Home » The Cost of Solar Panels in Tampa, FL

The Cost of Solar Panels in Tampa, FL

The Cost of Solar Panels in Tampa Florida

Solar power is gaining popularity among homeowners in Tampa, Florida, as they discover the benefits of solar panels. With abundant sunshine throughout the year and progressive Florida Solar Incentives, solar energy is becoming more attractive.

How much do solar panels actually cost in Tampa? In this article, we'll explore the costs of going solar in Tampa and how you can maximize your savings through Florida's solar incentives.

Continue reading to learn about the expenses of going solar in Tampa, FL. Or enter your zip code for a personalized quote on solar panels in your area.

Enter your zip code to see the costs of solar near you!

Get My Free Quote!

Please enter a zip code

The Cost of Electricity in Tampa

Similar to most of the United States, the cost of electricity in Tampa, FL, is steadily increasing. On average, traditional electricity in Tampa ranges from $0.15 to $0.18 per kilowatt-hour (kWh). These rates reflect the expenses involved in generating electricity from conventional sources like coal and natural gas. Consequently, homeowners in the Tampa area often face monthly energy bills ranging from $150 to $200, emphasizing the financial burden of relying solely on traditional electricity sources.

To address rising costs and outdated technologies, many Tampa homeowners are now exploring alternative ways to power their homes. The demand for affordable and sustainable energy solutions has become more pressing, leading to a shift towards cleaner and more cost-effective options.

The Cost of Solar Energy in Tampa

Solar power is a cost-effective and attractive alternative to traditional electricity for Tampa residents. With an average cost ranging between $0.04 and $0.07 per kilowatt-hour (kWh), solar energy offers significant savings of 40% to 60% compared to conventional electricity. These savings are made possible by advancements in solar technology and increased market competition.

Tampa residents can also take advantage of progressive Florida solar incentives and financing options to make the transition to solar power more accessible. Programs like solar leases, power purchase agreements (PPAs), and solar loans provide opportunities for installing solar panels without upfront costs. Additionally, government incentives, grants, and tax credits further reduce the costs of solar energy in Tampa and shorten the Solar Payback Period to less than 10 years.

By embracing affordable costs, favorable financing options, and available incentives, homeowners in Tampa can smoothly transition to clean and sustainable energy sources while enjoying long-term savings on their electricity bills.

Enter your zip code to see which FL solar incentives you qualify for!

Do I Qualify?

Please enter a zip code

The Cost of Solar Panels in Tampa

The price of solar panels is a key factor for homeowners in Tampa considering a switch to solar energy. On average, a 5kW solar system in Tampa can range from $11,000 to $15,000, excluding any Florida solar incentives. The actual cost depends on various factors such as system size, panel type and brand, manufacturer, and installation company. It's important to note that prices can vary based on your location, and certain homeowners may need to obtain special permits to connect to the solar grid.

Get a customized solar quote here, to see exactly how much it costs to go solar near Tampa Bay!

Tampa Solar Incentives

Tampa, FL, with its significant population, is dedicated to adopting solar energy to lower electricity expenses for residents and promote sustainable power for homes and businesses. To encourage this transition, Tampa provides various "solar incentives" to its residents, including tax credits, exemptions, rebates, and flexible purchasing options, enabling homeowners and businesses to save on solar panel systems and contribute to a greener future.

One notable incentive is the Federal Solar Investment Tax Credit (ITC), also known as the Green Energy Tax Credit, which allows solar owners to claim a 30% tax credit on their system costs, resulting in substantial savings. Additionally, Florida offers state and local incentives, such as property tax exemptions, sales tax exemptions, and grants, for residents in Tampa to maximize their solar savings.

Another beneficial program is solar net energy metering, enabling solar system owners to receive credits for excess electricity they generate and send back to the grid. These credits can offset future electricity bills, reducing overall energy costs. Some utility companies or local organizations in Tampa may also offer solar rebate programs, providing financial incentives to lower the installation cost of solar panels.

It's important to note that solar incentives can vary, and new programs may emerge over time. Stay informed about the latest incentives by consulting with solar experts who can guide you through available options and help you make the most of your solar investment.

See the complete list of Florida Solar Incentives here!

Enter your zip code below to see which FL solar incentives you qualify for!

Do I Qualify?

Please enter a zip code

Getting Started with Solar in Tampa, FL

Are you considering the switch to solar energy in Florida at an affordable price? Are you looking for professional help to decide the size, brand choice, and best financing options for you and your home? Start here to get the best deal on solar installation in Florida.

Make the switch to solar and start saving!

Contact our team of local solar advisors and see how much you can save on your electricity bill.

  • You may be eligible for FREE Installation 
  • All quotes are 100% free with no obligation.

In Tampa, the average 5kW solar system costs between $11,000 - $15,000, before applying Florida solar incentives.

Want to see how much you could save with solar in Tampa, FL?

Use our Free Solar Savings Calculator to see your potential savings by switching to solar.