The cost of solar panels in Yulee, FL (2024)

Updated Jul 16, 2024

  • You'll pay an average of $12,646 to install a 5 kilowatt solar panel system in Yulee, FL, before incentives.

  • The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs.

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Written by: Emily Walker

As of July 2024, the average solar panel system costs $2.53/W including installation in Yulee, FL. For a 5 kW installation, this comes out to about $12,646 before incentives, though prices range from $10,749 to $14,543. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in Yulee, FL

Good Price
$10,749 or less
Market Average
$12,646
High Price
$14,543 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Yulee, FL state incentives, which will lower this price by at least a few thousand dollars.

Your solar panel cost depends on your system's size

It may seem obvious but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

While a 5 kW system will only cost you $12,646 in Yulee, FL, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill.

Average solar cost by system size in Yulee, FL

System Size
System Cost
System Cost (after ITC)
3 kW$7,588$5,311
4 kW$10,117$7,082
5 kW$12,646$8,852
6 kW$15,175$10,622
7 kW$17,704$12,393
8 kW$20,233$14,163
9 kW$22,763$15,934
10 kW$25,292$17,704

Are solar panels worth it in Yulee, FL?

Solar panels are worth it in most areas, including Yulee, FL. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

If you pay for your system with cash, you'll save about $26,806 over 20 years on electricity costs with a 5 kW system in Yulee, FL. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, and inflation rates.

Payback Period
10.18 Years
20-Year Savings
$26,806
Cost-per-Watt
$2.53

If you can't shell out $12,646 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

Find out what solar panels cost in your area in 2024
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The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in FL, here are some popular suggestions:

  • ESD Solar
    Pinellas Park, FL
    Established 2014
    Elite Installer
    At ESD Solar you get the best prices, top of the line panels, unbeatable warranties, and exceptional customer ser...
    Elite Installer
    Screened & Verified

    At ESD Solar you get the best prices, top of the line panels, unbeatable warranties, and exceptional customer ser...
  • Green House Solar & Air Inc.
    Multi-state
    Established 2016
    Approved Installer
    Green House Solar and Air, Inc. is your trusted partner for sustainable energy solutions. We offer top-
    quality so...
    Approved Installer
    Screened & Verified
    5.0 /5.0
    23 Reviews

    Green House Solar and Air, Inc. is your trusted partner for sustainable energy solutions. We offer top-
    quality so...
  • Sunshine Saves Inc.
    Jacksonville, FL
    Established 2012
    Approved Installer
    Our main focus is always on quality, both with equipment used and the installation performed. We offer the best w...
    Approved Installer
    Screened & Verified
    5.0 /5.0
    16 Reviews

    Our main focus is always on quality, both with equipment used and the installation performed. We offer the best w...
  • Go Solar Power
    Boca Raton, FL
    Established 2009
    Approved Installer
    The GSP Difference
    1 - New, No Penetrations on your Roof = No Leaks based on type of Roof.
    2 - Educators vs. Salesm...
    Approved Installer
    Screened & Verified
    5.0 /5.0
    9 Reviews

    The GSP Difference
    1 - New, No Penetrations on your Roof = No Leaks based on type of Roof.
    2 - Educators vs. Salesm...
  • Lotus Energy and Solar
    Multi-state
    Established 2017
    Approved Installer
    We install the latest and best in solar panel technology. In addition to solar panels, we also offer valuable sol...
    Approved Installer
    Screened & Verified
    4.5 /5.0
    9 Reviews

    We install the latest and best in solar panel technology. In addition to solar panels, we also offer valuable sol...

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in Yulee, FL.

Take advantage of federal and local solar incentives

As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in Yulee, FL. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. Many states also offer great local incentives and rebates.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

Why shop with EnergySage?

Save time & money

Request free quotes from vetted installers in minutes

Unbiased support

Our expert Energy Advisors will help you make the right decision

Trusted, local installers

We pre-screen and monitor all of our partners

Consumer reviews of EnergySage

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