The cost of solar panels in Defuniak Springs, FL

Updated Dec 15, 2023

  • You'll pay an average of $13,287 to install a 5 kilowatt solar panel system in Defuniak Springs, FL, before incentives.

  • The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs.

  • With EnergySage's competitive marketplace, you can expect to see prices up to 20% lower than if you work with a single company.

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Written by: Emily Walker

As of December 2023, the average solar panel system costs $2.66/W including installation in Defuniak Springs, FL. For a 5 kW installation, this comes out to about $13,287 before incentives, though prices range from $11,294 to $15,280. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in Defuniak Springs, FL

Good Price
$11,294 or less
Market Average
$13,287
High Price
$15,280 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Defuniak Springs, FL state incentives, which will lower this price by at least a few thousand dollars.

Your solar panel cost depends on your system's size

It may seem obvious but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

While a 5 kW system will only cost you $13,287 in Defuniak Springs, FL, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill.

Average solar cost by system size in Defuniak Springs, FL

System Size
System Cost
System Cost (after ITC)
3 kW$7,972$5,581
4 kW$10,630$7,441
5 kW$13,287$9,301
6 kW$15,945$11,161
7 kW$18,602$13,022
8 kW$21,260$14,882
9 kW$23,917$16,742
10 kW$26,575$18,602

Are solar panels worth it in Defuniak Springs, FL?

Solar panels are worth it in most areas, including Defuniak Springs, FL. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

If you pay for your system with cash, you'll save about $26,471 over 20 years on electricity costs with a 5 kW system in Defuniak Springs, FL. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, and inflation rates.

Payback Period
10.69 Years
20-Year Savings
$26,471
Cost-per-Watt
$2.66

If you can't shell out $13,287 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

Find out what solar panels cost in your area in 2023
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The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in FL, here are some popular suggestions:

  • ESD Solar
    Pinellas Park, FL
    Established 2014
    Elite Installer
    We are energy consultants that pride ourselves on helping homeowners reach their energy goals through solar. We w...
    Elite Installer
    Screened & Verified

    We are energy consultants that pride ourselves on helping homeowners reach their energy goals through solar. We w...
  • SunPower
    Multi-state
    Established 1985
    Advanced Installer
    SunPower is the number one rated solar company, and with over 37 years of dedicated solar experience, we're the o...
    Advanced Installer
    Screened & Verified

    SunPower is the number one rated solar company, and with over 37 years of dedicated solar experience, we're the o...
  • AFFORDABLE ENERGY CENTER
    Santa Rosa Beach, FL
    Established 2015
    Approved Installer
    #DOINGSOLARRIGHT
    May I ask you a question?
    Since you like our product, Since you like our price options, than why...
    Approved Installer
    Screened & Verified
    5.0 /5.0
    3 Reviews

    #DOINGSOLARRIGHT
    May I ask you a question?
    Since you like our product, Since you like our price options, than why...
  • Castor Solar, Inc
    Panama City Beach, FL
    Established 2021
    Approved Installer
    At Castor Solar, we put our customers first with expert engineer designs, best-in-class products, and unparallele...
    Approved Installer
    Screened & Verified
    4.5 /5.0
    5 Reviews

    At Castor Solar, we put our customers first with expert engineer designs, best-in-class products, and unparallele...
  • Unicity Solar Energy
    Tampa, FL
    Established 2018
    Approved Installer
    With over 30 years of direct PV experience, Unicity Solar installs high quality solar electric systems with indus...
    Approved Installer
    Screened & Verified
    4.5 /5.0
    50 Reviews

    With over 30 years of direct PV experience, Unicity Solar installs high quality solar electric systems with indus...

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in Defuniak Springs, FL.

Take advantage of federal and local solar incentives

As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in Defuniak Springs, FL. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. Many states also offer great local incentives and rebates.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

Why shop with EnergySage?

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