Solar Savings Calculator for St. Petersburg, FL

Homeowners in St. Petersburg pay an average of $170/month for electricity through Duke Energy Florida. With 5.6 peak sun hours per day, solar panels can significantly reduce your energy costs.

$170
Avg Monthly Bill
15.5¢/kWh
Electricity Rate
5.6h/day
Peak Sun Hours
$58,431
Est. 25-Year Savings

Calculate Your Savings in St. Petersburg

Adjust Your Details for St. Petersburg, FL

$
$50$1,000
50010,000
50¢

Your Estimated Solar Savings

System Size
6.8 kW
Panel Count
17 panels
Total System Cost
$18,020
Federal Tax Credit (30%)
-$5,406
Net Cost
$12,614
Annual Savings
$2,040
Payback Period
6.2 years
25-Year Savings
$58,431
Return on Investment
463%

* Estimates based on 5.6 peak sun hours/day in St. Petersburg, 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 St. Petersburg

Utility & Permits

Utility Company
Duke Energy Florida
Permit Cost
$350
Permit Timeline
2-4 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 St. Petersburg, 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.

30% of system cost

Florida Solar Property Tax Exemption

Residential solar installations are fully exempt from property tax increases.

100% property tax exemption

Florida Solar Sales Tax Exemption

Solar energy equipment is exempt from Florida's 6% sales tax.

No sales tax on solar equipment

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