Solar Panel Cost Guide in Jupiter, FL (2023 Update)
- Jupiter Solar Installation Cost: $9,531
- 25-Year Savings: $18,953
- Payback Period: 8.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Jupiter
Here's how much it might cost to go solar in Jupiter.
While the national average of solar panels is $2.66 per watt, solar panels in Jupiter typically cost about 2.53. The average Jupiter homeowner needs a 5.4-kilowatt system, which would cost about $9,528 with the federal tax credit, or $13,625 before the 30% tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Jupiter homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. But, once you've paid the upfront cost of installation, the return on investment for most homeowners is typically rewarding, with a net average savings of about $20,000 over 20 years on electricity bills.
Click the button below to get connected to a vetted solar company in your area for a custom estimate.
Solar savings over time in Jupiter
| Year | Return on Investment |
|---|---|
| 1 years | $-9,436 |
| 3 years | $-9,246 |
| 5 years | $-9,056 |
| 7 years | $-8,866 |
| 9 years | $-8,676 |
| 11 years | $-8,486 |
| 13 years | $-8,297 |
| 15 years | $-8,107 |
| 17 years | $-7,917 |
| 19 years | $-7,727 |
| 21 years | $-7,537 |
| 23 years | $-7,347 |
| 25 years | $-7,157 |
Top Solar Installers in Jupiter
Although it's possible to install solar panels on your own, it involves extra time and know-how. That's why almost all homeowners choose a solar panel installer. Plus, if you're unsure what type of solar panels and equipment you need, a solar expert can help you figure that out after a site survey and consultation.
There are several licensed solar professionals that can install solar panels for you. 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 Jupiter
Factors that Affect Solar Panel Costs in Jupiter
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that will push your cost above or below the average in Jupiter: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend about $2,530 per kilowatt in Jupiter. The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price 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 will be looking at a higher equipment cost, but this can typically lead to more 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
Many homeowners find the average cost of solar in Jupiter to be prohibitively steep, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in higher prices over time because of interest. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The remaining key cost factor you should keep in mind is the installer you choose. Given the massive popularity of green energy solutions in Jupiter, you'll have lots of options to choose from, but each comes at various price points for labor and equipment. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $20,705 | 8.7 years |
| 8 kW | $2.58 | $14,451 | $27,890 | 8.5 years |
| 10 kW | $2.53 | $17,710 | $35,217 | 8.4 years |
| 12 kW | $2.48 | $20,827 | $42,685 | 8.2 years |
| 14 kW | $2.43 | $23,802 | $50,295 | 8.0 years |
| 16 kW | $2.38 | $26,636 | $58,047 | 7.9 years |
| 18 kW | $2.33 | $29,328 | $65,941 | 7.7 years |
| 20 kW | $2.28 | $31,878 | $73,976 | 7.5 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 models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The type of solar panel you need plays a role in which company you should choose, since different companies offer different panels.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable 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.
- Contract: Before signing a contract with a solar installer, make sure to look it over carefully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Warranty: If you care about the durability of your solar system, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
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 Jupiter, FL Solar Cost FAQs
What is the average cost of installing solar panels in Jupiter?
This is a difficult question to answer exactly, because the cost depends on many 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 higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration 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 you sell solar power back to the grid in Jupiter?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future energy bills.
How long do solar panels last in Jupiter?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.