Naples, FL Solar Panels
Solar Power in Naples
Naples homeowners are finding that solar energy offers both environmental and financial benefits. With electricity prices climbing 26% since 2020, understanding your solar options has never been more timely.
This guide breaks down everything you need to know about solar installation in Naples, from costs and incentives to choosing the right system for your home.
How Much Do Solar Panels Cost in Naples, FL?
Our calculator uses real installation data from Naples homes—including Park Shore, Pelican Bay, and Golden Gate—to show you accurate solar costs. Get personalized estimates based on what your neighbors actually paid, not industry averages.
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Savings
You can still access the solar tax credit through Palmetto. Talk to us today to find out how.
Key Takeaways
- Naples averages 5.8 peak sun hours daily, making it an excellent location for solar energy production year-round.
- Florida offers property and sales tax exemptions that reduce both upfront costs and ongoing expenses for solar installations.
- A typical Naples home can save over $84,000 in electricity costs over 25 years with a properly sized solar system.
Naples Electricity Prices
Understanding electricity costs in Naples helps homeowners make informed energy decisions. Let’s look at how rates have changed in recent years.
Florida electricity rates have climbed from 11.9 cents per kWh in 2021 to 14.1 cents in 2024—an 18% increase. For the average Naples home, this translates to hundreds of dollars in additional annual costs.
Solar panels generate electricity at a fixed cost, protecting homeowners from future rate increases. Once installed, your system produces power at the same predictable rate for decades, regardless of utility price fluctuations.
Over a typical 25-year system lifespan, solar can offset tens of thousands in electricity costs. As utility rates continue rising, the gap between solar and grid electricity widens, increasing your long-term savings.
Price of Energy: Florida vs National Average
Naples Area Utility Providers
Naples residents are served by two main utility providers: Florida Power & Light (FPL) at 15.0¢ per kWh and Lee County Electric Cooperative (LCEC) at 14.5¢ per kWh, based on 2023 data.
Both utilities charge rates below the 2023 national average of 16.0¢ per kWh and slightly under Florida’s state average of 15.20¢ per kWh, thanks to the region’s energy infrastructure and fuel mix.
While Naples enjoys competitive electricity rates today, solar panels lock in predictable energy costs for decades. This stability protects homeowners from future rate increases while reducing dependence on the grid.
Naples Utilities Electricity Rates
Florida Solar Incentives
Naples, FL homeowners can reduce solar installation costs through state and local programs. Understanding available solar incentives in Florida helps you plan your investment wisely.
Florida offers property and sales tax exemptions that lower both upfront and ongoing costs. The state’s net metering program allows you to earn credits for excess electricity your system generates, further offsetting your utility bills.
These programs can change as policies evolve. Research current offerings thoroughly and consider acting sooner rather than later to secure available benefits for your Naples home.
| Incentive | Type | Description | Source |
|---|---|---|---|
| Property Tax Exemption | State tax exemption | No property tax increase from added solar value. Prevents higher assessment on solar equipment. | Learn More |
| Sales Tax Exemption | State tax exemption | No state sales tax on solar equipment and installation. Reduces upfront cost immediately. | Learn More |
Florida’s Property Tax Exemption for renewable energy systems ensures that installing solar panels or other qualifying equipment won’t increase your property taxes. When you add a solar energy system to your home, the property appraiser excludes 100% of the added value from your property’s assessed value for tax purposes. This means you get all the benefits of a more valuable home without paying higher property taxes on that improvement.
For residential properties, the exemption applies to solar equipment installed on or after January 1, 2013, and continues through December 31, 2037. The exemption covers solar panels, inverters, batteries, mounting equipment, and other essential system components. However, it doesn’t include backup generators or equipment that would be needed regardless of the solar installation. There are no income requirements or application deadlines—the exemption automatically applies when your property is assessed, providing ongoing savings for as long as you own your solar-equipped home.
Florida’s Sales Tax Exemption eliminates the state’s sales tax (currently 6% plus any local taxes) on solar energy systems and all their components. This means when you purchase solar panels, inverters, batteries, mounting equipment, and other essential system parts, you won’t pay any Florida sales tax on these items. The exemption applies to both complete solar installations and individual components, whether you’re buying equipment for a new system or adding to an existing one.
To qualify, the equipment must be used exclusively as part of a solar energy system that collects, transfers, converts, stores, or uses solar energy for purposes like electricity generation, water heating, or space heating and cooling. The exemption covers a comprehensive list of components including solar panels (photovoltaic modules), inverters, batteries, charge controllers, mounting hardware, wiring specific to the solar system, and even pool blankets when used as passive solar collectors. Your solar installer will typically handle the documentation by having you certify that the purchased equipment is for exclusive use in a solar energy system. There are no deadlines or expiration dates for this exemption—it remains available as an ongoing benefit for Florida residents investing in solar energy.
Net metering in Florida allows homeowners with solar panels to receive credits for excess electricity their system sends back to the grid. When your solar panels produce more energy than your home uses, that surplus power flows to the utility grid, and you receive credits on your electric bill. These credits offset the cost of electricity you draw from the grid when your panels aren’t producing enough power, such as at night or on cloudy days.
