Cost of solar in Tampa, FL

Electricity Consumption in Tampa

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 Tampa, Florida

Tampa Electric Co pays its customers 1 for 1 with their retail power price for each kWh exported to the grid under net metering. When more power is sent to the grid in a given month than drawn credit is applied to future bills at the same retail rate. At the end of the yearly billing cycle remaining credit is deposited into your account at the avoided cost rate. Great sunshine in Tampa allows for greater net metering returns compared to other states.

There is also the 30% federal solar tax credit, when you do your taxes 30% of the whole system cost is instantly covered. With current incentives solar is a must have home investment and with many of these incentives set to expire or reduce the time to act is now. A free estimate by entering your zip code below can never hurt!

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 Tampa, 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 Tampa, 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 8.08kW solar system in Tampa, FL

This system would offset 100% of your energy usage if your typical monthly bill is $133, however your situation may vary so try our solar calculator to get a result tailored to you.

$17,421

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

9 Years

Average payback time

11,204
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 8.08kW system

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

$45,807

(Prices shown after repayments of capital)

 


 

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

48

 


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.