Solar Panel Cost Guide in Poinciana, FL (2025 Update)
- Poinciana Solar Installation Cost: $12,272
- 25-Year Savings: $24,564
- Payback Period: 9.0 Years
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Average Cost of Solar Panels in Poinciana
We go over average solar pricing in Poinciana.
In Poinciana, solar panels cost about 3 per watt on average.The average Poinciana homeowner needs a 5.5-kilowatt system, which would cost about $12,272 with the federal tax credit, or $17,549 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Poinciana homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.But, once you've paid the initial cost of installation, the return on investment for most homeowners is quite fruitful, with a net average savings of about $25,000 over 20 years on utility bills.
To receive a free estimate from a highly rated solar company in Poinciana, you can click the button below.
Solar savings over time in Poinciana
| Year | Return on Investment |
|---|---|
| 1 years | $-10,497 |
| 3 years | $-6,948 |
| 5 years | $-3,398 |
| 7 years | $151 |
| 9 years | $3,701 |
| 11 years | $7,251 |
| 13 years | $10,800 |
| 15 years | $14,350 |
| 17 years | $17,899 |
| 19 years | $21,449 |
| 21 years | $24,998 |
| 23 years | $28,548 |
| 25 years | $32,098 |
Top Solar Installers in Poinciana
Many homeowners opt for a solar installer since figuring out how to install solar panels by yourself can be hard. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long term because of their warranties, repair services and expert design.
Working with a licensed solar installer can help your solar project go smoothly. Here are our recommendations:
See all of the solar companies in Poinciana
Factors that Affect Solar Panel Costs in Poinciana
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few key factors that affect your total cost in Poinciana: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,210.There are several different solar panel brands and the one you pick also affects the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are available from most installers in Poinciana, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.It’s wise to add 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 back the loan.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Poinciana is the company you choose to install your solar panel system. As with choosing a company to install new cabinets, for example, there’s no shortage of solar installers that offer a range of services at different price points.Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $23,591 | 9.3 years |
| 8 kW | $3.27 | $18,336 | $31,814 | 9.1 years |
| 10 kW | $3.21 | $22,470 | $40,216 | 9.0 years |
| 12 kW | $3.15 | $26,425 | $48,799 | 8.8 years |
| 14 kW | $3.08 | $30,200 | $57,561 | 8.6 years |
| 16 kW | $3.02 | $33,795 | $66,503 | 8.4 years |
| 18 kW | $2.95 | $37,210 | $75,625 | 8.2 years |
| 20 kW | $2.89 | $40,446 | $84,927 | 8.1 years |
How to Save on Solar Panels
There are a large number of companies available in Poinciana, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Different companies will carry various brands and models of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
- Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running for a long time and save you money on part replacement and repairs.
- Contract: Although reading through a contract can be tedious, it’s important to do it fully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
EcoWatch's Poinciana, FL Solar Cost FAQs
What is the average cost of installing solar panels in Poinciana?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Broadly 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 more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Poinciana?
A solar panel system isn’t free in Poinciana, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is it worth going solar in Poinciana?
Solar panels can be a great investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can 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 get between 20 and 35 panels to account for 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.