Solar Panel Cost in Cape Coral, FL
Updated 2026 guide to solar panel prices, savings, and payback period in Cape Coral.
Estimated Solar Savings
Solar Panel System Costs in Cape Coral, FL
Below are estimated costs for different solar panel system sizes in Cape Coral, including the 30% federal solar tax credit.
| System Size | Cost Before Incentives | Federal Tax Credit (30%) | Net Cost | Est. Annual Production |
|---|---|---|---|---|
| 4 kW | $10,600 | -$3,180 | $7,420 | 8,030 kWh |
| 6 kWMost Popular | $15,900 | -$4,770 | $11,130 | 12,045 kWh |
| 8 kW | $21,200 | -$6,360 | $14,840 | 16,060 kWh |
| 10 kW | $26,500 | -$7,950 | $18,550 | 20,075 kWh |
| 12 kW | $31,800 | -$9,540 | $22,260 | 24,090 kWh |
What Affects Solar Panel Cost in Cape Coral?
The average cost of solar panels in Cape Coral, FL is approximately $265/watt before incentives. For a typical 6kW residential system, that means a total cost of about $15,900 before the federal tax credit.
After applying the 30% federal Investment Tax Credit (ITC), your net cost drops to approximately $11,130.Cape Coral homeowners typically see a payback period of 6 years and save an estimated $38,000 over 25 years.
Factors that affect your cost in Cape Coral:
- System size: Larger systems cost more but have a lower cost per watt
- Equipment quality: Premium panels and inverters cost more but offer better efficiency
- Roof complexity: Steep roofs, multiple levels, or shading can increase installation costs
- Local labor rates: Installation costs vary within the Cape Coral metro area
- Local permits: Permitting costs and requirements vary by municipality in Cape Coral
- Incentives: State and local programs can significantly reduce your out-of-pocket cost
Solar Incentives Available in Cape Coral
Federal Solar Investment Tax Credit
30% Federal Tax Credit (ITC)
Florida homeowners can claim the 30% federal ITC on their solar installation. With no state income tax, the federal credit is especially important.
State & Local Incentives
Property Tax Exemption for Solar
Property TaxFlorida exempts 100% of the added home value from solar energy systems from property taxes.
Sales Tax Exemption for Solar
Sales TaxSolar energy systems are exempt from Florida's 6% state sales tax.
Net Metering
Florida requires investor-owned utilities to offer net metering at the full retail rate for residential solar systems up to 2 MW.
AvailableSRECs
Florida does not have an SREC market. The state relies on property and sales tax exemptions as primary incentives.
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Top Solar Companies in Cape Coral, FL
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Solar Panel Cost FAQ - Cape Coral, FL
The average cost of solar panels in Cape Coral is approximately $2.65 per watt before incentives. A typical 6kW residential system costs about $15,900 before the 30% federal tax credit, bringing the net cost to around $11,130.
The typical payback period for solar panels in Cape Coral is approximately 6 years. After that, you'll enjoy free electricity for the remaining 15-20+ years of your system's life, saving an estimated $38,000 over 25 years.
Cape Coral homeowners can take advantage of the 30% federal solar tax credit, which reduces your system cost by 30%. Florida also offers net metering, and various state-level incentive programs. Check our incentives page for the complete list.
Cape Coral homeowners can save an estimated $38,000 over 25 years by going solar. Actual savings depend on your electricity usage, system size, roof orientation, and available incentives. With electricity rates averaging $0.14/kWh in Florida, solar provides significant long-term savings.
Solar Costs in Other Florida Cities
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