Cost of solar in Largo, FL
Electricity Consumption in Largo
Electricity Consumption by Florida residents averages 1081 kWh per month. It ranks #11 in the nation for savings from installing solar panels on the home.
Find local city information
Solar power in Largo, Florida
Duke energy progress offer net metering to their solar customers in Largo. Net metering allows excess solar generation to be sold to the grid at the retail power rate. Credit is carried over if more energy in a month is sent the grid than drawn and is still credited at the retail rate. Credit is applicable to future bills within the same 12 month billing cycle, remaining credit at the end of the 12 months is deposited into your account at the avoided cost rate.
30% of the total system cost can be claimed as a deduction to your federal taxes. The federal solar tax credit can be claimed in parts or all in the one year. There is no system size limit to this incentive. A great net metering policy and 30% of the costs already covered make solar an amazing home investment. Even if you're still not quite sure about solar it doesn't hurt to get a free estimate by entering your zip code below.
Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Largo to find out:
- How many solar panels you need to cover your power bill;
- How suitable your house is for solar;
- What incentives your house may be eligible for;
- The cost of solar panel installation in Largo and whether you are eligible for zero down solar deals; and
- Your likely payback period and return on investment from installing solar
Estimate your solar savings
The average cost of installing residential solar panels in Largo, Florida in 2020 is $2.65 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Largo, FL is $13,250. (before claiming 26% tax credit and other rebates)
What does the cost of a real solar system look like?
Facts about installing a 12.17kW solar system in Largo, FL
This system would offset 100% of your energy usage if your typical monthly bill is $218, however your situation may vary so try our Largo solar calculator to get a result tailored to you.
$22,064
Net cost of system
Cash - after 26% solar tax credit
7 Years 3 Months
Average payback time
16,769
kWh
Annual power production
5¢
/kWh
levilized cost of solar energy
28¢
/kWh
If you don't get solar
The forecast average utility price over the next 25 years
Cash flow graph based on cash purchase of this 12.17kW system
Life-time savings on this system over the next 25 years
$84,520
(Prices shown after repayments of capital)
Solar companies in Largo, FL that provide pricing through the Solar-Estimate marketplace
47
Average total cost of solar panel installation in Florida
| System Size | Cash purchase After 26% solar tax credit |
Financed purchase After 26% solar tax credit |
|---|---|---|
| 3kw | $6,216 | $6,713 |
| 4kw | $8,140 | $8,791 |
| 5kw | $9,990 | $10,789 |
| 6kw | $11,766 | $12,707 |
| 7kw | $13,468 | $14,545 |
| 8kw | $15,096 | $16,304 |
| 9kw | $16,650 | $17,982 |
| 10kw | $18,130 | $19,580 |
Going solar in Florida
Check out all of the ways energy providers of Florida can help you be more energy efficient and save money.
The following programs are available:
| Incentive Name | Eligibility | Type |
|---|---|---|
| Residential Renewable Energy Tax Credit | Federal | Personal Tax Credit |
| Solar and CHP Sales Tax Exemption | State | Sales Tax Incentive |
| Property Tax Abatement for Renewable Energy Property | State | Property Tax Incentive |
| PACE Loans | State | Loan Program |
| SELF Loans | State | Loan Program |
| Net Metering | State | Net Metering |
Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.