Solar Panels Cost 8.6k-17k in Chipley, FL | October, 2024

Solar Panels Cost $8.6k-$17k in Chipley, FL | October, 2024

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How much do solar panels cost in Chipley, FL in 2024?

To get solar installed in October, 2024 in Chipley, FL averages out to $3.1/W.

You should expect the price to be $3,100, on average, for every 1 kW (or 1000 watts) of solar energy your solar system will need to produce. In Chipley, you can expect to spend about $10,850 for a 5 kW solar panel install once the 30% federal income tax credit is factored in. However, please keep in mind that a higher capacity system might be needed to satisfy your energy needs.

On the left-hand side, pick your county to access information on the typical roof size and the average maximum capacity for residential solar on homes within your area. You can review the price, payback period, and 20-year average savings for a 5 kW system installed in your county below.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Chipley: $10,850US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Chipley: 6 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Chipley: $23,502US Average: $15,784

Solar Potential in Chipley

Estimated system size and solar electricity production per median viable roof in
Chipley.

Roof size 1,126sq. ft.
Capacity 15.75kW DC
Electricity 20.8kkWh AC per yr.

Electricity Costs in Chipley, FL & What that Means for Your Solar Panel Pricing

With an average consumption of 1,118 kWh per month, Chipley households pay about $162.51 for electricity. Small living spaces, such as condos and cottages, are also included in the data cited in the previous sentence.

Chipley, FL's electricity rate is on average 14.54¢ per kWh in October 2024.

To meet all of the energy needs of an average consumer in Chipley, a solar system of 8 kW or larger is required. At this time, an 8 kW solar panel system will cost you approximately $24,800, but the 30% federal income tax credit reduces the total to $17,360.

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Average solar panel costs by system size in Chipley

On the left side below, there is the pricing details for various sizes of the solar panel systems set up in Chipley. Naturally, with a larger solar system, you'll see a greater initial expense, but the rewards are higher electricity savings and more substantial income tax credits.

See a cost benefit analysis in the solar panel cost calculator below and to the right, for an average electric bill of $162.51 in Chipley. To get tailored results, simply adjust the $162.51to match your average electricity bill amount.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,006 a year
Est. Price
$8,680
Savings from a 4kWthis system
  • Est. yearly production 6,709 kWh
  • Est. monthly savings $84
  • Full payback in 4 years
Environmental Impacts
  • Reduces CO2 emissions by 2.12 tons a year
  • Equivalent to planting 97 trees a year
  • Equivalent to driving 5,247 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,258 a year
Est. Price
$10,850
Savings from a 5kWthis system
  • Est. yearly production 8,386 kWh
  • Est. monthly savings $105
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 2.65 tons a year
  • Equivalent to planting 122 trees a year
  • Equivalent to driving 6,559 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,510 a year
Est. Price
$13,020
Savings from a 6kWthis system
  • Est. yearly production 10,064 kWh
  • Est. monthly savings $126
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.18 tons a year
  • Equivalent to planting 146 trees a year
  • Equivalent to driving 7,871 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,761 a year
Est. Price
$15,190
Savings from a 7kWthis system
  • Est. yearly production 11,741 kWh
  • Est. monthly savings $147
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 3.71 tons a year
  • Equivalent to planting 170 trees a year
  • Equivalent to driving 9,183 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $2,013 a year
Est. Price
$17,360
Savings from a 8kWthis system
  • Est. yearly production 13,418 kWh
  • Est. monthly savings $163
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.12 tons a year
  • Equivalent to planting 189 trees a year
  • Equivalent to driving 10,199 mi less a year

Chipley Solar Panel Installation Incentives & Rebates | 2024

Eligible rural small businesses and farms might have their photovoltaic or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. If you believe you might qualify, we suggest trying our REAP Grant eligibility tool to verify.

For those considering residential solar options, a 30% federal income tax credit is broadly available, increasing the appeal and practicality of solar energy in many areas across the nation. Additionally, there are numerous state and local incentives to further promote the adoption of solar energy.

A total of 19 solar rebates and incentives are available in Florida through various utility companies and government departments.

Beaches Energy Services - Residential Energy Efficiency Rebate Program

Value:Up to $300

Residential Beaches Energy Services customers undertaking energy efficiency improvements may be entitled to rebates. Available incentive programs and eligible projects will vary from time to time. Current programs target insulation/weatherization, windows, and HVAC systems and components with efficiency certifications. Customers may apply online within 60 days of project installation. However, they must submit the rebate paperwork before the project is completed. Once an application is approved, BES will either pay the rebate directly or apply it as a bill credit. Information on current programs is available from the BES website.

