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 for Saint Petersburg 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 Saint Petersburg 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 Saint Petersburg, 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 Saint Petersburg, 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 12.6kW solar system in Saint Petersburg, FL
This system would offset 100% of your energy usage if your typical monthly bill is $227, however your situation may vary so try our Saint Petersburg 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 12.6kW system
Life-time savings on this system over the next 25 years
(Prices shown after repayments of capital)
Solar companies in Saint Petersburg, 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.