Solar Panel Cost Guide in West Miami, FL (2024 Update)

  • West Miami Solar Installation Cost: $12,014
  • 25-Year Savings: $19,689
  • Payback Period: 10.3 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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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in West Miami

Find out what the average cost of installing solar panels is in West Miami.

In West Miami, solar panels cost about 3 per watt on average.Using this figure, a typical 5.3-kW system would cost about $12,014 before the 0 federal solar tax credit is applied.

The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of going solar can vary depending on multiple factors, such as what size system you need, your energy usage and what solar installer you go with.With average savings of about $21,000 on electricity bills over 20 years, many homeowners in West Miami find going solar can pay off big.

To receive a free estimate from a pre-vetted solar company in West Miami, you can click the button below.

Solar savings over time in West Miami

Year Return on Investment
1 years $-10,641
3 years $-7,894
5 years $-5,146
7 years $-2,399
9 years $348
11 years $3,095
13 years $5,843
15 years $8,590
17 years $11,337
19 years $14,084
21 years $16,832
23 years $19,579
25 years $22,326

Top Solar Installers in West Miami

Many homeowners opt for a solar installer since trying to put up solar panels by yourself can be a labor-intensive endeavor. Solar companies offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.

You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some in West Miami:

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 West Miami

Factors that Affect Solar Panel Costs in West Miami

There are many criteria that can determine your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.

Solar Equipment

The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,210.The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your energy bills. In addition, add-on products, such as solar batteries, can bump up your total well above the West Miami average.

Solar Financing Terms

Solar panels can save you money on power bills over time, but they can also be a significant investment. That’s why many West Miami homeowners opt to finance their solar panel systems to make going solar more affordable.Although solar loans make adopting solar energy more accessible for West Miami homeowners, they can also increase the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The remaining major cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in West Miami, you’ll have many options to choose from, but each comes at various price points for labor and equipment.Additionally, some companies in West Miami know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 $18,699 10.7 years
8 kW $3.27 $18,336 $25,291 10.5 years
10 kW $3.21 $22,470 $32,063 10.3 years
12 kW $3.15 $26,425 $39,015 10.1 years
14 kW $3.08 $30,200 $46,147 9.9 years
16 kW $3.02 $33,795 $53,459 9.7 years
18 kW $2.95 $37,210 $60,950 9.5 years
20 kW $2.89 $40,446 $68,621 9.3 years

How to Save on Solar Panels

Since the kind of solar panels and the installer you choose significantly impacts your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Contract: Before you sign a contract with a solar installer, make sure to read it through completely so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
  • Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Solar Panel Brands: The type of solar panel you’d like to install plays a part in which company you should opt for, since different companies provide different panels.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can check your installer’s reputation is by reading reviews.

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 West Miami, FL Solar Cost FAQs

What is the average cost of installing solar panels in West Miami?

The average cost of solar panels in West Miami is about $16,050 for a 5-kW system and $32,100 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.

Are solar panels free in West Miami?

Solar panels aren’t free in West Miami, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.

Does West Miami have a net metering program?

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 give you credit toward your future utility bills.

How long do solar panels last in West Miami?

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.

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