Solar Panels Cost 8.3k-16k in Lady Lake, FL | November, 2024

Solar Panels Cost $8.3k-$16k in Lady Lake, FL | November, 2024

High Power Bills?

Reduce or replace your electricity bill with solar

How much do solar panels cost in Lady Lake, FL in 2024?

In Lady Lake, FL in the month of November, 2024 you will pay approximately $3/W to get a solar system.

In other words, solar panel installations will cost you about $3,000 per 1000 watts (1 kW) of generation capacity. When you subtract the 30% federal tax credit, you can expect to spend around $10,500 for a 5 kW solar panel install in Lady Lake. Please consider, a 5kW system may not be big enough to fully meet your energy needs.

Select your county from the menu on the left to find out the average roof size and maximum residential solar capacity for homes in your area. Outlined below are the price, 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.
Lady Lake: $10,500US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Lady Lake: 5 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Lady Lake: $23,976US Average: $16,169

Solar Potential in Lady Lake

Estimated system size and solar electricity production per median viable roof in
Lady Lake.

Roof size 1,090sq. ft.
Capacity 15.25kW DC
Electricity 20.6kkWh AC per yr.

Electricity Costs in Lady Lake, FL & What that Means for Your Solar Panel Pricing

In Lady Lake, the typical electric bill is $162.40 per month, with an average consumption of 1,015 kWh. These statistics also reflects the energy consumption patterns of smaller residences, such as apartments.

In November 2024, the electricity rate in Lady Lake, FL is 16¢ per kWh.

If you’re a typical electricity user in Lady Lake, you may require a solar panel system sized at 8 kW or larger to meet your electricity needs. Presently, an 8 kW solar panel system will initially set you back around $24,000, but the 30% tax credit lowers the cost to $16,800.

Go Solar for less than your cell phone bill.

Average solar panel costs by system size in Lady Lake

To your left, we have provided a detailed cost breakdown for the various solar panel system sizes installed in Lady Lake. While a bigger solar installation carries a higher price, it also offers increased electricity savings and larger income tax credits.

The calculator down and to the right gives a detailed summary of solar panel costs and benefits, based on an average electric bill of $162.40 in Lady Lake. If you desire tailored results, modify the $162.40 to your average electricity bill amount.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,073 a year
Est. Price
$8,400
Savings from a 4kWthis system
  • Est. yearly production 6,709 kWh
  • Est. monthly savings $89
  • Full payback in 4 years
Environmental Impacts
  • Reduces CO2 emissions by 2.26 tons a year
  • Equivalent to planting 104 trees a year
  • Equivalent to driving 5,588 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,342 a year
Est. Price
$10,500
Savings from a 5kWthis system
  • Est. yearly production 8,386 kWh
  • Est. monthly savings $112
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 2.82 tons a year
  • Equivalent to planting 130 trees a year
  • Equivalent to driving 6,986 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,610 a year
Est. Price
$12,600
Savings from a 6kWthis system
  • Est. yearly production 10,064 kWh
  • Est. monthly savings $134
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 3.39 tons a year
  • Equivalent to planting 156 trees a year
  • Equivalent to driving 8,383 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,879 a year
Est. Price
$14,700
Savings from a 7kWthis system
  • Est. yearly production 11,741 kWh
  • Est. monthly savings $157
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 3.95 tons a year
  • Equivalent to planting 181 trees a year
  • Equivalent to driving 9,780 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $2,147 a year
Est. Price
$16,800
Savings from a 8kWthis system
  • Est. yearly production 13,418 kWh
  • Est. monthly savings $162
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.09 tons a year
  • Equivalent to planting 188 trees a year
  • Equivalent to driving 10,121 mi less a year

Lady Lake Solar Panel Installation Incentives & Rebates | 2024

Rural farmers and small business owners could have between 80% and 100% of their solar or wind turbine installation expenses covered by the REAP Grant. Wondering if you fit this category? Verify your eligibility with our REAP Grant eligibility tool.

