The Cost of Solar Panels in Florida [Updated Spring 2023]
What better place to harness the power of the sun than in The Sunshine State of Florida? With more than 300+ sunny days per year, solar panels are a great energy alternative in Florida. But how much does it cost to install solar panels in Florida? The best way to see how much solar panels cost for your situation is to get a customized solar estimate from Florida solar experts.
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How Much Do Solar Panels Cost In Florida?
On average, the cost of solar power in Florida is $2.50 per Watt. A complete residential solar system installation can cost between $10,480 to $13,720, with the average gross price for solar in Florida coming in at $11,801 in 2023. Fortunately, you can save thousands on your solar investment with Florida solar incentives.
Average solar panel cost by system size in Florida
How Much Can You Save With Solar?
The numbers in the chart above are a good guide to getting an idea of the costs involved. However, the cost of solar panels can vary depending on a number of factors, such as the size of your home or business and the type of panels you choose.
There are a number of factors that will impact the cost of installing solar panels in your state, including local regulations and utility rates. Some cities or counties in Florida may offer discounts or grants to help offset the initial cost of installing a solar system, which can help to make this investment more affordable for homeowners.
If you're considering installing solar panels on your home or business in Florida, it is important to do your research and consult with a Florida solar company who can help guide you through the process and answer any questions that you have about the cost and benefits of going solar.
Florida Solar Incentives, Rebates, and Discounts in 2023
If you are curious about using installing solar panels on your home or business, the best thing you can do is to find out which Florida solar incentives, rebates, and discounts are available to you. There are also different purchasing options to be aware of that can reduce or even eliminate solar panel installation costs. This is one way residents are getting free solar panels installed in Florida.
Some of the top Florida solar incentives to look for are the Green Energy Tax Credit (also know as The Federal Solar Tax Credit), Property tax exemption, solar leases, and no cost solar programs in Florida. Depending on where you live and your solar needs, you could qualify for thousands of dollars in savings when you install solar panels in Florida.
Read the complete guide to Florida Solar Incentives, Discounts, & Tax Credits.
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Return of Investment (ROI) on Solar Panels
In Florida, solar panels usually pay for themselves in about 10-12 years on average. This means that the money you save from your solar panels will be more than the solar panel costs. This "payoff period" is much quicker in Florida because of the amount sunshine Florida has, all year round. In fact, Florida has over 300+ sunny days per year. That's a whole lot of sun to power homes and businesses.
But how quickly your solar panels pay for themselves depends on a few factors; How much you pay for your solar power system, how you take advantage of the excess energy your solar panels generate, and where you install your solar panels. But the number of Florida solar incentives you take advantage of is the #1 way to increase your rate of return and save more money with solar power.
Are Solar Panels Worth It In Florida?
Solar power generates more than 5% of all the electricity in Florida. Which is almost double the nation's average according to solar energy industries association. For most situations, solar panels are a great investment in Florida, simply because the amount of sun that can be uses to power your home or business. After all, what better place to harness the power of the sun, other than The Sunshine State.
Key Takeaways
- Florida has over 300+ sunny days per year making it a great location for solar power.
- Solar energy systems in Florida average between $10,000-$13,000, without local solar incentives.
- Solar panels can pay for themselves in less than 10 years if properly installed and managed.
- You can save thousands on your solar investment with the right solar incentives.
- A customized solar estimate for your home or business is FREE with EcoGen America. Start here.
Get started with your free solar savings quote!
A complete solar panel system in Florida can cost between $10,480 to $13,720, with the average gross price for solar in Florida coming in at $11,801 in 2023. Read more.
A complete solar panel system in Florida can cost between $9,000-$12,000, depending on you solar system needs. There are ways to get your solar panels installed for free with some Florida solar programs. Read more.
