*Prices are shown after applying the 30% federal tax credit.
As of Oct 2024, the average cost of solar panels in Boca Raton is $2.62 per watt making a typical 6000 watt (6 kW) solar system $11,013 after claiming the 30% federal solar tax credit now available.
This is lower than the average price of residential solar power systems across the United States which is currently $3.00 per watt.
The size of a solar panel system also plays a role in how much the installation will cost.
Larger solar installations will typically have a lower cost per watt, because the panels can be purchased at a ‘bulk price’. However, these larger solar systems will still have a higher total cost, because they are made up of more individual panels.
System size* | Avg cost per watt |
Avg system cost
(After tax credit) show before tax |
---|---|---|
4kW | $2.69 | $7,519 |
5kW | $2.69 | $9,427 |
6kW | $2.62 | $11,013 |
7kW | $2.60 | $12,744 |
8kW | $2.57 | $14,416 |
9kW | $2.52 | $15,885 |
10kW | $2.50 | $17,486 |
Best unit price
$320.00 ($0.96 per watt)
Best system price
Installed 5.0kW system
$12,721.85
($2.53 p/w)
LG335N1K-V5 overview
Rated power
335 watts
Efficiency
19.6
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$562.50 ($1.50 per watt)
Best system price
Installed 4.9kW system
$12,120.18
($2.49 p/w)
LG375A1C-V5 overview
Rated power
375 watts
Efficiency
21.7
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$430.00 ($1.15 per watt)
Best system price
Installed 4.9kW system
$12,919.30
($2.65 p/w)
LG375Q1C-V5 overview
Rated power
375 watts
Efficiency
21.7
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$473.34 ($1.30 per watt)
Best system price
Installed 5.1kW system
$13,231.07
($2.59 p/w)
LG365Q1K-V5 overview
Rated power
365 watts
Efficiency
21.1
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$432.00 ($1.20 per watt)
Best system price
Installed 5.0kW system
$13,276.66
($2.63 p/w)
LG360Q1K-V5 overview
Rated power
360 watts
Efficiency
20.8
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$530.85 ($1.50 per watt)
Best system price
Installed 5.0kW system
$12,386.87
($2.49 p/w)
LG355Q1K-V5 overview
Rated power
355 watts
Efficiency
20.6
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$495.00 ($1.38 per watt)
Best system price
Installed 5.0kW system
$13,091.06
($2.60 p/w)
LG360Q1C-V5 overview
Rated power
360 watts
Efficiency
20.8
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$407.97 ($1.10 per watt)
Best system price
Installed 5.2kW system
$13,159.30
($2.54 p/w)
LG370Q1C-V5 overview
Rated power
370 watts
Efficiency
21.4
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$323.39 ($0.97 per watt)
Best system price
Installed 5.0kW system
$12,691.01
($2.53 p/w)
LG335N1C-V5 overview
Rated power
335 watts
Efficiency
19.6
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$338.19 ($0.99 per watt)
Best system price
Installed 5.1kW system
$0.00
($0.00 p/w)
LG340N1C-V5 overview
Rated power
340 watts
Efficiency
19.8
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$600.00 ($1.83 per watt)
Best system price
Installed 4.9kW system
$12,808.41
($2.61 p/w)
SPR-E20-327-COM overview
Rated power
327 watts
Efficiency
20.4
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$800.00 ($2.22 per watt)
Best system price
Installed 5.0kW system
$13,201.67
($2.62 p/w)
SPR-X22-360 overview
Rated power
360 watts
Efficiency
22.2
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$620.00 ($1.90 per watt)
Best system price
Installed 4.9kW system
$13,703.10
($2.79 p/w)
SPR-E20-327-D-AC overview
Rated power
327 watts
Efficiency
20.4
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$620.00 ($1.90 per watt)
Best system price
Installed 4.9kW system
$13,610.59
($2.77 p/w)
SPR-E20-327 overview
Rated power
327 watts
Efficiency
20.4
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$181.00 ($0.60 per watt)
Best system price
Installed 5.1kW system
$11,003.04
($2.16 p/w)
CS6K-300MS overview
Rated power
300 watts
Efficiency
18.33
Number of Cells
60
Cell type
Monocrystalline
Manufactured
CA
Best unit price
$196.11 ($0.65 per watt)
Best system price
Installed 5.1kW system
$9,948.02
($1.95 p/w)
LR6-60-HPB-300M overview
Rated power
300 watts
Efficiency
18.1
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$172.00 ($0.56 per watt)
Best system price
Installed 4.9kW system
$9,568.53
($1.96 p/w)
LR6-60-HPB-305M overview
Rated power
305 watts
Efficiency
18.4
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$165.00 ($0.53 per watt)
Best system price
Installed 5.0kW system
$9,761.72
($1.97 p/w)
LR6-60-HPB-310M overview
Rated power
310 watts
Efficiency
18.7
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$228.00 ($0.60 per watt)
Best system price
Installed 4.9kW system
$9,579.65
($1.94 p/w)
LR4-60HPH-380M overview
Rated power
380 watts
Efficiency
20.9
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$234.00 ($0.60 per watt)
Best system price
Installed 5.1kW system
$10,126.74
($2.00 p/w)
LR6-72HBD-390M overview
Rated power
390 watts
Efficiency
19.4
Number of Cells
144
Cell type
Mono PERC
Manufactured
CN
4.98 886 Reviews
Adriane, 4 days ago
Bill was very professional and knowledgeable. The installers was nice and good. I would recommend SUNVENA.
