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Best 5 Solar Companies in Cape Coral, FL

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Written By Max Peterson | Last Updated: February 05, 2024

Cape Coral homeowners are increasingly using solar panels to generate energy and heat their water. With all the options to choose from in this vibrant community, you might feel overwhelmed searching for a top-notch provider. Discover Cape Coral's best solar companies and learn crucial decision-making advice on this page.

Most Reputable
4.4
  • Offers high-efficiency panels and storage options
  • Provides unique in-house financing options
  • Recognized as one of the most reputable solar companies
Best Solar Panel Leasing
4.4
  • Provides system monitoring
  • Offers diverse financing options for various budgets
  • Provides EV and solar battery solutions
Best Solar Panel Installation
4.4
  • Offers 7 panel brand options
  • 25-year workmanship warranty
  • Offers battery options

Top Cape Coral Solar Companies

Hightower Industries LLC Logo

Hightower Industries

4.7/5
Based on 24 customer reviews.

Services Offered

Skilled Repairs Maintenance Consultation Commercial Panels Residential Panels

Highlights

  • Informative resources
  • Free quotes
  • Clear pricing policy
1527 Se 47th Terrace, Cape Coral, FL 941-667-0557 htifl.com
Waterfront Solar Systems Logo

Waterfront Solar Systems

4.7/5
Based on 51 customer reviews.

Services Offered

Off-Grid Solar Systems Consultation Commercial Panels Skilled Repairs Residential Panels Maintenance

Highlights

  • Reliable customer support
  • Clear pricing policy
  • Free quotes
1425 Viscaya Pkwy, Cape Coral, FL 239-695-7544 solar-capecoral.com
Custom Solar and Electric, LLC Logo

Custom Solar and Electric

4.7/5
Based on 19 customer reviews.

Services Offered

Financing Assistance Maintenance Permit Assistance Consultation Battery Storage Residential Panels

Highlights

  • Informative resources
  • Free quotes
  • Clear pricing policy
11000 Metro Pkwy Ste 43 Ste 43, Fort Myers, FL 239-994-6900 customsolarfl.com
Green Panda Energy Logo

Green Panda Energy

4.7/5
Based on 78 customer reviews.

Services Offered

Maintenance Residential Panels Solar Roof Assessment Solar Panel Upgrades

Highlights

  • Informative resources
  • Clear pricing policy
  • Free quotes
3119 Royal Gardens Ave, Fort Myers, FL 888-726-3298 greenpandaenergy.com

More Local Solar Companies

Tropical Solar

User Reviews: 4.5/5 

12557 New Brittany Blvd #3V-20
Fort Myers, FL 33907

Xando Energy

User Reviews: 4.5/5 

5925 Youngquist Rd
Fort Myers, FL 33912

Stilwell Solar

User Reviews: 4.6/5 

20778 Estero Ct
Estero, FL 33928

Florida Solar Design Group

User Reviews: 4.7/5 

12801 Commerce Lakes Dr Ste 12
Fort Myers, FL 33913

Green City Solar LLC

User Reviews: 4.3/5 

7900 Interstate Ct
North Fort Myers, FL 33917

Higher Power Solar | Rotonda West

User Reviews: 4.6/5 

18 Long Meadow Pl
Rotonda West, FL 33947

Paradise Coast Solar Co

User Reviews: 4.7/5 

774 12th Ave S
Naples, FL 34102

Mirasol Solar

User Reviews: 4.5/5 

5638 Jason Lee Pl
Sarasota, FL 34233

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

Ranking Methodology

Our team used the following criteria to assess the best Cape Coral solar companies.

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Facts about Cape Coral
Average Max Temp: 81°F
Solar Payback Period: 8.6 years
Average Daily Sunlight: 69%
Homes Powered by Solar: 9,853
Average Annual Energy Bill: $1,374
Solar Power per Capita Percentile: 48.0%

Expert Tips By

This Old House empowers homeowners with the knowledge and tools they need to tackle various projects and navigate the complexities of homeownership.

Benefits of Solar Energy

Solar energy provides multiple advantages that will enhance your home for years to come.

  • Better energy independence: Solar energy can keep your home powered through emergencies and blackouts, giving you additional security. You can use your solar energy anytime with optional battery storage.
  • Reduced carbon footprint: Embracing solar is a surefire way to minimize your carbon footprint and home fossil fuel dependency.
  • Lowered energy bills: You can dodge the added cost of grid-tied power by producing some electricity right where you use it.

What Solar Incentives Are Available to Cape Coral Homeowners?

Florida homeowners who decide on solar could qualify for tax credits, special financing, rebates and reimbursements. Here are just a few of the local incentive programs.

Incentive Type: Sales Tax Incentive

Incentive Amount:

All

Incentive Type: Property Tax Incentive

Incentive Amount:

Residential: 100% of the added value
Non-Residential: 80% of the added value

Incentive Type: PACE Financing

Website: floridapace.gov

Incentive Amount:

Determined locally

Incentive Type: Loan Program

Website: lakelandelectric.com

Incentive Amount:

$5,000

Incentive Type: Personal Tax Credit

Website: ecowatch.com

Incentive Amount:

30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.

