Solar Panels Cost $0k-$0k in Hamilton County, FL | November, 2024
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How much do solar panels cost in Hamilton County, FL in 2024?
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In Hamilton County, FL in November, 2024, the average price per watt for solar is estimated at $0/W
Applying the price, you are able to come to the conclusion that for every 1000 watts (1 kW) your solar system can generate, you will have to spend, on average, $0 to have it installed. In Hamilton County, the cost of a 5 kW solar installation is generally $0, after a 30% federal tax credit. To fulfill your energy needs, you may need a larger system.
By selecting your county on the left, you can find the average roof size and the average maximum capacity for residential solar panel systems in your area. Find below a detailed summary of the {price|costs, payback period, and 20-year average savings for a 5 kW system installed in your county.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Hamilton County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Hamilton County: 0 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Hamilton County: $39,264US Average: $16,169
Solar Potential in Hamilton County
Estimated system size and solar electricity production per median viable roof in Hamilton County.
Roof size 1,126sq. ft.
Capacity 15.75kW DC
Electricity 20.8kkWh AC per yr.
Electricity Costs in Hamilton County, FL & What that Means for Your Solar Panel Pricing
Energy consumers in Hamilton County generally use 1,032 kWh per month, with an average monthly bill of 163.60. Small residences, including duplexes and condos, are also encompassed in the numbers mentioned in the previous sentence.
As of November 2024, the average rate for electricity per kWh in Hamilton County, FL amounts to 15.85¢.
At first, an 8 kW solar installation will cost you $0, but after a 30% tax credit, the final price is $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Hamilton County
Presented on the left and below is the price breakdown for various sizes of the solar panel systems installed in Hamilton County. The investment for a larger solar panel setup is greater, but it also provides greater electricity savings and higher income tax credits.
The solar panel cost calculator below and to the right analyzes costs and benefits, using an average $163.60 electric bill in Hamilton County To get customized results, simply adjust the $163.60to match your typical electricity bill amount.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,073 a year
Est. Price
$0
Savings from a 4kWthis system
Est. yearly production 6,709 kWh
Est. monthly savings $89
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 0.4 tons a year
Equivalent to planting 19 trees a year
Equivalent to driving 997 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,342 a year
Est. Price
$0
Savings from a 5kWthis system
Est. yearly production 8,386 kWh
Est. monthly savings $112
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 0.5 tons a year
Equivalent to planting 23 trees a year
Equivalent to driving 1,247 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,610 a year
Est. Price
$0
Savings from a 6kWthis system
Est. yearly production 10,064 kWh
Est. monthly savings $134
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 0.6 tons a year
Equivalent to planting 28 trees a year
Equivalent to driving 1,496 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,879 a year
Est. Price
$0
Savings from a 7kWthis system
Est. yearly production 11,741 kWh
Est. monthly savings $157
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 0.71 tons a year
Equivalent to planting 32 trees a year
Equivalent to driving 1,745 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $2,147 a year
Est. Price
$0
Savings from a 8kWthis system
Est. yearly production 13,418 kWh
Est. monthly savings $164
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 0.74 tons a year
Equivalent to planting 34 trees a year
Equivalent to driving 1,828 mi less a year
Hamilton County Solar Panel Installation Incentives & Rebates | 2024
For rural farms and small businesses, the REAP Grant might currently cover between 80% and 100% of the expenses for installing photovoltaic or wind energy systems. If you think you might qualify, we suggest trying our REAP Grant eligibility tool to confirm.
Nearly all residents are eligible for the 30% federal income tax credit for residential solar, making it a practical option in numerous states across the country. Furthermore, many regional and state programs are set up to get more people to adopt solar power.
Different utilities and governmental organizations in Florida offer 28 solar rebate and incentive programs.
Solar incentives in FLIncentive Description Value
Beaches Energy Services - Residential Energy Efficiency Rebate Program
Value:Up to $300
Residential Beaches Energy Services customers undertaking energy efficiency improvements may be entitled to rebates. Available incentive programs and eligible projects will vary from time to time. Current programs target insulation/weatherization, windows, and HVAC systems and components with efficiency certifications. Customers may apply online within 60 days of project installation. However, they must submit the rebate paperwork before the project is completed. Once an application is approved, BES will either pay the rebate directly or apply it as a bill credit. Information on current programs is available from the BES website.
