Solar Panel Cost Guide in Wimauma, FL (2024 Update)
- Wimauma Solar Installation Cost: $12,394
- 25-Year Savings: $20,829
- Payback Period: 10.1 Years
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Average Cost of Solar Panels in Wimauma
We go over average solar pricing in Wimauma.
The average cost of a solar panel system in Wimauma is 3 per watt.Using this figure, a typical 5.5-kW system would cost about $12,394 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 Wimauma homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.With typical savings of about $21,000 on power bills over 20 years, many homeowners in Wimauma find investing in solar can be quite rewarding.
To get a free estimate from a highly rated solar company in Wimauma, you can click the button below.
Solar savings over time in Wimauma
| Year | Return on Investment |
|---|---|
| 1 years | $-11,020 |
| 3 years | $-8,273 |
| 5 years | $-5,526 |
| 7 years | $-2,779 |
| 9 years | $-31 |
| 11 years | $2,716 |
| 13 years | $5,463 |
| 15 years | $8,210 |
| 17 years | $10,958 |
| 19 years | $13,705 |
| 21 years | $16,452 |
| 23 years | $19,199 |
| 25 years | $21,947 |
Top Solar Installers in Wimauma
Many homeowners decide to use a solar installation company since installing solar panels yourself can be hard. Another good thing about going with a reliable solar installer is that it'll usually provide warranties and free repairs, which help protect your solar investment.
Working with a professional solar installer can make going solar easier. Here are our recommendations:
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 Wimauma
Factors that Affect Solar Panel Costs in Wimauma
For many Wimauma homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Wimauma, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of solar panels in Wimauma, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy consumption, which you can gauge by looking at past energy bills. Your total cost can increase by about $3,210 for each additional kilowatt you need.There are a lot of different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you want to install 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 a solar system out of pocket can be difficult. Solar loans are offered by most installers in Wimauma, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
Finally, the company you choose to install your solar system can impact the cost. Wimauma’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.
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 | $19,262 | 10.5 years |
| 8 kW | $3.27 | $18,336 | $26,043 | 10.3 years |
| 10 kW | $3.21 | $22,470 | $33,003 | 10.1 years |
| 12 kW | $3.15 | $26,425 | $40,143 | 9.9 years |
| 14 kW | $3.08 | $30,200 | $47,462 | 9.7 years |
| 16 kW | $3.02 | $33,795 | $54,961 | 9.5 years |
| 18 kW | $2.95 | $37,210 | $62,641 | 9.3 years |
| 20 kW | $2.89 | $40,446 | $70,499 | 9.1 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- Contract: Before you sign a contract with a solar installer, make sure to look it over carefully so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
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 Wimauma, FL Solar Cost FAQs
How much does it cost to install solar panels in Wimauma?
The average cost of solar panels in Wimauma is about $16,050 for a 5-kW system and $32,100 for a 10-kW system before the ITC, but the real cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to 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 goals for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
Even 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 how much energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can continue to use 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.