The cost of solar panels in Miramar Beach, FL

Updated Oct 26, 2023

  • You'll pay an average of $12,998 to install a 5 kilowatt solar panel system in Miramar Beach, FL, before incentives.

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

  • With EnergySage's competitive marketplace, you can expect to see prices up to 20% lower than if you work with a single company.

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Written by: Emily Walker

As of December 2023, the average solar panel system costs $2.6/W including installation in Miramar Beach, FL. For a 5 kW installation, this comes out to about $12,998 before incentives, though prices range from $11,048 to $14,948. After the federal tax credit, the average price drops by 30%.

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

Good Price
$11,048 or less
Market Average
$12,998
High Price
$14,948 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Miramar Beach, 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 $12,998 in Miramar Beach, 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 Miramar Beach, FL

System Size
System Cost
System Cost (after ITC)
3 kW$7,799$5,459
4 kW$10,398$7,279
5 kW$12,998$9,098
6 kW$15,597$10,918
7 kW$18,197$12,738
8 kW$20,796$14,557
9 kW$23,396$16,377
10 kW$25,995$18,197

Are solar panels worth it in Miramar Beach, FL?

Solar panels are worth it in most areas, including Miramar Beach, 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 $45,100 over 20 years on electricity costs with a 5 kW system in Miramar Beach, 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
8.25 Years
20-Year Savings
$45,100
Cost-per-Watt
$2.60

If you can't shell out $12,998 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 2023
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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
    We are energy consultants that pride ourselves on helping homeowners reach their energy goals through solar. We w...
    Elite Installer
    Screened & Verified

    We are energy consultants that pride ourselves on helping homeowners reach their energy goals through solar. We w...
  • Ready Nation Contractors, Inc.
    Lutz, FL
    Established 2014
    Approved Installer
    Your solar panel system will be customized for your home, budget, and lifestyle. We use modern black-on-black sol...
    Approved Installer
    Screened & Verified
    5.0 /5.0
    4 Reviews

    Your solar panel system will be customized for your home, budget, and lifestyle. We use modern black-on-black sol...
  • Unicity Solar Energy
    Tampa, FL
    Established 2018
    Approved Installer
    With over 30 years of direct PV experience, Unicity Solar installs high quality solar electric systems with indus...
    Approved Installer
    Screened & Verified
    4.5 /5.0
    50 Reviews

    With over 30 years of direct PV experience, Unicity Solar installs high quality solar electric systems with indus...
  • Castor Solar, Inc
    Panama City Beach, FL
    Established 2021
    Approved Installer
    At Castor Solar, we put our customers first with expert engineer designs, best-in-class products, and unparallele...
    Approved Installer
    Screened & Verified
    4.5 /5.0
    5 Reviews

    At Castor Solar, we put our customers first with expert engineer designs, best-in-class products, and unparallele...
  • Titan Solar Power
    Milton, FL
    Approved Installer
    For many families, solar can be a “no brainer.” Here at Titan Solar Power, we are setting the standards for the r...
    Approved Installer
    Screened & Verified
    4.0 /5.0
    72 Reviews

    For many families, solar can be a “no brainer.” Here at Titan Solar Power, we are setting the standards for the r...

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 Miramar Beach, 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 Miramar Beach, 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?

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