How To Choose the Best Solar Company in Cape Coral

The more comprehensive your provider search is, the better your solar installation will ultimately operate. Consider all of these aspects in your service provider search.

Licensing and Training

Once an electrical professional in Florida has four years of field experience, including one year as an apprentice, they can pass two tests to earn a CV license with the Florida Construction Industry Licensing Board. The Sunshine State also allows electrical contractors to install solar panels, but they may need to subcontract some tasks to a licensed roofer. Check a company's website for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), one of the solar sector's most credible trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.

Cost of Solar Panels in Cape Coral

Different solar panel types look and perform differently. Monocrystalline panels cost more than other options, but they generate the most power. Polycrystalline panels produce less power, but start at a more budget-friendly price point. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.

If you need to charge an electric vehicle (EV) or use your solar power in dark weather, you can pay extra for add-ons. By choosing the right components, you can make your system more efficient and convenient to use. Not all solar contractors include these optional components, so look for a contractor that sells them if it's a priority for you.

If you're a resident of Cape Coral and are considering getting a five-kilowatt solar energy system, you could expect to pay about $16,050 for parts and installation. Find more information on specific component and panel costs in the table.

Solar Panel Cost Average Cost
Solar Monocrystalline $1,091
Solar Polycrystalline $851
Thin-Film $498
Solar Battery $698
Solar Home EV Charger $2,619

Financing Solar Energy in Cape Coral

Solar companies offer multiple different financing options to increase your savings and lower your costs. Though some providers offer unique payment plans, the most common are solar leases, power purchase agreements (PPAs), solar loans and cash payments. We advise paying with cash or using a solar loan for the highest return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also have full ownership of your system and can apply for solar incentives to reduce your total costs. Solar loans are another solid option if you don’t want to make a big initial investment. You can pay for your system in installments while still benefiting from energy bill savings and solar incentives. However, you’ll pay more in total due to accruing interest. Solar leases allow you to pay a monthly fee to rent your panels, while a PPA lets you pay a fluctuating rate based on only the energy you use. We generally don't recommend these options since you will not have ownership of your system and are disqualified from solar incentives, but they might be appropriate in specific circumstances. We recommend working with an installer that offers multiple financing options. Ask each representative about what's available, and acquire more than one estimate for the best odds of staying within your spending limits.

The table below lists the average payback periods for different capacities of solar systems in Cape Coral.

The IRS allows you to claim a 26% federal tax credit on total system costs, so long as you purchase it before 2032. Local governments and utilities might also offer their own rebates, incentives, and financing programs that could save you more money.

Solar System Capacity Estimated Payback period
1 kW 1.7 years
2 kW 3.5 years
5 kW 8.6 years
10 kW 17.3 years

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Frequently Asked Questions About Solar in Cape Coral

How much money could I save by going solar in Cape Coral?

On average, Cape Coral homeowners shell out around $1,374 per year for energy. Once you repay your solar array, you could reduce your costs by $1,076.71 for every kilowatt you produce.

Is solar energy readily available in Cape Coral?

Yes, solar energy is on the rise in Cape Coral. Some homes already benefit from solar power on-site or through utility grids, and they're backed by a state solar economy with 12202 jobs and counting.

Will a solar PV system increase my Cape Coral home worth?

Yes, a solar PV system will raise your property value. According to the National Renewable Energy Laboratory (NREL), for every dollar you reduce on energy bills, your home value increases by $20. So, if your panels save you $600 per year on energy costs, your property could appreciate $12,000.

What if I live in a heavily-wooded or gloomy

A solar system could still work well in cloudy conditions. Your technician will position your panels to capture the most sunlight possible. They might also recommend a backup battery to keep your system functioning at its best.

What can I do to predict my home's solar potential?

To determine your home's solar readiness, nothing substitutes for a comprehensive estimate from a local solar company. However, you can use the PVWatts tool for a simple solar viability estimate based on public data, including tree cover, system size, panel efficiency, and local weather and topography.

What care do my solar panels need, and how often do they need it?

Solar panels don't require much upkeep to keep working properly. All you'll need to do is inspect and clean the panels every six months or as necessary in dusty seasons. Solar installers frequently offer maintenance packages to assist in your system's care.

What's the difference between a PPA and traditional financing?

A power purchase agreement (PPA) is an agreement between you and your provider. They install, own, and maintain the panels, and you buy the generated electricity from them for 10–25 years. There will usually be options to buy out early to own your system and extend the agreement.

In contrast, solar loans can come from installer, specialty lenders, the government and local banks. You'll need to pass a credit check to qualify for most of them. While the upfront costs are higher, and you'll be responsible for upkeep, you'll also have full ownership rights and can apply for many more financial rewards.

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

Sources