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.
Although the national average of solar panels is $2.66 per watt, solar panels in Wimauma generally cost around 3.Using this figure, a typical 5.5-kW system would cost about $12,394 before the 0 federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Wimauma depending on a few factors, such as the type of solar panels you choose and the solar company you hire.Many homeowners find installing solar panels is a rewarding investment. The average homeowner in Wimauma can save around $21,000 on their energy bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, 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
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a headache. Taking advantage of an installer can make your swap to solar power much easier. Another good thing about choosing a top solar installer is that it'll likely provide warranties and free repairs, which help protect your investment.
Working with a licensed solar installer can help your solar project go smoothly. Here are our recommendations:
Best National Provider
SunPower
- 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
- 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
See all of the solar companies in Wimauma
Factors that Affect Solar Panel Costs in Wimauma
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that affect your total cost in Wimauma: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The size of the solar energy system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,210. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Wimauma, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That’s why many Wimauma homeowners decide to finance their solar panel systems to make going solar more affordable.When considering your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the massive popularity of renewable energy solutions in Wimauma, you’ll have many options to choose from, but each comes at various price points for labor and equipment.Some companies only sell products with high efficiency and therefore a higher price point — 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 choose a company that provides 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 | $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
There are a large number of companies available in Wimauma, 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: If you’re worried about the durability of your solar energy system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases offer good-quality solar panel installation and expertise.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: It’s important to look over your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
Best National Provider
SunPower
- 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
- 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
EcoWatch's Wimauma, FL Solar Cost FAQs
How much does it cost to install solar panels in Wimauma?
This is a hard question to answer exactly, because the cost depends on many 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 extra solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
What other factors should I consider in addition to cost 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 areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Is it worth going solar in Wimauma?
Solar panels can be a great investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
How long do solar panels last in Wimauma?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them once you've had 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.