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Adriane, 4 days ago
Bill was very professional and knowledgeable. The installers was nice and good. I would recommend SUNVENA.
4.97 590 Reviews
Michael P, 4 days ago
We worked with Affordable getting Tesla Powerwalls on two of our properties. Can’t say enough good things about the people there and the installers, hoping to get more neighbors in Cape Coral to get battery systems so we’re ready for the next storm.
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Michael P, 4 days ago
We worked with Affordable getting Tesla Powerwalls on two of our properties. Can’t say enough good things about the people there and the installers, hoping to get more neighbors in Cape Coral to get battery systems so we’re ready for the next storm.
4.92 143 Reviews
Edson, 4 days ago
Very helpful, got me information needed for my current house & another house that I had solar on with another company.
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Edson, 4 days ago
Very helpful, got me information needed for my current house & another house that I had solar on with another company.
4.91 163 Reviews
Brenda , over 1 month
So far very pleased with the system and with the sales and support people
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Brenda , over 1 month
So far very pleased with the system and with the sales and support people
4.87 262 Reviews
RAM, over 1 month
The Solar Source team who installed our system did an excellent job They walked us through how the system worked I highly recommend this company!
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RAM, over 1 month
The Solar Source team who installed our system did an excellent job They walked us through how the system worked I highly recommend this company!
4.81 577 Reviews
K Cresswell, 1 day ago
We recently had a solar system installed, and the experience was exceptional from start to finish, thanks in large part to our Energy Advisor, Jeff Nachman. Jeff’s extensive knowledge and expertise as a project manager made the entire process seamless and stress-free. From our first meeting, he took the time to understand our goals and provided a thorough education on solar options. He explained everything in clear terms, from the system components to the various federal, state, and county benefits, warranties, and expected outcomes. The contracts and paperwork he provided were detailed and easy to understand, covering every aspect from start to finish. The installation of both the panels and batteries was completed on schedule, with the crews working efficiently and leaving our property in great condition. The entire project passed inspections without a hitch. Jeff and his team also handled all the necessary paperwork, including filing for net metering with the electric company, applying for state energy rebates, county tax credits, and registering the system for SRECs. They took care of the complexities of these processes, ensuring that we were never overwhelmed, and kept us in the loop by sending everything over for our review and signatures. Whenever we had questions, Jeff was just a quick text away and consistently responded promptly. We’ve been able to track our system’s performance using online and mobile apps, and we’re incredibly pleased with the results and the service we received. This company, and Jeff in particular, made our transition to solar an easy and rewarding experience, and we highly recommend them to anyone considering solar power for their home.
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K Cresswell, 1 day ago
We recently had a solar system installed, and the experience was exceptional from start to finish, thanks in large part to our Energy Advisor, Jeff Nachman. Jeff’s extensive knowledge and expertise as a project manager made the entire process seamless and stress-free. From our first meeting, he took the time to understand our goals and provided a thorough education on solar options. He explained everything in clear terms, from the system components to the various federal, state, and county benefits, warranties, and expected outcomes. The contracts and paperwork he provided were detailed and easy to understand, covering every aspect from start to finish. The installation of both the panels and batteries was completed on schedule, with the crews working efficiently and leaving our property in great condition. The entire project passed inspections without a hitch. Jeff and his team also handled all the necessary paperwork, including filing for net metering with the electric company, applying for state energy rebates, county tax credits, and registering the system for SRECs. They took care of the complexities of these processes, ensuring that we were never overwhelmed, and kept us in the loop by sending everything over for our review and signatures. Whenever we had questions, Jeff was just a quick text away and consistently responded promptly. We’ve been able to track our system’s performance using online and mobile apps, and we’re incredibly pleased with the results and the service we received. This company, and Jeff in particular, made our transition to solar an easy and rewarding experience, and we highly recommend them to anyone considering solar power for their home.
4.81 372 Reviews
Jennifer, 1 day ago
Great job by the crew and project manager
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Jennifer, 1 day ago
Great job by the crew and project manager
4.80 545 Reviews
Kathy Dalton, 4 weeks ago
No issues at all with EHS. Great Job guys.
