Solar Panel Savings in Palm Coast, FL

Calculate how much you can save with solar panels in Palm Coast, Florida. Based on 5.1 peak sun hours/day and 11.3¢/kWh average electricity rate.

5.1

Peak Sun Hours/Day

11.3¢

Avg Rate (¢/kWh)

11.9 yr

Payback Period

$13k

25-Year Savings

Palm Coast Solar Overview

Population:91,495
Sunny Days/Year:237
Avg Temperature:72°F
Solar Penetration:5.9%
Utility Company:Florida Power & Light
Net Metering:Available

Calculate Your Palm Coast Solar Savings

3 kW15 kW

Palm Coast average: $102/mo

South-facing roofs produce the most energy

Add $8,000-$12,000 for whole-home battery backup

Annual Production

8,935

kWh/year

Annual Savings

$1,014

per year

Net System Cost

$11,802

after 30% ITC

Payback Period

11.6 yr

break-even time

25-Year Total Savings

$34,636

Monthly Savings

$85

Federal Tax Credit

$5,058

Cumulative Savings vs System Cost

$0k$9k$18k$27k$36kYr 0Yr 5Yr 10Yr 15Yr 20Yr 25System CostBreak-even
Cumulative Savings System Cost

Cost Breakdown

ItemPalm CoastNational Avg
Gross System Cost (6kW)$16,860$17,100
Federal Tax Credit (30%)-$5,058-$5,130
Net System Cost$11,802$11,970
Cost Per Watt$2.81/W$2.85/W

Solar Potential in Palm Coast

Sun Hours vs National Average

5.1 hrs
4.5 hrs

Palm Coast gets 13% more sun than the national average.

Climate Advantages

  • 237 sunny days per year
  • Average temperature: 72°F — moderate climate with good solar conditions
  • Average roof size: 1,784 sq ft — enough for a 99-panel system

Palm Coast Solar Incentives & Programs

Federal Investment Tax Credit (ITC)

30% of total system cost deducted from federal taxes. For a $16,860 system, that's a $5,058 credit. Valid through 2032.

Florida State Incentives

Property tax exemption for solar; sales tax exemption.

Net Metering — Florida Power & Light

Florida Power & Light offers net metering in Palm Coast. Earn credits for excess solar energy sent to the grid, reducing your electric bill further.

Environmental Impact in Palm Coast

3.7

Tons CO2 Offset/Year

61

Equivalent Trees Planted

0.8

Homes Worth of Energy

Based on 8,935 kWh annual production with a 6kW system. EPA average: 0.417 metric tons CO2 per MWh, 10,632 kWh per US home.

Solar Energy in Palm Coast, Florida

Palm Coast, Florida receives an average of 5.1 peak sun hours per day, providing excellent conditions for residential solar installations. With electricity rates averaging 11.3¢ per kWh from Florida Power & Light, below the national average, but with rates rising 2-3% annually, the long-term savings are still meaningful.

A typical 6kW solar system in Palm Coast produces approximately 8,935 kWh per year, saving homeowners an estimated $1,014 annually. The system pays for itself in about 11.6 years, after which you enjoy essentially free electricity for the remaining 13+ years of the system's warranty life.

Palm Coast has a solar penetration rate of 5.9% — showing growing adoption of residential solar, with significant room for expansion. The cost of living index of 99.4 (national average: 100) is near the national average.

Other Cities in Florida

View all 21 cities in Florida

Frequently Asked Questions

How much do solar panels cost in Palm Coast, FL?

The average cost of a 6kW solar panel system in Palm Coast is approximately $16,860 before incentives ($2.81/watt). After the 30% federal Investment Tax Credit, the net cost is about $11,802. Property tax exemption for solar; sales tax exemption.

How many peak sun hours does Palm Coast get?

Palm Coast, FL receives an average of 5.1 peak sun hours per day and approximately 237 sunny days per year. This is above the national average of 4.5 hours, making it an excellent location for solar energy.

What is the solar payback period in Palm Coast?

The average solar payback period in Palm Coast is approximately 11.9 years. After payback, your solar panels generate essentially free electricity for the remaining 15-20 years of their warranty. Over 25 years, total savings can reach $12,923.

Does Palm Coast have net metering?

Yes, Palm Coast has access to net metering through Florida Power & Light. This allows you to earn credits for excess solar energy sent to the grid, significantly improving your solar investment returns.

Is solar worth it in Palm Coast, FL?

Yes, solar is a solid investment in Palm Coast. While the 11.9-year payback is moderate, you'll still save $12,923 over 25 years. The 30% federal tax credit and local incentives help make solar financially attractive.

Related Calculators