Clay Electric Cooperative, Inc - Energy Smart Energy Efficiency Rebate Program

Value:Up to $600

Residential Clay Electric Cooperative members undertaking energy efficiency improvements may be entitled to rebates. Available incentive programs and eligible projects will vary from time to time. Current programs include windows/screens, insulation/weatherization up to R-19, heat pumps, and solar water heating. Special financing may be available through CEC for these and other energy efficiency projects. Once an application is approved, CEC will apply the rebate amount as a monthly bill credit. Information on current programs is available from the CEC website.

Florida Keys Electric Cooperative - Residential Rebate Program

Value:Up to $500

Residential customers with the Florida Keys Electric Cooperative may be entitled to rebates on energy-efficient systems and components. Available programs will vary from time to time. Current rebate offers include HVAC, ductwork, insulation/weatherization, windows, roofing, and weather-stripping. Customers must apply for a rebate before purchasing the applicable product(s). The application process involves a property audit with an FKEC professional; only improvements the auditor recommends will be approved for incentives. There is no fee or required purchase commitment to have an audit done. Additional information is available from the FKEC website.

Clay Electric Cooperative, Inc - Solar Thermal Loans

Value:Up to $1,000

Residential and commercial Clay Electric Cooperative members may be eligible for special financing on energy-efficient thermal upgrades, including solar water and pool heating. Interest rates will vary but remain consistently low. Applicants should have been CEC members for more than one year. A $25 administrative processing fee should be attached to the application paperwork. Reviewers will consider credit and CEC bill payment history. Members are also required to undergo an energy audit to verify solar access. Additional information is available from the CEC website.

Clay Electric Cooperative, Inc - Solar Thermal Loans

Value:Up to $7,500

Residential and commercial Clay Electric Cooperative members may be eligible for special financing on energy-efficient thermal upgrades, including solar water and pool heating. Interest rates will vary but remain consistently low. Applicants should have been CEC members for more than one year. A $25 administrative processing fee should be attached to the application paperwork. Reviewers will consider credit and CEC bill payment history. Members are also required to undergo an energy audit to verify solar access. Additional information is available from the CEC website.

Solar Contractor Licensing

Value:Varies

Florida has offered dedicated solar contracting licenses in some form for the past several decades. Current licensing options allow a contractor to conduct a broad variety of solar work, including PV systems, water heating, pool heating, and HVAC on any property type. Despite the scope of Florida licensure, solar contractors may need to yield to roofing contractors for some panel installations. Applicants for licensure should have four years of practical and/or educational experience and at least one year of supervision experience. They must also pass an exam. Additional information is available through the FLASEIA website.

JEA - Clean Power Program

Value:Varies

The Jackson Energy Authority has previously agreed to renewable energy and anti-pollution goals in conjunction with the American Lung Association and Sierra Club. The first of these goals, set in 1999, required the Authority to generate 7.5% of its energy from renewable sources by 2015. Currently, the JEA grid can distribute 95 MW of renewably-sourced energy per year from area solar farms, biomass/biogas plants, and wind turbines.

JEA - Solar Incentive Program

Value:Varies

Residential Jackson Energy Authority customers who purchase and install new solar water heaters may be eligible for a $400 incentive. Eligible projects include both new installation and retrofits. Only water heaters may earn rebates; pool heaters are not applicable. Incentives may be prorated if their total exceeds that of the combined purchase price and installation costs. Additional information is available from the JEA website.

Clay Electric Cooperative, Inc - Energy Conservation Loans

Value:Varies

Residential and commercial Clay Electric Cooperative members may be eligible for special financing on various energy efficiency projects. The maximum available principal is $7,500 with varying interest rates and payment plans. The program is only applicable to residents of fourteen northern peninsular counties, including the cities of Gainesville, Lake City, Keystone Heights, and Salt Springs. Administrative and processing fees are $25. Additional information is available from the CEC website.

Clay Electric Cooperative, Inc - Energy Smart Solar Water Heater Rebate Program

Value:Varies

Residential Clay Electric Cooperative members may be entitled to rebates should they install a new active or passive solar water heater. Rebate amounts vary depending on capacity, but they top out at $600 for a 60,000 BTU system. Qualifying systems should satisfy state standards and be installed by a participating solar contractor. Additional information is available from the CEC website.

Beaches Energy Services - Solar Water Heating Rebate Program

Value:Varies

Residential Beaches Energy Services customers may be entitled to a $500 one-time rebate upon installation of a new solar water heater. A qualifying system must meet FSEC state standards, and its installation should be supervised by a state-licensed solar contractor. Within 60 days of the water heater's installation, customers may download an incentive application form from the BES website. Applications will be reviewed and rebates awarded within four to six weeks.