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Average cost (5kW system)
$17,000 ($3.40 per watt)
Kathy Dalton, 4 weeks ago
No issues at all with EHS. Great Job guys.
4.77 817 Reviews
Paul smith, 1 day ago
Luis outstanding salesmen very knowledgeable, Brittany. And the install team great job with system, Hugo great help with info and use of app.
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Paul smith, 1 day ago
Luis outstanding salesmen very knowledgeable, Brittany. And the install team great job with system, Hugo great help with info and use of app.
4.75 158 Reviews
Deborah Bradley, over 1 month
We engaged Solar Ray in 2021 to install our panels in our new home. I have found the product to be excellent and the support- when you get the right people - to go beyond expectations. This week we had Solar Ray come out for a tune up and maintenance check. We had the panels professionally cleaned after 3 years and then noticed a spike in output being made. We have never paid more than the minimum to Duke, so the panels were sized correctly and accommodate the pool
Read more
Average cost (5kW system)
$12,500 ($2.50 per watt)
Deborah Bradley, over 1 month
We engaged Solar Ray in 2021 to install our panels in our new home. I have found the product to be excellent and the support- when you get the right people - to go beyond expectations. This week we had Solar Ray come out for a tune up and maintenance check. We had the panels professionally cleaned after 3 years and then noticed a spike in output being made. We have never paid more than the minimum to Duke, so the panels were sized correctly and accommodate the pool
Where there is no specific pricing information available for a brand then we have used state pricing data for that brand.
Solar panel manufacturer | Avg. cost per watt |
---|---|
Canadian Solar | $2.49 |
LONGi Solar | $2.43 |
LG Solar | $2.83 |
Panasonic | $2.86 |
SunPower | $2.94 |
The most important difference between buying solar panels and any other purchase is that solar panels last 25-30 years. This is a long, long time and you will need customer service over all that time. The reviews below of the two largest corporate solar installation companies indicate larger corporate solar companies are not delivering this support to their customers.
We recommend you find a small or mid-size, local, family-owned solar company. These companies tend to care more about you and your specific job. You don't want to be on hold to a corporation's call center for the next 25 years!
The cost of solar doesn't just include the equipment and installation costs - it’s also made up of permitting costs, inspection costs, and installer profit margins.
These different components are what make the price of solar fluctuate between installations. Some of the factors that affect solar power system installation costs for specific homes include:
Homes that use more electricity will need more solar panels to cover their energy needs.
Although solar panels do get cheaper on a per-watt basis, the overall cost of the system will increase as more panels are added.
But, the higher a home’s energy usage, the more solar panels can save the homeowners on their energy bills.
The price of solar panels can vary depending on the type of solar panels you choose.
There are two main types of solar panels for residential solar installations: monocrystalline and polycrystalline. Monocrystalline solar panels tend to be more efficient and more expensive than other solar panels. Polycrystalline panels have a lower efficiency rating and come at a lower price point.
The type of inverter you buy will also influence the cost of your solar system.
You may see some solar quotes with prices that seem too good to be true.
If you get quoted for a ridiculously cheap price, the installer might be using low-quality equipment or an unsustainable pricing model. You want to use a solar installer that is charging enough so that they can stay in business - as you’ll be relying on them for the next 25 years!
It’s important to make sure that your installer is giving you the best quality at the best price possible. This is why getting multiple solar quotes is so important.
The overall cost of solar can be influenced by the solar incentives available.
Across the U.S., homeowners can apply for the federal solar tax credit. The solar tax credit makes installing solar more cost-effective by providing homeowners with a tax credit equal to 30% of the cost of their installed solar panel system.
Local solar tax incentives and rebates can end up saving homeowners thousands on a solar installation, especially when they’re used with the federal solar tax credit.
See what solar incentives are available in your area by using our solar panel calculator.
The cost of installing residential solar panels in Boca Raton varies with the brand of solar panels and inverters you choose, the installation company you choose to install them, the relative ease or difficulty of installing solar panels on your home, and of course the amount of solar panels you need. The amount of solar panels you need is, in turn, related to your energy usage.
The table below shows the data extracted from a real life quote delivered through the SolarReviews marketplace recently for a fairly typical home in Boca Raton.
As you can see the payback period is relatively short and equates to a much better return on investment than he historical returns that have been available from investing in things like shares or property.
System information | Value |
---|---|
System Size (for 100% usage offset) | 10.37 kW |
Annual power generation | 15,558 kWh |
Pay-back time (assuming Cash purchase) | 9.1 Years |
Internal rate of return (IRR) on investment | 6.7% |
Gross cost | $27,055 |
Total Upfront Incentives and Rebates | -$7,035 |
Net Cost of System after rebated and incentives | $20,021 |
Total Cost of Utility Power Avoided over 25 years | $61,734 |