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
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Average Cost of Solar Panels in Wesley Chapel
We go over average solar pricing in Wesley Chapel.
While the national average of solar panels is $2.66 per watt, solar panels in Wesley Chapel typically cost about 3.Because a 5.6-kW system is needed to cover the energy consumption of a typical home in Wesley Chapel, the average price of going solar will be about $12,515 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy use, the type of equipment you want to get, your solar contractor and more.With typical savings of about $23,000 on electricity bills over 20 years, many homeowners in Wesley Chapel find going solar has a decent ROI.
To see your potential savings and connect with a local solar installer, 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 opt for a solar installer since installing solar panels on your own can be a labor-intensive endeavor. The expertise that solar installers provide can be helpful as well, especially if you aren’t sure what brand of solar equipment would be right for your home.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Wesley Chapel
Factors that Affect Solar Panel Costs in Wesley Chapel
The cost of installing a solar system in Wesley Chapel can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation use 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 many different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are offered by most installers in Wesley Chapel, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible.Although solar loans make switching to solar energy more accessible for Wesley Chapel homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Wesley Chapel is the company you hire to install your solar system. Similar to choosing a company to renovate your kitchen, for instance, there’s no shortage of solar installers that provide a range of services for different budgets.Companies that only sell high-quality, high-efficiency and high-price products — 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 go with the company that offers the products, warranties and services you want and also fits 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 | $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
The solar company you go with will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, such as:
- Solar Panel Brands: Different companies will offer various brands and types of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the completion timeline.
- Contract: Before you sign a contract with a solar company, make sure you read it through fully 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: If you care about the durability of your solar panel system, making sure your company offers a 25-year, all-inclusive warranty can help put you at ease.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Wesley Chapel, FL Solar Cost FAQs
How much does it cost to install solar panels in Wesley Chapel?
This is a tough question to answer precisely, because the cost depends on a few different 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 higher quality panels, or if you have higher-than-average energy needs. On the flip side, 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 a crucial factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can trump 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 form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you 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, 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 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.