Cost & Savings Breakdown
Based on $150/month electric bill in Fort Lauderdale
System Size
6 kW
Annual Production
10,355 kWh
Gross System Cost
$16,829
Federal Tax Credit (30%)
-$5,049
State Incentive
-$1,000
Net Cost
$10,780
Monthly Savings
$122
CO₂ Offset/yr
9,526 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityFlorida Power & Light
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity Limit115% of annual consumption
Electricity Rate$0.141/kWh
Peak Sun Hours5.9 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$1,000
Florida State Incentive — Florida exempts solar equipment from sales and property tax.
Common Questions
How much does solar cost in Fort Lauderdale?
Solar in Fort Lauderdale, Florida costs approximately $16,829 for a 6 kW system. After the 30% federal tax credit, your net cost is about $10,780.
What is the solar payback period in Fort Lauderdale?
The estimated payback period for solar in Fort Lauderdale is 7.4 years, based on a $150/month electric bill and local sun hours of 5.9 hrs/day.
Does Florida Power & Light offer net metering?
Florida Power & Light offers Full Retail net metering. Full retail rate.