Solar Panel Cost Guide in Whiskey Creek, FL (2024 Update)
- Whiskey Creek Solar Installation Cost: $12,004
- 25-Year Savings: $19,299
- Payback Period: 10.4 Years
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Average Cost of Solar Panels in Whiskey Creek
Let’s have a look at the average cost of solar in Whiskey Creek.
In Whiskey Creek, solar panels cost about 3 per watt on average.To account for the typical energy needs of the average home in Whiskey Creek, most homeowners require a 5.3-kilowatt system. Using the figure above, a solar installation costs about $12,004, or $17,166 before the federal solar tax credit of 0 is applied.
The true price you pay can go above or below the average in Whiskey Creek depending on a variety of factors, such as the brand of solar panels you choose and the solar installer you hire.Many homeowners find adopting solar power is a solid investment. The average homeowner in Whiskey Creek can save about $20,000 on their power bills over 20 years.
To receive a free estimate from a vetted solar company in Whiskey Creek, you can click the button below.
Solar savings over time in Whiskey Creek
Year | Return on Investment |
---|---|
1 years | $-10,630 |
3 years | $-7,883 |
5 years | $-5,136 |
7 years | $-2,388 |
9 years | $359 |
11 years | $3,106 |
13 years | $5,853 |
15 years | $8,601 |
17 years | $11,348 |
19 years | $14,095 |
21 years | $16,842 |
23 years | $19,589 |
25 years | $22,337 |
Top Solar Installers in Whiskey Creek
Installing solar panels on your own can be a difficult project, which is why hiring a solar installer is a good option for many homeowners. Another benefit of using a solar installer is that they can help you optimize your return of investment by reducing your future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
If you're on the hunt for a solar company in Whiskey Creek, the EcoWatch team has compiled a list of our top suggestions here:
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 Whiskey Creek
Factors that Affect Solar Panel Costs in Whiskey Creek
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few major factors that determine your overall cost in Whiskey Creek: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
One of the most significant 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 energy your household consumes, the larger your system will likely need to be. You can expect to pay around $3,210 per kilowatt in Whiskey Creek.There are a lot of different solar panel brands and the one you choose also changes the cost. Generally, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you choose 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
Most solar companies in Whiskey Creek provide solar loans, which reduce the initial cost of installing solar panels.When figuring out your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Whiskey Creek is the company you choose to install your solar system. Similar to choosing a company to build a deck or pool, for instance, there are plenty of solar installers that offer a range of services at different costs.Additionally, some companies in Whiskey Creek have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. 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 | $18,280 | 10.9 years |
8 kW | $3.27 | $18,336 | $24,733 | 10.6 years |
10 kW | $3.21 | $22,470 | $31,366 | 10.4 years |
12 kW | $3.15 | $26,425 | $38,178 | 10.2 years |
14 kW | $3.08 | $30,200 | $45,170 | 10.0 years |
16 kW | $3.02 | $33,795 | $52,342 | 9.8 years |
18 kW | $2.95 | $37,210 | $59,694 | 9.6 years |
20 kW | $2.89 | $40,446 | $67,225 | 9.4 years |
How to Save on Solar Panels
There are a lot of companies available in Whiskey Creek, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the best you can get in the business, and offering such a warranty is one sign of a quality company.
- Solar Panel Brands: The type of solar panel you need to install plays a part in which installer you should go with, since different companies provide different panels.
- Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Contract: Read the contract terms thoroughly to make sure you understand how much it will cost, project timeline incentives and warranties.
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 Whiskey Creek, FL Solar Cost FAQs
How much does it cost to install solar panels in Whiskey Creek?
This is a hard question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $16,050 for a 5-kW system and $32,100 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Are solar panels free in Whiskey Creek?
A solar panel system isn’t free in Whiskey Creek, 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 further reduce the cost.
Do solar panels increase how much your home is worth?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Whiskey Creek is currently $445,743, which means you can look forward to a value of about $18,275 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Whiskey Creek is a rewarding investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption 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 install between 20 and 35 panels to account for 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.