Florida Keys Electric Cooperative - Solar Loan Program

Value:Varies

Residential or commercial Lakeland Electric customers may be eligible for specialized energy efficiency loans to fund improvement projects. Loans are interest-free and may be in any amount from $500 to $5,000. Funding can be used to purchase and install solar panels, wind turbines, heat pumps, solar thermal systems, HVAC systems, windows, or insulation/weatherization. Processing fees apply at the beginning of the loan; they will appear as a charge on customer utility bills. Monthly payments after fees will be collected by LE's banking partners. Additional information is available through the LE website.

Solar and Energy Loan Fund (SELF)

Value:Varies

Florida has operated the statewide Solar and Energy Loan Fund (SELF) since 2010. SELF operates as a nonprofit agency offering special financing to certain homeowners to make energy efficiency improvements. SELF loans can pay for new HVAC, roofing, insulation, windows/doors, and accessibility products. Loans may also be used to install new solar PV, water heating, or space heating systems. Interest rates may vary, but they will remain consistently low. The maximum principal is currently $50,000. Additional information is available from the SELF website.

Solar Equipment Certification

Value:Varies

The Florida Solar Energy Center, or FSEC, was established by an act of the state legislature in 1976. FSEC is responsible for establishing and updating state certification standards and codes for solar panels and related equipment used in the state. Any manufacturer may apply for FSEC certification. The Center will test product samples under both normal operation and extreme conditions. Periodic re-tests may be conducted to ensure continued compliance with amended standards. Additional information is available from the FSEC website.

Hillsborough County - Solar and Wind Standards

Value:Varies

Hillsborough County has its own "renewable energy codes" which property owners installing a new PV, solar thermal, or small wind system must meet. Below is a sampling of the most important regulations. For on-ground solar energy systems on farms or other lots of at least five acres, new systems may have a maximum height of 15 feet with all wiring located underground. They should be fenced in and "set back" at least 50 feet from all lot lines. For small wind energy systems, height limits of 45 feet in residential areas and 120 feet in other areas apply. The county requires turbine noise to be kept to a minimum and all precautions to be taken to protect birds and other wildlife. Regulations are not limited to the above. Additional information and guidelines are available from the county website.

Florida PACE programs

Value:Varies

Through the Florida PACE program, both residential and commercial property owners may utilize an "open marketplace" to acquire offers and financing on energy efficiency improvement projects. Effectively, PACE loans come from the state government. Payments are not collected by conventional means; rather, local assessors will service the loan by placing a non-accelerated lien (senior to mortgages) on the property. This means that should the owner sell or transfer their property, payments will become the responsibility of the new owner. PACE markets are only open in certain Florida counties, and each market operates under differing policies. For residential PACE applicants, certain safeguards including loss reserve funds and disclosures are in place per FHFA directives. Both Fannie Mae and Freddie Mac cannot acquire a mortgage with a PACE lien due to its seniority. Additional information is available through the Florida PACE website.

Broward County - Rooftop Solar System Permit Standard

Value:Varies

To promote the adoption and installation of solar systems, Broward County has adopted a solar rights ordinance. No association or municipality may enact a complete ban on rooftop solar panels. However, the county has established a set of "solar codes" for new renewable energy installations to follow. For example, solar panels cannot extend five feet higher than a flat roof or above the apex of a slanted roof. Solar permits in the county do not override reasonable regulations which may be set by HOAs or localities. Further, they may not be used by themselves to justify landscaping for solar access (i.e. tree removal or trimming.) Additional information is available from the county website.

Energy Conservation in Public Buildings

Value:Varies

A 2007 law requires the Floridian government to adopt energy-efficient building and generation standards. Currently, the state must cut its greenhouse gas emissions by 40% by 2025. Any new construction should be designed to achieve an optimum ratio of LEED certification level to project cost. Where it is financially sustainable, new state buildings and public schools should seek to adopt at least a solar thermal system for water and space heating. Compliance is enforced through a group of specialized green building inspectors trained at local community colleges. Occasionally, the state may enter contracts with existing buildings to provide assistance with energy efficiency and other sustainable improvements.

Broward County Online Solar Permitting

Value:Varies

Go SOLAR is the new online portal for solar equipment permits in Broward County. Any residential or small business property may use the system for their regulatory needs when installing a new PV system. Go SOLAR's design has allowed the county to condense solar permit applications to one common form. Applicants are limited to selecting from a finite list of "pre-authorized" designs and plans; while they may submit their own documentation for a custom design, they must do so in person. Additional information is available through the portal itself.

Are solar panels worth it in Florida?

For those looking to stay in their home past the solar system's payback period, solar panels are a good investment in Chipley. Installing a 5 kW solar system in Chipley, FL will, on average, save you $28,152.4 over 20 years, and you can expect to break even in about 6 years.

The cost of not having solar panels in Chipley, FL

Failing to install solar panels or an alternative backup energy means missing the savings mentioned earlier and being entirely reliant on your electric utility for electricity. The news has provided several examples highlighting that full reliance on your utility isn't always the best idea.

