Solar Savings Calculator for Miami, FL
Homeowners in Miami pay an average of $180/month for electricity through Florida Power & Light (FPL). With 5.6 peak sun hours per day, solar panels can significantly reduce your energy costs.
Calculate Your Savings in Miami
Adjust Your Details for Miami, FL
Your Estimated Solar Savings
* Estimates based on 5.6 peak sun hours/day in Miami, FL, system cost of $2.65/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.
Local Solar Details for Miami
Utility & Permits
- Utility Company
- Florida Power & Light (FPL)
- Permit Cost
- $400
- Permit Timeline
- 3-5 weeks
- Net Metering
- full
System Estimates
- Recommended Size
- 6.8 kW
- Panel Count
- 17 panels
- Gross Cost
- $18,020
- Net Cost (after credits)
- $12,614
Available Incentives for Miami, FL
Federal Solar Investment Tax Credit (ITC)
Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
Florida Solar Property Tax Exemption
Residential solar installations are fully exempt from property tax increases.
Florida Solar Sales Tax Exemption
Solar energy equipment is exempt from Florida's 6% sales tax.
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