Solar Panel Cost Guide in Ensley, FL (2025 Update)
- Ensley Solar Installation Cost: $13,072
- 25-Year Savings: $25,447
- Payback Period: 9.1 Years
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Average Cost of Solar Panels in Ensley
We break down average solar pricing in Ensley.
The national average cost of solar panels is $2.66 per watt, but in Ensley it’s 3 per watt.To account for the typical energy usage of the average home in Ensley, most homeowners require a 5.8-kilowatt system. Using the per-watt figure above, a solar installation costs about $13,072, or $18,693 before the federal solar tax credit of 0 is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy consumption, the type of equipment you choose, your solar contractor and more.But, after you've paid the initial cost of installation, the savings for most homeowners is usually good, with a net average savings of about $23,000 over 20 years on power bills.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Ensley
Year | Return on Investment |
---|---|
1 years | $-11,313 |
3 years | $-7,794 |
5 years | $-4,276 |
7 years | $-757 |
9 years | $2,761 |
11 years | $6,280 |
13 years | $9,798 |
15 years | $13,317 |
17 years | $16,835 |
19 years | $20,354 |
21 years | $23,872 |
23 years | $27,391 |
25 years | $30,909 |
Top Solar Installers in Ensley
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Going with an installer can make your swap to solar power much easier. The payback period on a solar system will vary depending on factors like your location and energy use, but working with a solar company can shorten it. Your provider will be able to help you identify incentives available in your area.
If you're on the hunt for a solar installer in Ensley, we've put together a list of our top suggestions here:
See all of the solar companies in Ensley
Factors that Affect Solar Panel Costs in Ensley
The cost of installing a solar system in Ensley can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That’s why it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Ensley homeowners opt to finance their solar panel systems to offset upfront costs.Although solar loans make going solar more accessible for Ensley homeowners, they can also increase the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you select will influence your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor.The size of the company can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.34 | $14,021 | $22,849 | 9.5 years |
8 kW | $3.27 | $18,336 | $30,825 | 9.3 years |
10 kW | $3.21 | $22,470 | $38,981 | 9.1 years |
12 kW | $3.15 | $26,425 | $47,316 | 9.0 years |
14 kW | $3.08 | $30,200 | $55,831 | 8.8 years |
16 kW | $3.02 | $33,795 | $64,526 | 8.6 years |
18 kW | $2.95 | $37,210 | $73,401 | 8.4 years |
20 kW | $2.89 | $40,446 | $82,455 | 8.2 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The model of solar panel you want to install plays a part in which company you should choose, since different companies provide different panels.
- Contract: Review the contract terms closely to make sure you understand how much it will cost, completion timeline incentives and warranties.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the completion timeline.
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
EcoWatch's Ensley, FL Solar Cost FAQs
What is the average cost of installing solar panels in Ensley?
This is a hard question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $16,050 for a 5-kW system and $32,100 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Ensley?
Leasing solar panels can be an option if you can’t afford to pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
How will installing solar panels impact how much my home is worth?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Ensley is currently $341,081, which means you can look forward to a value of about $13,984 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Ensley is a rewarding investment.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.