The 30% federal income tax credit for residential solar is accessible to nearly all homeowners, which makes solar energy a smart choice in numerous regions nationwide. On top of that, there are numerous state and local incentives to further encourage the adoption of solar energy.

Florida has 19 solar incentive and rebate initiatives available through a variety of utilities and government agencies.

Solar incentives in FL

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.

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.

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.

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.

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.

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.

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.

Hillsborough County - Solar and Wind Standards

Value:Varies

Hillsborough County has its own "renewable energy codes" which property owners installing a new PV, solar thermal, or small wind system must meet. Below is a sampling of the most important regulations. For on-ground solar energy systems on farms or other lots of at least five acres, new systems may have a maximum height of 15 feet with all wiring located underground. They should be fenced in and "set back" at least 50 feet from all lot lines. For small wind energy systems, height limits of 45 feet in residential areas and 120 feet in other areas apply. The county requires turbine noise to be kept to a minimum and all precautions to be taken to protect birds and other wildlife. Regulations are not limited to the above. Additional information and guidelines are available from the county 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.

Broward County - Rooftop Solar System Permit Standard

Value:Varies

To promote the adoption and installation of solar systems, Broward County has adopted a solar rights ordinance. No association or municipality may enact a complete ban on rooftop solar panels. However, the county has established a set of "solar codes" for new renewable energy installations to follow. For example, solar panels cannot extend five feet higher than a flat roof or above the apex of a slanted roof. Solar permits in the county do not override reasonable regulations which may be set by HOAs or localities. Further, they may not be used by themselves to justify landscaping for solar access (i.e. tree removal or trimming.) Additional information is available from the county 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.

Broward County Online Solar Permitting

Value:Varies

Go SOLAR is the new online portal for solar equipment permits in Broward County. Any residential or small business property may use the system for their regulatory needs when installing a new PV system. Go SOLAR's design has allowed the county to condense solar permit applications to one common form. Applicants are limited to selecting from a finite list of "pre-authorized" designs and plans; while they may submit their own documentation for a custom design, they must do so in person. Additional information is available through the portal itself.

Are solar panels worth it in Florida?

If you intend to reside in your home beyond the payback period of your solar system, solar panels are an clear choice in Lady Lake. With a 5 kW solar system in Lady Lake, FL, the average savings over a 20 period is $28,476, with break even usually occurring at 5 years.

The cost of not having solar panels in Lady Lake, FL

Not installing solar panels or any other backup energy system results in missing the earlier mentioned savings and full dependence on your electric utility for electricity. The news has recently proven that relying entirely on your utility provider isn't always ideal.

In recent years, Lady Lake has seen an average of 0.98 utility outages per customer each year. The average length of an outage is 100.28 minutes. However, during significant events such as aging infrastructure, earthquakes or planned maintenance, this duration can grow considerably.

A solar panel system, with or without a backup battery, could reduce the effects of future outages you might experience.

Power Outages

Currently, 0 customers are being tracked in Lake County.

Learn more

Customers Out:

0

Go Solar for less than your cell phone bill.

What impacts the cost of solar panels in Lady Lake, FL?

Your Energy Needs - Despite the higher initial expense, the cost per watt drops when using larger solar panel systems. For most homeowners, setting up a system that can generate enough power to eliminate their entire electric bill is advantageous, providing significant savings.

Make & Model - Solar panels, like many other products, are offered in a variety of makes and models. As the contractor might have particular system preferences, it's important to select a highly rated company. Choosing superior quality materials generally ensures a more satisfying long-term experience for the buyer.

Solar Panel Type - Monocrystalline panels are widely recognized as the standard in the industry, and for good cause. These panels are more expensive but offer a higher energy efficiency. Many installers in the industry utilize panels crafted of this material.

Your Property - Uneven ground, trees, or additional challenges can increase the difficulty of the installation. The majority of solar installers today are able to utilize satellite imagery to evaluate your home and factor in these aspects in the first cost estimate.