Fort Pierce Utilities Authority - Residential Energy Efficiency Rebate Program
Value:Up to $50
Residential Fort Pierce Utilities Authority customers undertaking energy efficiency improvements may be entitled to rebates. Available incentive programs and eligible projects will vary from time to time. Current programs cover insulation/weatherization, local and central HVAC, and new ENERGY STAR certified appliances. The application process for each program involves a simple form with proof of purchase attached. Once approved, FPUA will apply the rebate amount to the customer's monthly bills. Information on current programs is available from the FPUA website.
Clay Electric Cooperative, Inc - Energy Smart Energy Efficiency Rebate Program
Value:Up to $600
Residential Clay Electric Cooperative members undertaking energy efficiency improvements may be entitled to rebates. Available incentive programs and eligible projects will vary from time to time. Current programs include windows/screens, insulation/weatherization up to R-19, heat pumps, and solar water heating. Special financing may be available through CEC for these and other energy efficiency projects. Once an application is approved, CEC will apply the rebate amount as a monthly bill credit. Information on current programs is available from the CEC website.
Orlando Utilities Commission - Solar Programs
Value:Up to $900
Orlando residents may be entitled to a $900 one-time rebate on new solar water heating or HVAC systems (pool heaters are ineligible). Interested homeowners should purchase and install their new system through the same participating contractor, who will apply the rebate as a discount. However, applicants may also elect not to use a preferred contractor and apply to OUC for a direct rebate. Additional information is available from the OUC website.
City of Tallahassee Utilities - Solar Loans
Value:Up to $20,000
Tallahassee residents and commercial property owners may qualify for specialized loans to finance new solar PV, thermal, or HVAC projects. Other energy efficiency improvements may also qualify for special financing. The current APR is 5% on a maximum $20,000 principal. Applicants are required to undergo an energy audit to verify solar access. Once permits are approved and the promissory note is signed, installation can begin. Qualifying systems include those certified by the Florida Solar Energy Center. Solar water heaters may not qualify for financing if they will replace a natural gas system. Additional information is available from the Tallahassee city website.
Florida Keys Electric Cooperative - Residential Rebate Program
Value:Up to $500
Residential customers with the Florida Keys Electric Cooperative may be entitled to rebates on energy-efficient systems and components. Available programs will vary from time to time. Current rebate offers include HVAC, ductwork, insulation/weatherization, windows, roofing, and weather-stripping. Customers must apply for a rebate before purchasing the applicable product(s). The application process involves a property audit with an FKEC professional; only improvements the auditor recommends will be approved for incentives. There is no fee or required purchase commitment to have an audit done. Additional information is available from the FKEC website.
Clay Electric Cooperative, Inc - Solar Thermal Loans
Value:Up to $1,000
Residential and commercial Clay Electric Cooperative members may be eligible for special financing on energy-efficient thermal upgrades, including solar water and pool heating. Interest rates will vary but remain consistently low. Applicants should have been CEC members for more than one year. A $25 administrative processing fee should be attached to the application paperwork. Reviewers will consider credit and CEC bill payment history. Members are also required to undergo an energy audit to verify solar access. Additional information is available from the CEC website.
Clay Electric Cooperative, Inc - Solar Thermal Loans
Value:Up to $7,500
Residential and commercial Clay Electric Cooperative members may be eligible for special financing on energy-efficient thermal upgrades, including solar water and pool heating. Interest rates will vary but remain consistently low. Applicants should have been CEC members for more than one year. A $25 administrative processing fee should be attached to the application paperwork. Reviewers will consider credit and CEC bill payment history. Members are also required to undergo an energy audit to verify solar access. Additional information is available from the CEC website.
City of Tallahassee Utilities - Residential Energy Efficiency Rebate Program
Value:Varies
Tallahassee residents may be entitled to a financial incentive from the city upon making certain energy efficiency improvements. Available offers will vary from time to time; current programs cover HVAC, solar water heating, natural gas, home ENERGY STAR certification, and ENERGY STAR large appliances. Additional information and application forms are available from the Tallahassee website.
