How Much Does Solar Panels Cost In Florida

On a cost per watt w basis a solar panel installation in florida ranges in price from 2 25 to 3 05.

How much does solar panels cost in florida.

Solar energy systems have been exempt from florida s sales and use tax since july 1 1997. The average cost of installed residential solar power systems is currently 2 60 per watt. 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. Another calculation that potential solar buyers have to consider is the solar payback period.

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 panel cost in florida the average cost for an installed residential solar system in florida is currently 10 718 after claiming the 26 federal solar tax credit. The average cost of solar power in florida is 2 70 watt as of january the lowest cost in the entire country. This is 2 41 per watt.

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. As of september 2020 the average solar panel cost in florida is 2 65 w. This puts an average 6 kw solar system at 16 200 before claiming any incentives. 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. Solar power systems are very custom based on the home roof type shading and utility. Solar panel cost data florida 2020 updated.