Florida / Palmetto

Is solar worth it in Palmetto?

Florida Power & Light Co averages 13.7¢/kWh. With 5.6 peak sun hours a day, a typical 6.3 kW system makes ~10,364 kWh a year and saves about $1,420 in year one.

10.5years to pay off
Electric rate13.7¢per kWh
Peak sun5.6hrs/day
System6.3 kW≈$17,325
25-yr net$34,463after cost

No federal tax credit is included. The 30% homeowner credit (IRS §25D) ended for systems installed after Dec 31, 2025. What changed in 2026 →

How Palmetto compares

That is about the same as the Florida average of 10.3 years, mainly because Palmetto's rate is below the state average of 14.6¢/kWh. Your own payback depends on your bill: enter your ZIP and monthly bill above for your number.

Nearby cityRatePayback25-yr net
Bradenton13.7¢10.5 yrs$34,463
Sarasota13.7¢10.5 yrs$34,463
St. Petersburg16.6¢9.2 yrs$44,912
Gulfport16.6¢8.9 yrs$45,493
Pinellas Park16.6¢9.2 yrs$44,912
Seminole16.6¢9.2 yrs$44,912
Largo16.6¢9.2 yrs$44,912
Venice13.7¢10.5 yrs$34,463

Questions

How long does solar take to pay off in Palmetto, FL?

About 10.5 years for a typical 6.3 kW system at 13.7 cents/kWh, assuming $2.75/W installed, full net metering and 3% yearly rate increases, with no federal tax credit.

Is solar worth it in Palmetto?

Often, if you plan to stay long-term. Our estimate is $1,420 saved in year one and $34,463 net over 25 years after paying for the system.

How much does a solar system cost in Palmetto?

A 6.3 kW system sized for an average home (863 kWh/month) is about $17,325 before any local rebates, at $2.75 per watt. Real quotes vary by roof and installer.

Is there a federal solar tax credit in 2026?

Not for homeowners who buy their system. The 30% Residential Clean Energy Credit (IRS section 25D) does not apply to installations completed after December 31, 2025. State rebates, SRECs and utility incentives may still apply.

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