Cost Of Installing Solar Panels In Florida

Given a solar panel system size of 5 kilowatts kw an average solar installation in florida ranges in cost from 11 262 to 15 238 with the average gross price for solar in florida coming in at 13 250.

Cost of installing solar panels in florida.

Florida s average cost of a solar panel installation ranges from 11 262 to 15 238. What is the cost to install residential solar power in florida. This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per watt. As of sep 2020 the average cost of solar panels in florida is 2 41 per watt making a typical 6000 watt 6 kw solar system 10 718 after claiming the 26 federal solar tax credit now available.

However most installers estimate solar costs by the amount of energy needed at 2 53 to 3 15 per watt before any tax credits or incentives. After accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net price you ll pay for solar can fall by thousands of dollars. Add up all 25 years cost and you get 60 762. This puts an average 6 kw solar system at 16 200 before claiming any incentives.

By 2044 we project your annual electric cost to be 3 561. Below are cost estimates based on home size. As of september 2020 the average solar panel cost in florida is 2 65 w. The savings possible with solar in florida.

Here s how it works. The average cost of solar power in florida is 2 70 watt as of january the lowest cost in the entire country. The cost of solar panels to power your house are 4 to 10 per square foot. With average annual increases of 3 5 year 2 cost is 1 614 year 3 is 1 670.

Another calculation that potential solar buyers have to consider is the solar payback period. Installation of panels for the average 5kw system ranges from 11 100 22 400.