Solar Panel Cost Guide in Pompano Beach, FL (2024 Update)

  • Pompano Beach Solar Installation Cost: $12,084
  • 25-Year Savings: $19,635
  • Payback Period: 10.4 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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Average Cost of Solar Panels in Pompano Beach

We go over average solar pricing in Pompano Beach.

In Pompano Beach, solar panels cost about 3 per watt on average.To account for the typical energy usage of the average home in Pompano Beach, most homeowners require a 5.4-kilowatt system. Using the figure above, a solar installation costs around $12,084, or $17,280 before the federal solar tax credit of 0 is applied.

These figures are only averages, and the cost of going solar for you may look different based on your specific situation and what company you want to go with.Many homeowners find going solar is a fruitful investment. The average homeowner in Pompano Beach can save around $21,000 on their electricity bills over 20 years.

You can click the button below to get connected with a vetted solar company in Pompano Beach for a quote for your home.

Solar savings over time in Pompano Beach

Year Return on Investment
1 years $-10,710
3 years $-7,963
5 years $-5,216
7 years $-2,469
9 years $279
11 years $3,026
13 years $5,773
15 years $8,520
17 years $11,268
19 years $14,015
21 years $16,762
23 years $19,509
25 years $22,257

Top Solar Installers in Pompano Beach

When going solar, many homeowners choose to use a solar installation company since putting up solar panels yourself can be a time-consuming project. Local solar installers can also help you maximize your return on investment by assisting with any local incentives you can benefit from and by providing warranties and repairs.

You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some near you:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Pompano Beach

Factors that Affect Solar Panel Costs in Pompano Beach

For many Pompano Beach homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Pompano Beach, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you’ll pay, which we'll go over below.

Solar Equipment

One of the most important factors to consider when it comes to the cost of adopting solar energy 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 around $3,210 per kilowatt in Pompano Beach.There are a lot of different solar panel brands and the one you pick also changes the cost. Usually, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you want to install 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

Many homeowners find the average cost of solar in Pompano Beach to be too steep, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to a higher cost over time because of interest.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay back the loan.

Solar Panel Installation Company

Finally, the company you get to install your solar system can affect how much you pay. Pompano Beach’s solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell high-efficiency and high-priced 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 decide on the company that provides 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 $3.34 $14,021 $18,511 10.8 years
8 kW $3.27 $18,336 $25,041 10.6 years
10 kW $3.21 $22,470 $31,750 10.4 years
12 kW $3.15 $26,425 $38,640 10.2 years
14 kW $3.08 $30,200 $45,709 9.9 years
16 kW $3.02 $33,795 $52,957 9.7 years
18 kW $2.95 $37,210 $60,386 9.5 years
20 kW $2.89 $40,446 $67,994 9.3 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. Since selecting a company can be a tough decision, we have some tips to help you, such as:

  • 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.
  • Installation Process: When making the switch to solar energy, it’s necessary to keep an open line of communication with your solar panel installer. See to it that you understand how the installation process will go and the completion timeline.
  • Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
  • 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 like a system component breaking or if the company goes out of business.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Pompano Beach, FL Solar Cost FAQs

What is the average cost of installing solar panels in Pompano Beach?

The average cost of solar panels in Pompano Beach is about $16,050 for a 5-kW system and $32,100 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.

Can you get solar panels for free in Pompano Beach?

Solar panels aren’t free in Pompano Beach, 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 can help lower the cost.

How much can I save on power bills after installing solar panels?

It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Pompano Beach, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.

What solar power system size is right for my home?

To figure out how many solar panels you need, you need to know how much energy your home requires 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 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.

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