
The Sunshine State — #3 in Solar Potential
$1,400/yr
Avg. Annual Savings
5.5 peak hrs/day
Peak Sun Hours
6–8 years
Payback Period
$14,000–$22,000
Avg. System Cost
Overview
Florida is not called the "Sunshine State" for nothing — in fact, it ranks third among all U.S. states in terms of solar potential. More and more homeowners are realizing that and installing solar panels on their roofs.
And while solar energy systems have become more commercially viable than ever before, they're still not a cheap investment. Luckily, the worldwide drive for sustainability and cleaner energy has spurred many government and private entities to offer great solar incentives to Florida homeowners who are still on the fence.
Benefits
Florida homeowners save an average of $1,400/yr after going solar.
Deduct 30% of your total system cost from your federal income taxes.
Solar panels increase your home's resale value — and are excluded from property tax in most states.
Lock in your electricity rate and protect against rising utility costs for 25+ years.
Available Incentives
Sell your excess solar energy back to the grid and earn Renewable Energy Credits (RECs) that carry forward for 12 months at the retail rate of your power company.
Solar panels add value to your home but are excluded from your property tax assessment under Florida's residential renewable energy tax exclusion. Your property taxes won't go up.
Florida exempts solar energy systems from the state's 6% sales tax, saving you hundreds on the purchase of your panels and equipment.
The federal 30% ITC allows you to deduct 30% of your total solar system cost from your federal income taxes. Available to all Florida homeowners who purchase (cash or loan).
Common Questions
Get matched with top-rated local installers — free quotes, no obligation.