Solar Panel Cost Guide in White City, FL (2024 Update)
- White City Solar Installation Cost: $11,797
- 25-Year Savings: $20,427
- Payback Period: 9.9 Years
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Average Cost of Solar Panels in White City
Find out what the average cost of solar panels are in White City.
While the national average of solar panels is $2.66 per watt, solar panels in White City generally cost around 3.To cover the typical energy needs of the average home in White City, most homeowners require a 5.3-kilowatt system. Using the per-watt figure above, a solar installation costs about $11,797, or $16,870 before the federal solar tax credit of 0 is applied.
These figures are just averages, and the cost of going solar for you will differ based on factors unique to your home and what company you go with.But, after you've paid the upfront cost of installation, the return on investment for most homeowners is typically good, with a net average savings of about $22,000 over 20 years on energy bills.
You can click the button below to get connected with a vetted solar installer in White City for a quote for your home.
Solar savings over time in White City
Year | Return on Investment |
---|---|
1 years | $-10,424 |
3 years | $-7,676 |
5 years | $-4,929 |
7 years | $-2,182 |
9 years | $565 |
11 years | $3,313 |
13 years | $6,060 |
15 years | $8,807 |
17 years | $11,554 |
19 years | $14,302 |
21 years | $17,049 |
23 years | $19,796 |
25 years | $22,543 |
Top Solar Installers in White City
When switching to solar energy, many homeowners opt to use a solar installation company since putting up a solar system yourself can be a time-consuming project. Because solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
If you’d like to go solar but still aren’t sure which solar panel company to go with, here are our recommendations for providers in White City:
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 White City
Factors that Affect Solar Panel Costs in White City
The cost of installing a solar system in White City can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That’s why it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.There are several different solar panel brands and the one you choose also changes the cost. Generally, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in White City to be prohibitively steep, even if the investment pays off over time. Fortunately, almost every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in a higher cost over time because of interest.When estimating your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The final major cost factor you should consider is the installer you choose. Given the massive popularity of sustainable energy solutions in White City, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.Some companies 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 cost more. It’s best to do some research and find a company that offers the products, warranties and services you’re looking for and also is 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 | $19,949 | 10.3 years |
8 kW | $3.27 | $18,336 | $26,958 | 10.1 years |
10 kW | $3.21 | $22,470 | $34,146 | 9.9 years |
12 kW | $3.15 | $26,425 | $41,515 | 9.7 years |
14 kW | $3.08 | $30,200 | $49,063 | 9.5 years |
16 kW | $3.02 | $33,795 | $56,791 | 9.3 years |
18 kW | $2.95 | $37,210 | $64,699 | 9.1 years |
20 kW | $2.89 | $40,446 | $72,787 | 8.9 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose considerably affects 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:
- Warranty: Warranties that cover replacement parts and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one indication of a good company.
- Contract: Review the contract terms closely to make sure you understand how much it will cost, project timeline rebates and warranties.
- Solar Panel Brands: The type of solar panel you want to install plays a part in which company you should go with, since different companies have access to different panels.
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
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 White City, FL Solar Cost FAQs
How much does it cost to install solar panels in White City?
This is a difficult question to answer precisely, because the cost depends on a variety of 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. It will cost more if you want other solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
What other factors should I consider in addition to cost when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
How will having solar panels impact how much my home is worth?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in White City is currently $368,997, so you can look forward to a value of about $15,129 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in White City is a worthwhile investment.
How long do solar panels last in White City?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using them at a lower efficiency.
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.