Miami, Florida
Solar Cost in Miami (2024)
Everything you need to know about solar panel costs, savings, and incentives in Miami.
Average Cost
$17,000 - $22,000
Price per Watt
$2.50 - $3.30
Annual Sun Hours
5,700
Annual Savings
$1,200 - $1,600
Electricity Rate
$0.14/kWh
Payback Period
8-10 years
CO₂ Offset
5.8 tons/year
Available Incentives in Miami
Federal ITC
30% tax credit
Property Tax Exemption
100% exempt
Net Metering
Full retail rate
Incentives can change. Always verify current eligibility with official sources.View all incentives →
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Your Estimate
Based on typical market data for your area
System Size
6.1–7.5kW
Upfront Cost
$13,999–$23,288
Annual Savings
$1,260–$1,710
Payback Period
8.2–18.5years
25-Year Savings
$8,212–$28,751
CO₂ Reduced / Year
10,246 kg
Frequently Asked Questions
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