Cost of solar in Saint Petersburg, FL

Electricity Consumption in Saint Petersburg

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 Saint Petersburg, Florida

Under service by Florida Power and light customers here are eligible for net metering providing 1 for 1 credit with FPL's retail power price for excess solar generation sent to the grid. Solar production numbers in Saint Petersburg rival numbers seen in Arizona and guarantees net metering will be saving you some serious money. There is also the 30% federal solar tax credit covering 30% of the total installation cost. With utilities and some politicians fighting net metering the time to go solar is now!

Florida offers a statewide PACE program for the installation of solar panels. If your local government participates you can lease solar and pay for it through your property taxes at a much cheaper rate. What's great about PACE is that it completely removes responsibility for the solar system since if you move house the new owner pays continues paying for it because it is linked to the property. To receive the most savings it is still best to be a cash buyer. If cash is not an option for you perhaps a HELOC (Home Equity Line of Credit) secured against your house at home loan rates of around 4%. This way you can approach a solar company as a cash buyer and receive a much better price.

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 Saint Petersburg, 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 Saint Petersburg, 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 7.99kW solar system in Saint Petersburg, FL

This system would offset 100% of your energy usage if your typical monthly bill is $144, however your situation may vary so try our solar calculator to get a result tailored to you.

$17,282

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

8 Years 5 Months

Average payback time

11,076
kWh

Annual power production


/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 7.99kW system

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

$51,890

(Prices shown after repayments of capital)

 


 

Solar companies in Saint Petersburg, FL that provide pricing through the Solar-Estimate marketplace

45

 


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.