Solar Power System Cost In Florida

Florida power services the solar power company is delighted to announce that pace financing is now available allowing property owners without big budgets to install solar systems.

Solar power system cost in florida. Solar panel cost in florida. The average cost of solar power in florida is 2 70 watt as of january the lowest cost in the entire country. Florida ranks ninth nationally in solar resource strength according to the national renewable energy laboratory and tenth in solar generation. With energy prices on the rise this may be the perfect time.

As of september 2020 the average solar panel cost in florida is 2 65 w 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 after accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net. If you ve always wanted to go solar but couldn t afford the upfront costs then pace financing in florida is the answer you ve been waiting for. Florida has low electricity costs compared with other states which makes individual solar investment less attractive. The average cost for an installed residential solar system in florida is currently 10 718 after claiming the 26 federal solar tax credit.

While that s a lot of money this is rarely the amount you ll actually pay after all incentives are factored in. Florida s average cost of a solar panel installation ranges from 11 262 to 15 238. Installing a solar panel system costs an average of 23 597 and dropping most homeowners pay between 16 532 and 30 820 expect to pay 2 50 to 3 50 per watt with most systems in the 3kw to 10kw range until the end of 2020 you can deduct 26 of the installation costs with the federal investment tax credit itc. Solar panel cost data 2020 updated.

Solar power in florida has been increasing as the cost of solar power systems using photovoltaics pv has decreased in recent years. On a cost per watt w basis a solar panel installation in florida ranges in price from 2 25 to 3 05.