Is It Worth Getting Solar Panels In Florida

Chris zuppa the penny hoarder.

Is it worth getting solar panels in florida.

It s equal to 30 percent of the cost of a pv solar system for systems in service by the end of 2019 with the credit decreasing through 2021. Large unshaded southern facing roofs are the most ideal for solar production. One of the biggest advantages of installing residential solar panels is a 30 federal tax credit on the total cost of a system. While that s a lot of money this is rarely the amount you ll actually pay after all incentives are factored in.

When trying to determine if solar panels are worth it for you consider the size direction pitch and the amount of shading your roof has. This puts an average 6 kw solar system at 16 200 before claiming any incentives. The average cost of solar power in florida is 2 70 watt as of january the lowest cost in the entire country. Technicians from solar source install solar panels on a house in dunedin florida.

Why it s so hard to get solar in florida that d be the. Altier told us that floridians who have solar panels on their homes can use energy from the sun during a grid failure if they purchase additional equipment to prevent volts of electricity from. Just living in florida for the next 25 years could cost you an estimated 60 762 for electricity. As of september 2020 the average solar panel cost in pinellas county fl is 2 56 w given a solar panel system size of 5 kilowatts kw an average solar installation in pinellas county fl ranges in cost from 10 880 to 14 720 with the average gross price for solar in pinellas county fl coming in at 12 800 after accounting for the 26 federal investment tax credit itc and other state.

But not all states allow for that. That money goes straight from your pocket to the utility company.