Is It Worth It To Get Solar Panels In Florida

The case for florida solar panels.

Is it worth it to get solar panels in florida.

On a cost per watt w basis a solar panel installation in florida ranges in price from 2 25 to 3 05. This new financial option makes right now an excellent time to add rooftop solar panels to your home. Despite the middling grade homeowners who install solar panels in florida can see decent returns with nearly 40 000 in net savings over time. Technicians from solar source install solar panels on a house in dunedin florida.

Chris zuppa the penny hoarder. To make solar panels affordable many rooftop solar users sell excess electricity back onto the grid. While that s a lot of money this is rarely the amount you ll actually pay after all incentives are factored in. Now let s talk about solar power in the state of florida.

And with the federal solar tax credit continuing to decrease in size next year 2020 is a great time to choose solar panels for your home. This puts an average 6 kw solar system at 16 200 before claiming any incentives. It s called the sunshine state for a reason solar energy is plentiful here. But not all states allow for that.

The average cost of solar power in florida is 2 70 watt as of january the lowest cost in the entire country. Another calculation that potential solar buyers have to consider is the solar payback period. We recently applauded florida for its decision to allow solar leases. Whether you choose to buy or lease your solar panels will have a major impact on your system s long term value.

That s not bad but it s not the best and we d like to see the state government do more to support people making the smart decision to add solar panels. Altier told us that floridians who have solar panels on their homes can use energy from the sun. Florida s average cost of a solar panel installation ranges from 11 262 to 15 238. A lease typically allows homeowners to add rooftop solar panels with zero upfront costs making it a possibility for many more people.

Why it s so hard to get solar in florida that d be the. We asked patrick altier owner of the florida based energy company solar trek to explain further. One of the biggest advantages of installing residential solar panels is a 30 federal tax credit on the total cost of a system.