Solar Panel Cost Guide in Wesley Chapel, FL (2024 Update)
- Wesley Chapel Solar Installation Cost: $12,515
- 25-Year Savings: $21,729
- Payback Period: 9.9 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Wesley Chapel
We go over average solar pricing in Wesley Chapel.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Wesley Chapel, the average cost of solar panels is 3 per watt.The average solar panel system size in Wesley Chapel is around 5.6 kilowatts, meaning a cost of about $12,515 for a solar installation, or $17,896 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Wesley Chapel 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 savings for most homeowners is quite good, with a net average savings of about $23,000 over 20 years on electricity bills.
To get a free quote from a vetted solar company in Wesley Chapel, you can click the button below.
Solar savings over time in Wesley Chapel
| Year | Return on Investment |
|---|---|
| 1 years | $-10,740 |
| 3 years | $-7,191 |
| 5 years | $-3,641 |
| 7 years | $-92 |
| 9 years | $3,458 |
| 11 years | $7,007 |
| 13 years | $10,557 |
| 15 years | $14,107 |
| 17 years | $17,656 |
| 19 years | $21,206 |
| 21 years | $24,755 |
| 23 years | $28,305 |
| 25 years | $31,854 |
Top Solar Installers in Wesley Chapel
Many homeowners decide to hire a solar installation company since installing solar panels on your own can be challenging. Companies can also offer access to quality options of the best solar panels and help you decide which one will be right for your family.
If you're on the hunt for a solar installer in Wesley Chapel, we've organized a list of our top suggestions here:
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 Wesley Chapel
Factors that Affect Solar Panel Costs in Wesley Chapel
For many Wesley Chapel homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Wesley Chapel, with typical prices between $20,000 to $40,000. There are various 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 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 pay about $3,210 per kilowatt in Wesley Chapel.The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your power bills. In addition, extra products, like solar batteries, can bring your total well above the Wesley Chapel average.
Solar Financing Terms
Most solar installers in Wesley Chapel have solar loans, which reduce your upfront costs of installing solar panels.It’s a good idea 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
The solar installer you choose to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies in Wesley Chapel, and each can charge varying amounts for labor and equipment.Additionally, some companies in Wesley Chapel know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $20,011 | 10.3 years |
| 8 kW | $3.27 | $18,336 | $27,041 | 10.1 years |
| 10 kW | $3.21 | $22,470 | $34,251 | 9.9 years |
| 12 kW | $3.15 | $26,425 | $41,641 | 9.7 years |
| 14 kW | $3.08 | $30,200 | $49,210 | 9.5 years |
| 16 kW | $3.02 | $33,795 | $56,959 | 9.3 years |
| 18 kW | $2.95 | $37,210 | $64,888 | 9.1 years |
| 20 kW | $2.89 | $40,446 | $72,996 | 8.9 years |
How to Save on Solar Panels
There are a lot of companies available in Wesley Chapel, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: The brand of solar panel you want to install plays a role in which company you should go with, since different companies provide different panels.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and what the project timeline is.
- Contract: Before signing a contract with a solar company, be sure to read it through carefully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Wesley Chapel, FL Solar Cost FAQs
What is the average cost of installing solar panels in Wesley Chapel?
This is a hard 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 other solar equipment or more efficient panels, or if you have above-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.
What other factors should I consider apart from cost when buying solar panels?
The initial cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Wesley Chapel?
Each state has some kind 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 electricity bills.
How long do solar panels last in Wesley Chapel?
On average, the lifespan of solar panels is 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 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.