Solar Panel Cost Guide in Timber Pines, FL (2024 Update)
- Timber Pines Solar Installation Cost: $12,554
- 25-Year Savings: $22,523
- Payback Period: 9.7 Years
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Average Cost of Solar Panels in Timber Pines
Find out what the average cost of solar panel installation is in Timber Pines.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Timber Pines, the typical cost of a solar system is 3 per watt.The average Timber Pines homeowner needs a 5.6-kilowatt system, which would cost about $12,554 with the federal tax credit, or $17,952 before the 0 tax credit is applied.
The true price you pay can be above or below the average in Timber Pines depending on several factors, such as the type of solar panels you choose and the solar contractor you hire.With average savings of about $23,000 on electricity bills over 20 years, many homeowners in Timber Pines find going solar can be quite rewarding.
You can click the button below to get connected with a vetted solar company in Timber Pines that can help you get a more accurate cost estimate for your home.
Solar savings over time in Timber Pines
| Year | Return on Investment |
|---|---|
| 1 years | $-10,780 |
| 3 years | $-7,230 |
| 5 years | $-3,681 |
| 7 years | $-131 |
| 9 years | $3,419 |
| 11 years | $6,968 |
| 13 years | $10,518 |
| 15 years | $14,067 |
| 17 years | $17,617 |
| 19 years | $21,166 |
| 21 years | $24,716 |
| 23 years | $28,266 |
| 25 years | $31,815 |
Top Solar Installers in Timber Pines
Installing solar panels by yourself can be a challenging undertaking, which is why hiring a solar installation company is a good option for many homeowners. The expertise that solar installers offer can be helpful as well, particularly if you don’t quite know what kind of solar equipment would be right for your home.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best National Provider
SunPower
- 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
- 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 Timber Pines
Factors that Affect Solar Panel Costs in Timber Pines
The cost of installing a solar system in Timber Pines can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar system in Timber Pines, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can gauge by looking at past energy bills. Your total cost can increase by about $3,210 for each additional kilowatt you need.The model of solar panels and equipment you get is another factor that will considerably affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Furthermore, solar equipment consists of more than just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Timber Pines to be prohibitively costly, even if the investment pays off over time. Thankfully, nearly every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in higher prices over time due to interest.However, the interest on solar loans also increases your total costs, so it’s important to keep that in mind as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you choose to install your solar panel system can influence your pricing. Timber Pines’s solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices due to their larger brand name and access to bulk pricing, 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 | $3.34 | $14,021 | $20,791 | 10.1 years |
| 8 kW | $3.27 | $18,336 | $28,081 | 9.9 years |
| 10 kW | $3.21 | $22,470 | $35,550 | 9.7 years |
| 12 kW | $3.15 | $26,425 | $43,200 | 9.5 years |
| 14 kW | $3.08 | $30,200 | $51,029 | 9.3 years |
| 16 kW | $3.02 | $33,795 | $59,038 | 9.1 years |
| 18 kW | $2.95 | $37,210 | $67,226 | 8.9 years |
| 20 kW | $2.89 | $40,446 | $75,595 | 8.7 years |
How to Save on Solar Panels
The solar panel company you go with will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, such as:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases offer good-quality solar panel installation and expertise.
- Contract: When looking over your solar installer’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you opt for.
Best National Provider
SunPower
- 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
- 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 Timber Pines, FL Solar Cost FAQs
How much does it cost to install solar panels in Timber Pines?
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 extra 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.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Timber Pines?
The majority of states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can take a 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 buy between 20 and 35 panels to cover 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.
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.