Cost Of Installing Solar Panels In Florida

Installation of panels for the average 5kw system ranges from 11 100 22 400.

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

130 per month average bill 12 months 1 560. This is lower than the average price of residential solar power systems across the united states which is currently 2 60 per watt. The savings possible with solar in florida. What is the cost to install residential solar power in florida.

With average annual increases of 3 5 year 2 cost is 1 614 year 3 is 1 670. This puts an average 6 kw solar system at 16 200 before claiming any incentives. As of september 2020 the average solar panel cost in florida is 2 65 w. The average cost of solar power in florida is 2 70 watt as of january the lowest cost in the entire country.

Add up all 25 years cost and you get 60 762. Florida s average cost of a solar panel installation ranges from 11 262 to 15 238. On a cost per watt w basis a solar panel installation in florida ranges in price from 2 25 to 3 05. Below are cost estimates based on home size.

Here s how it works. The cost of solar panels to power your house are 4 to 10 per square foot.