Solar power in Pompano Beach, Florida
Serviced by FPL solar customers here can benefit from 1 for 1 net metering. The total amount of unused power sent to the grid is subtracted by how much power is used from the grid and the customer is billed or credited for the net amount this is called net metering. Considering the excellent solar production numbers in Florida net metering can make a lot of money. There is also the 30% federal solar tax credit so 30% of the system cost can be claimed as a tax deduction (this can be spread over many years).
With politicians and electric utilities trying to kill off solar the time to switch is now!
Florida also offers an excellent PACE program however, do note that not every locality offers it. This PACE program allows those interested in solar to effectively lease their solar system through their property taxes at a cheaper rate to a normal solar lease/PPA. PACE stays with the property so even if someone moves house the next owner will pay for the system through their property taxes. A big reason people don't go solar is that they don't know if they will move house or not, this program removes the feeling of being tied to your home from your solar system.
Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Pompano Beach 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 Pompano Beach 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 Pompano Beach, 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 Pompano Beach, 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 16.42kW solar system in Pompano Beach, FL
This system would offset 100% of your energy usage if your typical monthly bill is $242, however your situation may vary so try our Pompano Beach solar calculator to get a result tailored to you.
Net cost of system
Cash - after 26% solar tax credit
8 Years 7 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 16.42kW system
Life-time savings on this system over the next 25 years
(Prices shown after repayments of capital)
Solar companies in Pompano Beach, 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.