How Much Does Solar Panels Cost In Florida
While that s a lot of money this is rarely the amount you ll actually pay after all incentives are factored in.
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 energy systems have been exempt from florida s sales and use tax since july 1 1997. On a cost per watt w basis a solar panel installation in florida ranges in price from 2 25 to 3 05. 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.
Another calculation that potential solar buyers have to consider is the solar payback period. The average cost of solar power in florida is 2 70 watt as of january the lowest cost in the entire country. 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.
Solar power systems are very custom based on the home roof type shading and utility. 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. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. Installation of panels for the average 5kw system ranges from 11 100 22 400.
Solar panel cost data florida 2020 updated. This puts an average 6 kw solar system at 16 200 before claiming any incentives. The average cost of installed residential solar power systems is currently 2 60 per watt.