## 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](/content/solar/solar-panels-for-home/index.html) to learn more. ### FLORIDA by the Numbers [2nd](https://www.eia.gov/electricity/data/eia861/) Most residential solar in the United States [251](https://www.eia.gov/electricity/data/eia861/) Households have installed solar panels [5.8](/content/local/peak-sun-hours/index.html) Avg peak sun hours per day [~$87k](/content/local/florida/naples/#solar-cost-calculator/index.html) 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, Florida** - My 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, Florida** - From 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](/content/local/florida/naples/#incentives-table/index.html) 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](https://floridarevenue.com/taxes/taxesfees/Pages/sales_tax_incent.aspx) | | 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](https://www.psc.state.fl.us/) | | 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](https://www.zillow.com/research/solar-panels-house-sell-more-23798/) 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.