Ocala Utility Services - Solar Hot Water Heating Rebate Program
Value:Varies
Residential or commercial Lakeland Electric customers may be eligible for specialized energy efficiency loans to fund improvement projects. Loans are interest-free and may be in any amount from $500 to $5,000. Funding can be used to purchase and install solar panels, wind turbines, heat pumps, solar thermal systems, HVAC systems, windows, or insulation/weatherization. Processing fees apply at the beginning of the loan; they will appear as a charge on customer utility bills. Monthly payments after fees will be collected by LE's banking partners. Additional information is available through the LE website.
Solar Contractor Licensing
Value:Varies
Florida has offered dedicated solar contracting licenses in some form for the past several decades. Current licensing options allow a contractor to conduct a broad variety of solar work, including PV systems, water heating, pool heating, and HVAC on any property type. Despite the scope of Florida licensure, solar contractors may need to yield to roofing contractors for some panel installations. Applicants for licensure should have four years of practical and/or educational experience and at least one year of supervision experience. They must also pass an exam. Additional information is available through the FLASEIA website.
Orlando Utilities Commission - Residential Energy Efficiency Rebate Program
Value:Varies
Residential Orlando Utilities Commission customers undertaking energy efficiency improvements may be eligible for rebates. Available incentive programs and eligible projects will vary from time to time. Current programs cover windows and screens, insulation/weatherization, ductwork, and geothermal pumps. The application process involves a simple form with proof of purchase attached. Once approved, OUC will apply the rebate amount to the customer's bill. Information on current programs is available from the OUC website.
JEA - Clean Power Program
Value:Varies
The Jackson Energy Authority has previously agreed to renewable energy and anti-pollution goals in conjunction with the American Lung Association and Sierra Club. The first of these goals, set in 1999, required the Authority to generate 7.5% of its energy from renewable sources by 2015. Currently, the JEA grid can distribute 95 MW of renewably-sourced energy per year from area solar farms, biomass/biogas plants, and wind turbines.
JEA - Solar Incentive Program
Value:Varies
Residential Jackson Energy Authority customers who purchase and install new solar water heaters may be eligible for a $400 incentive. Eligible projects include both new installation and retrofits. Only water heaters may earn rebates; pool heaters are not applicable. Incentives may be prorated if their total exceeds that of the combined purchase price and installation costs. Additional information is available from the JEA website.
City of Tallahassee Utilities - Solar Water Heating Rebate
Value:Varies
Tallahassee residents, builders, or landlords may be entitled to a $450 rebate on new or replacement solar water heaters (pool heaters are ineligible). During the application process, customers are required to undergo an energy audit with the city to verify solar access. Once permits are obtained, the customer may choose a participating solar contractor/plumber for installation. The rebate will be awarded upon the system passing its final city inspection. Certain technical requirements apply, including mandatory freeze protection. Additional information is available from the Tallahassee city website.
Clay Electric Cooperative, Inc - Energy Conservation Loans
Value:Varies
Residential and commercial Clay Electric Cooperative members may be eligible for special financing on various energy efficiency projects. The maximum available principal is $7,500 with varying interest rates and payment plans. The program is only applicable to residents of fourteen northern peninsular counties, including the cities of Gainesville, Lake City, Keystone Heights, and Salt Springs. Administrative and processing fees are $25. Additional information is available from the CEC website.
Clay Electric Cooperative, Inc - Energy Smart Solar Water Heater Rebate Program
Value:Varies
Residential Clay Electric Cooperative members may be entitled to rebates should they install a new active or passive solar water heater. Rebate amounts vary depending on capacity, but they top out at $600 for a 60,000 BTU system. Qualifying systems should satisfy state standards and be installed by a participating solar contractor. Additional information is available from the CEC website.
Beaches Energy Services - Solar Water Heating Rebate Program
Value:Varies
Residential Beaches Energy Services customers may be entitled to a $500 one-time rebate upon installation of a new solar water heater. A qualifying system must meet FSEC state standards, and its installation should be supervised by a state-licensed solar contractor. Within 60 days of the water heater's installation, customers may download an incentive application form from the BES website. Applications will be reviewed and rebates awarded within four to six weeks.