On average, customers in Chipley have encountered 0.55 utility outages per year in recent times. Outages typically last for an average of 48.07 minutes. Major occurrences like overloaded power grids, wildfires or planned maintenance can lead to a significant rise in these time frames.

A solar panel system with (or without) a backup battery could ease the strain of future outages you experience.

Power Outages

Currently, 0 customers are being tracked in Washington County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Chipley, FL?

Your Energy Needs - Even though larger solar panel systems are more expensive initially, the average price per watt lowers as the system size increases. Setting up a solar panel system that can fully offset the electric bill is advantageous to individuals because of the reduced long-term costs.

Make & Model - Solar panels, similar to many other products, are available in a variety of makes and models. The contractor’s preference for brand makes it crucial to choose a recommended company. Consumers who choose better equipment usually enjoy a better long-term experience.

Solar Panel Type - It's no surprise that monocrystalline panels are now the standard in the industry. These panels have a higher cost but yield more energy. Most installers in the industry utilize panels made from this material.

Your Property - Trees, uneven landscapes, or other barriers can increase the difficulty of the installation. Nowadays, solar installers typically leverage satellite images to evaluate your home and incorporate these considerations into the preliminary cost estimate.

Labor Rates - Companies pay different wages to their employees, and these expenses are inevitably borne by the consumers. It is commonly observed that companies with higher wages garner superior reviews for their services and customer service.

Permitting & Interconnection - The cost of installation will be affected by different local permitting and utility interconnection fees. Quality local installers will integrate these numbers into your first quotes to prevent any surprises.

See what solar panels cost in other FL cities

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Who are the best solar installers in Chipley?

Freedom Forever

Temecula, CA(800) 685-1850

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Auditing of energy requirements for independent energy generation.

Powur PBC

Del Mar, CA(866) 467-6987

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Solar Advantage

Odessa CDP, FL(813) 399-1231

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

ESA Solar Energy

Maitland, FL(407) 329-5480

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

Plug PV

Albany, NY(518) 948-5316

Services

  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Go Solar Power

Boca Raton, FL(800) 530-9597

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Sun4

Coral Gables, FL(786) 833-7864

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Installation of solar arrays.

Pure Energy

Gainesville, FL(352) 377-6527

Services

  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.

Solar Energy World

Elkridge CDP, MD(866) 856-4580

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.

Dividend Finance

San Francisco, CA(415) 805-7000

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

CES

Middletown, CT(860) 632-1682

Services

  • Consulting on all things solar related.
  • Auditing of energy requirements for independent energy generation.
  • Installation of solar arrays.

Palmetto Solar

Charleston, SC(855) 339-1831

Services

  • Expertise in consulting on advantageous financing for solar.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Entero Energy

Austin, TX(512) 551-0742

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Consulting on all things solar related.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.

Silver Sun Solar

Deltona, FL(340) 227-7785

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.

ConEdison Solutions

Valhalla CDP, NY(914) 286-7000

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Fluent Solar

Lindon, UT(866) 736-1253

Services

  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Sunnova Energy

Houston, TX(866) 786-6682

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

Sunrun

San Francisco, CA(833) 394-3384

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.

Sigora Solar

Charlottesville, VA(434) 465-6192

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

PE Solar

Tempe, AZ(480) 264-0690

Services

  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Advanced Roofing

Fort Lauderdale, FL(800) 638-6869

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Consulting on all things solar related.

LightEdison

Denver, CO(888) 966-6377

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Reparation of solar arrays.

Empire Solar Group

Salt Lake City, UT(800) 467-4562

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

Precision Renewables

Snyderville CDP, UT(435) 602-4120

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

A1A Solar Contracting

Jacksonville, FL(904) 468-7861

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Solar systems for selling electricity back to the grid.

Badass Energy

Claremont, CA(909) 320-9860

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Consulting on all things solar related.

FL Commercial Solar

Parkland, FL(954) 526-5030

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Chipley, FL Solar Panel Cost FAQs

  • In Chipley, FL, the mean cost per watt for solar panels as recorded in October, 2024 is $3.1/W. After the federal tax credit, the estimated cost for a 5 kW solar panel system in Chipley, FL is roughly $10,850.

  • As of now, there are 19 rebates and incentives offered by various utilities and government entities in Florida. Furthermore, the majority of people qualify for the 30% federal tax credit.

  • Paying in cash yields the highest savings, but there are multiple financing options available today for solar panels that are also cost-effective. Initial quotes from installers will frequently detail information about available financing options.

  • Yes, homeowners in Chipley, FL generally see a payback time of 6 years for 5 kW solar panel systems, with electricity savings averaging $28,152.4 over a 20-year period.
Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-10-01