Cost of solar in New Port Richey, FL

Electricity Consumption in New Port Richey

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.

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Solar power in New Port Richey, Florida

With either Duke Energy Progress Withlacoochee Electric Coop you are eligible for a great net metering plan. Net metering credits surplus energy from your solar system sent to the grid at the retail value canceling the cost of the same amount of energy drawn from the grid at a later time. When in a billing month more energy is exported than imported credit is still given at retail value and can be applied 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 also be claimed as a reduction to your federal taxes. The federal solar tax credit can be used in parts over several years or all within the same year and has no cap on system price or size. Incentives available in New Port Richey make solar an obvious choice for a home investment. Even if you still aren't sure 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 to find out:

 

Estimate your solar savings

 

Solar power in Florida

The average cost of installing residential solar panels in New Port Richey, Florida in 2018 is $3.29 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in New Port Richey, FL is $16,450. (before claiming 30% tax credit and other rebates)

What does the cost of a real solar system look like?

Facts about installing a 8.39kW solar system in New Port Richey, FL

This system would offset 100% of your energy usage if your typical monthly bill is $138, however your situation may vary so try our solar calculator to get a result tailored to you.

$17,854

Net cost of system
Cash - after 30% solar tax credit

8 Years 11 Months

Average payback time

11,625
kWh

Annual power production


/kWh

levilized cost of solar energy

25¢
/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 8.39kW system

Life-time savings on this system over the next 25 years

$47,850

(Prices shown after repayments of capital)

 


 

Solar companies in New Port Richey, FL that provide pricing through the Solar-Estimate marketplace

37

 


Solar calculator and quote comparison tool

Average total cost of solar panel installation in Florida

System Size Cash purchase
After 30% solar tax credit
Financed purchase
After 30% solar tax credit
3kw $7,560 $8,165
4kw $9,772 $10,554
5kw $11,865 $12,814
6kw $13,818 $14,923
7kw $15,631 $16,881
8kw $17,248 $18,628
9kw $18,774 $20,276
10kw $20,160 $21,773

 

Design your own solar panel system for your home

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
Find your local rebates and incentives

Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.