Labor Rates - Various wages are paid to employees by various companies, and these costs are transferred to the consumers. Higher wages often correlate with better reviews for companies' work and customer service.

Permitting & Interconnection - Permitting and utility interconnection fees change locally and will impact your installation cost. That said, reputable local installers will be able to incorporate these numbers into your initial quotes so there are no surprises.

See what solar panels cost in other FL cities

Go Solar for less than your cell phone bill.

Who are the best solar installers in Lady Lake?

Freedom Forever

Temecula, CA(800) 685-1850

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.

Solar-Ray

Orlando, FL(407) 443-4404

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Powur PBC

Del Mar, CA(866) 467-6987

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Solar Advantage

Tampa, FL(813) 399-1231

Services

  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

ESA Solar Energy

Maitland, FL(407) 232-7440

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Core Development Group

(201) 825-2195

Services

  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.

Plug PV

Troy, NY(518) 948-5316

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.

Go Solar Power

West Palm Beach, FL(877) 558-1882

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

Sun4

Coral Gables, FL(786) 833-7864

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Reparation of solar arrays.

Pure Energy

Gainesville, FL(352) 377-6527

Services

  • Consulting on all things solar related.
  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Auditing of energy requirements for independent energy generation.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Solar Energy World

Laurel, MD(866) 856-4580

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Dividend Finance

Cincinnati, OH(415) 805-7000

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

CES

Middletown, CT(860) 632-1682

Services

  • Auditing of energy requirements for independent energy generation.
  • Consulting on all things solar related.
  • Installation of solar arrays.

Palmetto Solar

Charleston, SC(855) 339-1831

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Entero Energy

Austin, TX(512) 551-0742

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Installation of solar arrays.

Silver Sun Solar

Deltona, FL(407) 832-42452

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

ConEdison Solutions

Valhalla CDP, NY(914) 286-7000

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.

Solar Source

Altamonte Springs, FL(407) 331-9077

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

Fluent Solar

Lehi, UT(844) 220-7415

Services

  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Sunnova Energy

Houston, TX(866) 786-6682

Services

  • Reparation of batteries.
  • Installation of batteries for energy storage.
  • Consulting on all things solar related.
  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.

Sunrun

San Francisco, CA(833) 394-3384

Services

  • Monitoring of independent energy generation.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.

Sigora Solar

Charlottesville, VA(434) 465-6192

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

PE Solar

Tempe, AZ(480) 264-0690

Services

  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.

Advanced Roofing

Fort Lauderdale, FL(800) 638-6869

Services

  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Consulting on all things solar related.

LightEdison

Denver, CO(888) 966-6377

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Reparation of solar arrays.

Empire Solar Group

Salt Lake City, UT(800) 467-4562

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Precision Renewables

Snyderville CDP, UT(435) 602-4120

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

A1A Solar Contracting

Jacksonville, FL(904) 468-7861

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Consulting on all things solar related.

Badass Energy

Claremont, CA(909) 320-9860

Services

  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Installation of batteries for energy storage.

FL Commercial Solar

Parkland, FL(954) 526-5030

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Lady Lake, FL Solar Panel Cost FAQs

  • As of November, 2024, the average per-watt cost for solar panels in Lady Lake, FL is $3/W. The cost of installing a 5 kW solar panel system in Lady Lake, FL is about $10,500 post federal tax credit.
  • Utilities and government agencies in Florida are currently offering 19 different rebates and incentives. Furthermore, the majority of people qualify for the 30% federal tax credit.
  • While paying cash provides the highest savings, there are now various financing options for solar panels that are also financially advantageous. Many installers will include information about their financing partners in the initial quotes they provide.
  • Yes, homeowners in Lady Lake, FL generally see a payback time of 5 years for 5 kW solar panel systems, with electricity savings averaging $28,476 over a 20-year period.
Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-11-01