Solar Panel Savings in Florida
Florida gets 5.5 peak sun hours per day with electricity at 14.5¢/kWh. See how much you can save with solar panels.
Solar Panel Cost & Savings by System Size in Florida
| System Size | Gross Cost | After Credits | Payback | 25-Year Savings | Annual kWh |
|---|---|---|---|---|---|
| 6 kW | $15,300 | $10,710 | 5.3 yrs | $54,984 | 12,045 |
| 8 kW | $20,400 | $14,280 | 6.8 yrs | $55,722 | 16,060 |
| 10 kW | $25,500 | $17,850 | 8.3 yrs | $52,152 | 20,075 |
| 12 kW | $30,600 | $21,420 | 9.8 yrs | $48,582 | 24,090 |
Includes 30% federal ITC + 0% Florida state credit. Assumes 3% annual electricity rate increase and 0.5% panel degradation.
Florida Solar Incentives
Florida Energy Profile
Get Your Personalized Florida Solar Estimate
Enter your exact electric bill and system details for a custom ROI projection.
Open Solar ROI Calculator →Compare Solar Savings in Similar States
Is Solar Worth It in Florida?
Florida averages 5.5 peak sun hours per day, which means an 8 kW solar system would produce approximately 16,060 kWh per year. At the state's average electricity rate of 14.5¢/kWh, that translates to significant annual savings on your electric bill.
With the federal 30% Investment Tax Credit and Florida's 0% state incentive, an 8 kW system costing $20,400 drops to just $14,280 after credits — with a payback period of approximately 6.8 years.
Over 25 years, homeowners in Florida can expect to save $55,722 with an 8 kW system, factoring in panel degradation and rising electricity costs. The combination of excellent sun exposure and federal incentives makes solar a very strong investment in Florida.