Solar Panel Cost Guide in Lantana, FL (2025 Update)
- Lantana Solar Installation Cost: $12,093
- 25-Year Savings: $17,602
- Payback Period: 11.1 Years
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Average Cost of Solar Panels in Lantana
We go over average solar pricing in Lantana.
The national average cost of solar panels is $2.66 per watt, but in Lantana it’s 3 per watt.Since a 5.4-kW system is needed to cover the energy needs of a typical home in Lantana, the average price of going solar will be about $12,093 after claiming the federal solar tax credit of 0.
These figures are only averages, and your own solar costs may vary based on the amount of energy your home requires and what company you choose to go with.With typical savings of about $19,000 on energy bills over 20 years, many homeowners in Lantana find going solar can pay off big.
You can click the button below to get connected with a pre-vetted solar company in Lantana for a quote for your home.
Solar savings over time in Lantana
| Year | Return on Investment |
|---|---|
| 1 years | $-10,719 |
| 3 years | $-7,972 |
| 5 years | $-5,224 |
| 7 years | $-2,477 |
| 9 years | $270 |
| 11 years | $3,017 |
| 13 years | $5,765 |
| 15 years | $8,512 |
| 17 years | $11,259 |
| 19 years | $14,006 |
| 21 years | $16,753 |
| 23 years | $19,501 |
| 25 years | $22,248 |
Top Solar Installers in Lantana
Although you can install solar panels on your own, it involves extra time and expertise. For that reason, most people choose to go with a solar panel installer. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long term due to their warranties, repair services and expert design.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
See all of the solar companies in Lantana
Factors that Affect Solar Panel Costs in Lantana
The cost of installing a solar system in Lantana can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system you need, and other factors include equipment choices, financing options and the solar installer you choose.
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 power your household consumes, the larger your system will likely need to be. You can expect to spend about $3,210 per kilowatt in Lantana.There are many different solar panel brands and the one you choose also affects the cost. In general, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That’s why many Lantana homeowners choose to finance their solar panel systems to make paying for solar more affordable.You’ll have to consider the long-term cost of financing options, including the amount of 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 above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you choose will influence your total cost to make the switch to solar power. Different companies will charge different amounts for the equipment and labor.Some companies 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 come at a higher cost. It’s best to do some research and find a company that offers the products, warranties and services you want and also fit into 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 | $16,229 | 11.6 years |
| 8 kW | $3.27 | $18,336 | $21,999 | 11.4 years |
| 10 kW | $3.21 | $22,470 | $27,948 | 11.1 years |
| 12 kW | $3.15 | $26,425 | $34,077 | 10.9 years |
| 14 kW | $3.08 | $30,200 | $40,385 | 10.7 years |
| 16 kW | $3.02 | $33,795 | $46,874 | 10.5 years |
| 18 kW | $2.95 | $37,210 | $53,542 | 10.3 years |
| 20 kW | $2.89 | $40,446 | $60,390 | 10.0 years |
How to Save on Solar Panels
There are many 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: Each solar panel brand and type has varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Contract: When reading over your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
EcoWatch's Lantana, FL Solar Cost FAQs
How much does it cost to install solar panels in Lantana?
This is a difficult question to answer precisely, because the cost depends on many 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. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will installing solar panels impact my property value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Lantana is currently $1,351,322, so you can look forward to a value of about $55,404 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Lantana is a fruitful investment.
How long do solar panels last in Lantana?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level 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.