How Much Does Solar Panels Cost In Florida

Another calculation that potential solar buyers have to consider is the solar payback period.

How much does solar panels cost in florida.

September 10 2020 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. Solar power systems are very custom based on the home roof type shading and utility. Solar panel cost data florida 2020 updated. 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.

Installation of panels for the average 5kw system ranges from 11 100 22 400. The term solar energy system means the equipment and requisite hardware that provide and are used for collecting transferring converting storing or using incidental solar energy for water heating space heating and cooling or other applications that would otherwise. The average cost of installed residential solar power systems is currently 2 60 per watt. Florida s average cost of a solar panel installation ranges from 11 262 to 15 238.

Solar energy systems have been exempt from florida s sales and use tax since july 1 1997. 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. The average cost of solar power in florida is 2 70 watt as of january the lowest cost in the entire country.

On a cost per watt w basis a solar panel installation in florida ranges in price from 2 25 to 3 05. This is 2 41 per watt. This puts an average 6 kw solar system at 16 200 before claiming any incentives.