Naples, FL Solar Installation: 2026 Costs, Incentives & Savings
Solar Power in Naples
Naples enjoys abundant year-round sunshine, making it one of Florida’s most practical places for solar panel installation. With Florida electricity prices rising 26% from 2020 to 2024, many Naples homeowners are looking at solar installation as a way to gain more control over their energy costs and rely less on the grid.
Florida now ranks 2nd in the nation for residential solar installations. This guide covers the basics to help you decide if solar is right for your home, drawing on Palmetto’s experience guiding homeowners through the process. You can also explore our overview of home solar panels to learn more.
FLORIDA by the Numbers
2nd Most residential solar in the United States
251 Households have installed solar panels
5.8 Avg peak sun hours per day
~$87k Naples average savings over 25 years
How Much Do Solar Panels Cost in Naples, FL?
See real solar installation costs for your Naples home, built from our actual local installs. This calculator uses firsthand data from projects across Naples Park, Golden Gate, Pelican Bay, and East Naples—giving you a clear, honest estimate based on what your neighbors have already experienced.
System Size: This system size is designed to offset approximately 100% of the average electricity usage for a home of this size in Florida.
Recommended System: 10.53 kW
Your Monthly Payment: Estimated monthly cost with LightReach $135/mo
Cost Breakdown
Your estimated investment
- System Cost: $28,316
- Price per Watt: $2.69
- Savings:
- Monthly Savings: Average utility bill reduction $200
- Payback Period: Break-even point 10.1 years
- 25-Year Savings: $87,418
Palmetto Reviews
Very knowledgeable, took their time to explain the process of solar system and the value and benefits for me the customer. I am very pleased with this company and would recommend anyone to them.
- Anne Marichal, Sarasota, FloridaMy family and I love our solar system, great customer service & installation team was fantastic! I wish I would have gotten the backup battery. Highly recommend, Palmetto is great.
- Philip Burgos, Riverview, FloridaFrom the moment I requested a quote to the moment the system was turned on was a seamless process. My solar system has been up and running without issues for over a month.
- Marv Villiard, Florida, Florida
Key Takeaways
- Naples enjoys 5.8 peak sun hours per day, making it one of Florida’s best places for solar to offset your electricity bill year-round.
- Florida electricity prices rose about 18% from 2021 to 2024, so solar can help Naples homeowners gain more control over rising energy costs.
- Florida offers sales and property tax exemptions plus net metering, and leasing through LightReach lets you go solar with no upfront cost.
Naples Electricity Prices
Florida’s residential electricity prices climbed from 11.9 cents per kWh in 2021 to 14.1 cents in 2024—an increase of roughly 18% in just three years, according to state energy data.
Because solar panels typically last 25 years or more, a well-designed system can provide decades of predictable energy production, giving Naples homeowners more control over their costs as utility rates continue to shift.
Price of Energy: Florida vs National Average
- 2021: Florida 11.9¢, US Average 13.7¢
- 2022: Florida 13.9¢, US Average 15.0¢
- 2023: Florida 14.1¢, US Average 15.2¢
- 2024: Florida 14.1¢, US Average 16.0¢
Naples Area Utility Providers
In Naples, FL, most homes get electricity from LCEC or FPL. Based on 2023 data, LCEC charged about 14.5¢ per kWh and FPL about 15.0¢ per kWh for residential customers.
Naples Utilities Electricity Rates
- LCEC: 14.50¢
- FPL: 15.00¢
- FL Average: 15.20¢
- US Average: 16.0¢
Florida Solar Incentives
Several state and local programs help offset the cost of solar in Naples. Explore the available solar incentives in Florida in the table below.
| Incentive | Type | Description | Source |
|---|---|---|---|
| Florida Solar Sales Tax Exemption | Sales Tax Exemption | Florida exempts solar energy equipment from the state’s 6% sales and use tax. | Learn More |
| Florida Property Tax Exemption for Solar & Battery Storage | Property Tax Exemption | Florida provides a 100% property tax exemption on the added home value from residential solar panels and battery storage systems, active through 2037. | |
| Florida Net Metering — Investor-Owned Utilities (FPL, Duke, Tampa) | Net Metering | Florida requires its major investor-owned utilities to credit residential solar customers at the full retail electricity rate for excess energy exported. | Learn More |
| Solar & Energy Loan Fund (SELF) | Rebate | SELF is a Florida nonprofit offering low-interest, no-down-payment loans for solar panel installations. | |
| Property Assessed Clean Energy (PACE) Financing | Rebate | PACE programs in Florida allow homeowners to finance solar and battery storage installations through their property tax bill. |
Naples Solar Irradiance
Solar Production in Naples by Month
System Size: 5 kW 7 kW 10 kW
What Can Your Solar System Power?
Summer Production (July)
- In July, your 10 kW system could power:
- 2.7 average homes (15 kWh/day per home)
- or Run central AC for 13 hours
- or Fully charge 4.1 Tesla Model 3 electric vehicles
Winter Production (December)
- In December, your 10 kW system could power:
- 2.5 average homes
- or Keep your home heating system running for 18 hours
- or Fully charge 3.7 Tesla Model 3 electric vehicles
Annual Production
- Over a year, your 10 kW system could:
- Offset 11 tons of carbon dioxide emissions
- or Equal the environmental benefit of planting 193 trees
Solar Panel Systems in Naples
Solar Customers
275-3191
130-274
39-129
1-38
Leasing Solar Panels
Naples homes are served by Lee County Electric Cooperative (LCEC) and Florida Power & Light (FPL), and solar leasing is available through both.
With LightReach, there are no investment costs to recoup, loan payments to manage, or maintenance needs to take on.
Frequently Asked Questions
Does Naples, FL have net metering?
Yes, Naples, FL has net metering. Most homes receive it through Lee County Electric Cooperative (LCEC), which offers 1:1 net metering.Do solar panels increase your home value in Naples, FL?
Yes—when you own your system, purchased solar panels can boost your home’s value, and a Zillow study found homes with solar sold for about 4.1% more.How much does it cost to go solar in Naples, FL?
In Naples, you can go solar with no upfront cost through a LightReach lease, starting around $135/month.How much electricity can a solar system produce in Naples, FL?
In Naples, a typical 10 kW system produces roughly 16,000 kWh per year, based on NREL PVWatts data.