Solar Panel Cost Guide in Jensen Beach, FL (2023 Update)
- Jensen Beach Solar Installation Cost: $9,500
- 25-Year Savings: $19,658
- Payback Period: 8.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Jensen Beach
Let's have a look at the average cost of solar panels in Jensen Beach.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Jensen Beach, the average cost of a solar system is 2.53 per watt. To account for the typical energy usage of the average home in Jensen Beach, most homeowners require a 5.4-kilowatt system. Using the figure above, a solar installation costs about $9,493, or $13,575 before the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Jensen Beach homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. Many homeowners find going solar is a rewarding investment. The average homeowner in Jensen Beach can save around $21,000 on their electricity bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Jensen Beach
| Year | Return on Investment |
|---|---|
| 1 years | $-9,403 |
| 3 years | $-9,209 |
| 5 years | $-9,014 |
| 7 years | $-8,820 |
| 9 years | $-8,626 |
| 11 years | $-8,431 |
| 13 years | $-8,237 |
| 15 years | $-8,042 |
| 17 years | $-7,848 |
| 19 years | $-7,654 |
| 21 years | $-7,459 |
| 23 years | $-7,265 |
| 25 years | $-7,070 |
Top Solar Installers in Jensen Beach
Installing solar panels by yourself can be a challenging task, which is why hiring a solar installer is a good option for many homeowners. Plus, if you're not certain what kind of solar panels and equipment you need, a solar company can help you find the right equipment for you after a site survey and consultation.
There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:
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 Jensen Beach
Factors that Affect Solar Panel Costs in Jensen Beach
The cost of installing a solar system in Jensen Beach can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,530. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Jensen Beach, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That's why many Jensen Beach homeowners choose to finance their solar panel systems to make going solar more affordable. 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 getting a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Jensen Beach is the company you get to install your PV system. As with choosing a company to renovate your kitchen, for example, you'll have many options for solar installers that provide a range of services for different budgets. Companies that only sell high-quality, high-efficiency and high-price products — 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 find a company that offers the products, warranties and services you want and also is 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 | $2.63 | $11,051 | $21,562 | 8.5 years |
| 8 kW | $2.58 | $14,451 | $29,033 | 8.3 years |
| 10 kW | $2.53 | $17,710 | $36,645 | 8.1 years |
| 12 kW | $2.48 | $20,827 | $44,399 | 8.0 years |
| 14 kW | $2.43 | $23,802 | $52,295 | 7.8 years |
| 16 kW | $2.38 | $26,636 | $60,333 | 7.7 years |
| 18 kW | $2.33 | $29,328 | $68,512 | 7.5 years |
| 20 kW | $2.28 | $31,878 | $76,832 | 7.3 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:
- Installation Process: When making the switch to solar power, it's necessary to keep an open line of communication with your solar installer. Make sure you understand how the installation process works and the project completion timeline.
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of 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 good reviews from past customers.
- Contract: Review the contract terms closely to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you hire.
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 Jensen Beach, FL Solar Cost FAQs
What is the average cost of installing solar panels in Jensen Beach?
This is a tough question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $12,650 for a 5-kW system and $25,300 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
What other factors should I consider other than cost when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels completely eradicate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,087.10 per year.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household 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.