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Miami Solar Panels: 2024 Cost and Local Incentives

Edited by Jamie Cesanek

Last updated 07/28/2023

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Key Points

  • Abundant sunshine makes Miami an ideal location to go solar.
  • The average 9-kilowatt home solar system in Miami costs about $28,890.
  • Federal and local incentives can reduce the solar installation cost in Miami.

Ready to go solar? Call 877-307-7668 to be connected with a solar expert today!

Solar power FAQs

  • The average cost for solar panels in Miami, Florida, is about $3.21 per watt. Using Florida’s average solar array size of 9 kW, you could expect to pay about $20,223 after subtracting the 30% federal tax credit.

  • Yes, because solar investment can provide significant long-term savings. With an estimated payback period of 10 years, you can look forward to more than a decade of free solar energy production. Miami also offers alternative options such as leasing or community solar to access solar energy if you can’t purchase solar panels outright.

  • The SaveOnEnergy marketplace is a useful tool to help you sort through Miami’s long list of solar companies. You can review quotes for your project and get advice from a solar power expert about your home’s needs. The marketplace also has information about each company’s services, including whether they provide battery installations.

  • While Miami does not provide direct payments to homeowners or businesses for installing solar panels, it does offer net metering benefits as an incentive to promote solar energy adoption. Under net metering, customers with solar panel systems in Miami receive credits for any surplus energy they generate and send back into the grid. These credits can offset future electricity bills and effectively reduce overall costs. In addition, Miami residents can lower the cost of solar investment with the help of the federal tax credit and state property and sales tax exemptions.

  • Solar panels are designed to endure various weather conditions, including hurricanes. High-quality solar panels are built to be durable and often come with warranties that cover storm damage. It is critical to have your solar system professionally installed and seek guidance from your installer regarding any specific concerns related to severe weather.

  • Solar power is a renewable energy source that doesn’t emit carbon dioxide into the atmosphere. Green energy sources like solar help the environment by reducing CO2 levels in the air. Lower CO2 levels help slow down climate change and combat pollution. Going solar is an effective way to support the transition to low-carbon energy sources and reduce your carbon footprint.

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