Solar Panel Cost Guide in Fort Pierce, FL (2024 Update)
- Fort Pierce Solar Installation Cost: $11,797
- 25-Year Savings: $20,616
- Payback Period: 9.9 Years
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Average Cost of Solar Panels in Fort Pierce
Find out what the average cost of solar panel installation is in Fort Pierce.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Fort Pierce, the typical cost of solar panels is 3 per watt.Using this figure, a typical 5.3-kW system would cost about $11,797 before the 0 federal solar tax credit is applied.
The actual price you pay can be higher or lower than the average in Fort Pierce depending on a variety of factors, such as the brand of solar panels you choose and the solar company you hire.Many homeowners find going solar is a sound investment. The average homeowner in Fort Pierce can save around $22,000 on their power bills over 20 years.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Fort Pierce
| Year | Return on Investment |
|---|---|
| 1 years | $-10,412 |
| 3 years | $-7,641 |
| 5 years | $-4,871 |
| 7 years | $-2,100 |
| 9 years | $671 |
| 11 years | $3,441 |
| 13 years | $6,212 |
| 15 years | $8,983 |
| 17 years | $11,753 |
| 19 years | $14,524 |
| 21 years | $17,295 |
| 23 years | $20,065 |
| 25 years | $22,836 |
Top Solar Installers in Fort Pierce
Although it's possible to install solar panels by yourself, it requires extra energy and know-how. For that reason, the majority of homeowners choose to hire a solar panel installer. Another perk of utilizing a solar company is that they can help you optimize your ROI by bringing down your future costs of repairs and replacements due to warranties and helping you learn about local incentives you can take advantage of.
There are various licensed solar professionals that can help you install your solar panels. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Fort Pierce
Factors that Affect Solar Panel Costs in Fort Pierce
The cost of installing a solar system in Fort Pierce can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.There are several different solar panel brands and the one you pick also changes the cost. Usually, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Fort Pierce homeowners opt to finance their solar panel systems to offset upfront costs.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar panel installation company you choose will play a role in your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and choose a company that has the products, warranties and services you’re looking for and also fits within your budget.
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 | $20,164 | 10.3 years |
| 8 kW | $3.27 | $18,336 | $27,245 | 10.1 years |
| 10 kW | $3.21 | $22,470 | $34,506 | 9.9 years |
| 12 kW | $3.15 | $26,425 | $41,946 | 9.7 years |
| 14 kW | $3.08 | $30,200 | $49,567 | 9.5 years |
| 16 kW | $3.02 | $33,795 | $57,367 | 9.3 years |
| 18 kW | $2.95 | $37,210 | $65,346 | 9.1 years |
| 20 kW | $2.89 | $40,446 | $73,506 | 8.9 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
- Contract: Before signing a contract with a solar company, be sure to look it over carefully so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be completed and how long it will take.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Fort Pierce, FL Solar Cost FAQs
What is the average cost of installing solar panels in Fort Pierce?
The average cost of solar panels in Fort Pierce is about $16,050 for a 5-kW system and $32,100 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider apart from cost when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.