Florida Keys Electric Cooperative - Solar Loan Program
Value:Varies
Residential or commercial Lakeland Electric customers may be eligible for specialized energy efficiency loans to fund improvement projects. Loans are interest-free and may be in any amount from $500 to $5,000. Funding can be used to purchase and install solar panels, wind turbines, heat pumps, solar thermal systems, HVAC systems, windows, or insulation/weatherization. Processing fees apply at the beginning of the loan; they will appear as a charge on customer utility bills. Monthly payments after fees will be collected by LE's banking partners. Additional information is available through the LE website.
City of Tallahassee Utilities - Efficiency Loans
Value:Varies
Tallahassee residents and businesses making certain energy efficiency improvements or installing a new renewable generation system may be eligible for special financing through one of the city's lending partners. Current rates are 5% APR on a maximum principal of $10,000. If the applicant is installing only efficient roofing or a solar PV system, the maximum principal increases to $20,000. Additional information, financing partners, and application documents are available on the Tallahassee website.
Solar and Energy Loan Fund (SELF)
Value:Varies
Florida has operated the statewide Solar and Energy Loan Fund (SELF) since 2010. SELF operates as a nonprofit agency offering special financing to certain homeowners to make energy efficiency improvements. SELF loans can pay for new HVAC, roofing, insulation, windows/doors, and accessibility products. Loans may also be used to install new solar PV, water heating, or space heating systems. Interest rates may vary, but they will remain consistently low. The maximum principal is currently $50,000. Additional information is available from the SELF website.
Solar Equipment Certification
Value:Varies
The Florida Solar Energy Center, or FSEC, was established by an act of the state legislature in 1976. FSEC is responsible for establishing and updating state certification standards and codes for solar panels and related equipment used in the state. Any manufacturer may apply for FSEC certification. The Center will test product samples under both normal operation and extreme conditions. Periodic re-tests may be conducted to ensure continued compliance with amended standards. Additional information is available from the FSEC website.
Florida PACE programs
Value:Varies
Through the Florida PACE program, both residential and commercial property owners may utilize an "open marketplace" to acquire offers and financing on energy efficiency improvement projects. Effectively, PACE loans come from the state government. Payments are not collected by conventional means; rather, local assessors will service the loan by placing a non-accelerated lien (senior to mortgages) on the property. This means that should the owner sell or transfer their property, payments will become the responsibility of the new owner. PACE markets are only open in certain Florida counties, and each market operates under differing policies. For residential PACE applicants, certain safeguards including loss reserve funds and disclosures are in place per FHFA directives. Both Fannie Mae and Freddie Mac cannot acquire a mortgage with a PACE lien due to its seniority. Additional information is available through the Florida PACE website.
Energy Conservation in Public Buildings
Value:Varies
A 2007 law requires the Floridian government to adopt energy-efficient building and generation standards. Currently, the state must cut its greenhouse gas emissions by 40% by 2025. Any new construction should be designed to achieve an optimum ratio of LEED certification level to project cost. Where it is financially sustainable, new state buildings and public schools should seek to adopt at least a solar thermal system for water and space heating. Compliance is enforced through a group of specialized green building inspectors trained at local community colleges. Occasionally, the state may enter contracts with existing buildings to provide assistance with energy efficiency and other sustainable improvements.
City of Lauderhill - Revolving Loan Program
Value:Varies
Homeowners in Lauderhill who install new ENERGY STAR certified appliances, tankless water heaters, or solar PV/thermal systems may be eligible to finance their investment through a city program. The program offers individual loans ranging from $400 to $2,000 and repayment plans up to two years in length. Loans only cover costs included in a contractor bid; the homeowner is responsible for paying any other costs. For solar-related projects, the city will disburse 90% of the approved loan amount to the contractor prior to installation. The remaining 10% has its hold released upon completion and final inspection by the city. Additional information and application paperwork is available through the City of Lauderhill website.
Ocala Utility Services - Energy Efficiency Rebate Program
Value:Varies
Ocala residents and businesses undertaking energy efficiency improvements may be entitled to rebates from the city. Available incentive programs and eligible projects will vary from time to time. Current programs target insulation/weatherization, lighting, HVAC, home appliances, heat pumps, and solar water heating. Once an application form is approved, the city will apply the rebate amount as a monthly bill credit. Information on current programs is available from the city's Utility Services website.
