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 for New Port Richey 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 New Port Richey 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 New Port Richey, 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 New Port Richey, 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 12.49kW solar system in New Port Richey, FL
This system would offset 100% of your energy usage if your typical monthly bill is $225, however your situation may vary so try our New Port Richey solar calculator to get a result tailored to you.
Net cost of system
Cash - after 26% solar tax credit
7 Years 3 Months
Average payback time
Annual power production
levilized cost of solar energy
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 12.49kW system
Life-time savings on this system over the next 25 years
(Prices shown after repayments of capital)
Solar companies in New Port Richey, FL that provide pricing through the Solar-Estimate marketplace
Average total cost of solar panel installation in Florida
|System Size||Cash purchase
After 26% solar tax credit
After 26% solar tax credit
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:
|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.