Lakeland Electric - Residential Energy Efficiency Loan Program
Value:Varies
Residential or commercial Lakeland Electric customers may be eligible for specialized energy efficiency loans to fund improvement projects. Loans are interest-free and may be in any amount from $500 to $5,000. Funding can be used to purchase and install solar panels, wind turbines, heat pumps, solar thermal systems, HVAC systems, windows, or insulation/weatherization. Processing fees apply at the beginning of the loan; they will appear as a charge on customer utility bills. Monthly payments after fees will be collected by LE's banking partners. Additional information is available through the LE website.
Fort Pierce Utilities Authority - Solar Water Heating Rebate
Value:Varies
Residential Fort Pierce Utilities Authority customers who install a new solar water heater may be eligible for a $450 one-time rebate. Eligible projects include both new installations and retrofits; pool heaters do not qualify for incentives. Customers must use a participating contractor for installation work. Additional information is available through the FPUA website.
Are solar panels worth it in Hamilton County, FL?
Homeowners in Hamilton County who expect to live in their residence beyond the payback period of their solar system will find solar panels an clear choice. In Hamilton County, FL, the installation of a 5 kW solar system can save you an average of $39,264 over 20 years, with an average break even point of 0 years.
The cost of not having solar panels in Hamilton County, FL
Forgoing solar panels or an alternative backup energy source results in you'll miss out on the savings mentioned before and be fully dependent on your electric utility for power. Complete dependence on your utility company isn't always the best condition, as recent media examples have revealed.
On a yearly basis, the average number of outages per customer in Hamilton County has been 2.01. On average, each outage lasts for 180.19 minutes. Major events like planned maintenance, overloaded power grids or lightning strikes can considerably extend these durations.
View the info below to see the number of current electricity customers without power in Hamilton County.
Whether or not a backup battery is included, a solar panel system could reduce the impact of future power outages you might experience.
Power Outages
Currently, 0 customers are being tracked in Hamilton County.
What impacts the cost of solar panels in Hamilton County, FL?
Your Energy Needs - Despite the greater initial expense, the cost per watt declines when using larger solar panel systems. Many consumers realize it's a great idea to set up a solar system that can produce enough power to fully cover their electric bill, because it helps them save more money.
Make & Model - Just like other products, solar panels and mounting equipment are offered in a range of makes and models. The potential brand preferences of your installer mean that it is it is even more vital to choose a reputable company. Higher grade materials typically result in an better long-term experience for the buyer.
Solar Panel Type - Monocrystalline panels have become the industry standard, and it's not hard to see why. They come with a higher price but are better at generating energy. The majority of solar panel installers use panels made of this type of material.
Your Property - Each property and home has its own unique features. Trees, irregular terrain, or additional challenges may add to the difficulty of the installation. Using satellite imagery, solar installers can today assess your home and include these elements into the first cost estimate.
Labor Rates - Companies pay varying pay rates to their employees, which are then passed on to the prices consumers pay. Higher wages frequently lead to businesses getting better reviews for their services and customer service.
Permitting & Interconnection - Local permitting and utility interconnection fees, which change by area, will impact your installation cost. Reputable local installers will include these figures in your first estimates to ensure transparency.
See what solar panels cost in other Hamilton County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Hamilton County?
Expertise in consulting on advantageous financing for solar.
Hamilton County, FL Solar Panel Cost FAQs
As of November, 2024, the average cost for solar panels in Hamilton County, FL is $0/W. With the federal tax credit, the cost of a 5 kW solar panel system in Hamilton County, FL drops to roughly $0.
Right now, Florida has 28 rebates and incentives available through a variety of utility companies and government entities. Also, nearly everyone can take advantage of the 30% federal tax credit.
Although cash payments provide the greatest savings, several financing options for solar panels now exist that are also cost-effective. Financing options are often provided by installers and may be included in your initial quotes.
Yes, in Hamilton County, FL, 5 kW solar panel systems usually pay off in 0 years, providing an average electricity cost savings of $39,264 over a 20-year period.