The specific benefits vary significantly by utility provider in Florida. Most major utilities like Florida Power & Light (FPL), Duke Energy, Tampa Electric (TECO), and Orlando Utility Commission (OUC) offer 1:1 net metering, meaning you receive full retail rate credits for excess energy during the billing cycle. However, some utilities have introduced minimum monthly bills ranging from $25-$30. At the end of each year (typically in December), any remaining excess credits are settled—some utilities pay out at full retail rates, while others compensate at much lower wholesale rates of approximately 1.5-3 cents per kilowatt-hour. A few utilities like Kissimmee Utility Authority and Gainesville Regional Utility use net billing instead, crediting exports at reduced rates of 3.5-9 cents per kilowatt-hour rather than the full retail rate.
Eligibility for net metering is generally available to residential customers who install solar panels and complete their utility’s interconnection process. The financial benefit depends heavily on which utility serves your home, as policies differ substantially across Florida’s various electric providers. It’s important to understand your specific utility’s net metering structure, including any minimum bill requirements, how credits roll over month-to-month, and the annual true-up rate, as these factors significantly impact your long-term savings.
Ready to start saving with solar?
Speak with a Palmetto solar expert to find out exactly how much you can save with Florida incentives.
Get a Free QuoteNaples Solar Irradiance
Solar panel production varies throughout the year based on daylight hours, weather patterns, and sun intensity. Understanding how seasons affect your solar system helps set realistic expectations for your investment.
Naples enjoys abundant sunshine year-round, though summer humidity and afternoon thunderstorms affect output. The good news? With proper system design, Naples remains excellent for solar energy production.
Solar Production in Naples by Month
What Can Your Solar System Power?
Summer Production (July)
In July, your 10 kW system could power:
- 3.6 average homes (15 kWh/day per home)
- or Run central AC for 18 hours AND power all other appliances
- or Fully charge 5.4 Tesla Model 3 electric vehicles
Winter Production (December)
In December, your 10 kW system could power:
- 2 average homes (15 kWh/day per home)
- or Keep your home heating system running for 15 hours
- or Fully charge 3 Tesla Model 3 electric vehicles
Annual Production
Over a year, your 10 kW system could:
- Offset 10 tons of carbon dioxide emissions
- or Equal the environmental benefit of planting 175 trees
- or Save approximately $4,234 in electricity costs
Want to know exactly how much solar can power your home?
Get a personalized solar analysis based on your actual home, energy usage, and roof characteristics.
Get My Custom EstimateSolar Panel Systems in Naples
We’ve mapped every solar installation across Naples to help you explore the growing clean energy movement in your community. Click any hexagon to see how many neighbors in that area have made the switch to solar power.
Leasing Solar Panels
In Naples, FL, Palmetto offers solar leasing through our LightReach program. Most utility providers in the area, including Florida Power & Light (FPL) and Lee County Electric Cooperative (LCEC), support lease agreements, making solar accessible without large upfront costs.
With a solar lease, you pay a predictable monthly amount for your system while Palmetto handles all maintenance, repairs, and monitoring. This means no surprise expenses for equipment failures or routine upkeep—we take care of everything so your panels keep producing clean energy year after year.
Compared to paying cash upfront, leasing eliminates the need to tie up tens of thousands of dollars in your solar investment. You start saving on electricity immediately while preserving your capital for other priorities, and you never worry about system maintenance or performance issues.
Go solar without the investment
With LightReach, there are no investment costs to recoup, loan payments to manage, or maintenance needs to take on. As soon as your panels are active, your solar savings are too!
Learn MoreFrequently Asked Questions
Yes, solar makes excellent sense in Naples. With 5.8 peak sun hours daily and electricity rates climbing 18% since 2021, Naples homeowners are well-positioned to benefit from solar energy.
A typical 10 kW system can save over $84,000 over 25 years while Florida’s property and sales tax exemptions reduce upfront costs. The combination of abundant sunshine, rising utility rates, and state incentives creates favorable conditions for solar investment in Naples.
Yes, Naples has net metering through both major utility providers. Florida Power & Light (FPL) and Lee County Electric Cooperative (LCEC) offer 1:1 net metering, meaning you receive full retail rate credits for excess solar energy sent to the grid during your billing cycle.
Both utilities require minimum monthly bills ($25 for FPL, $2.22 higher customer charge for LCEC). At year-end in December or January, any remaining excess credits are settled at reduced wholesale rates of approximately 1.5-3 cents per kWh, and your account resets to zero.
Yes, solar panels increase home value in Naples. Research shows that homes with solar panels sell for approximately 4.1% more than comparable homes without solar, according to Zillow’s analysis of home sales across the United States.
For a typical Naples home valued at $500,000, this translates to roughly $20,500 in added value. Florida’s property tax exemption means you won’t pay higher property taxes on this increased value, making solar an attractive investment for Naples homeowners.
Solar installation costs in Naples typically range from $21,576 for a small home (7.79 kW system) to $34,294 for a large home (12.96 kW system). The average medium-sized Naples home needs a 10.13 kW system costing approximately $27,332.
Florida’s property and sales tax exemptions reduce these upfront costs. With average monthly savings of $192 and a payback period around 10 years, most Naples homeowners see positive returns on their solar investment.
Yes, solar is financially worth it in Naples. With average electricity rates of 14.2¢/kWh and climbing, a typical 10 kW system saves homeowners approximately $192 monthly and over $84,000 over 25 years.
The payback period averages 10.2 years, meaning you’ll enjoy 15+ years of essentially free electricity. Florida’s property and sales tax exemptions reduce upfront costs, while net metering credits maximize your savings throughout the system’s 25+ year lifespan.
At Palmetto Solar, we’ve completed 8,930 installations across Florida since 2020, bringing our national expertise to local communities like Naples. We combine competitive financing options with a trusted installation network to make solar accessible and straightforward.
Our approach focuses on transparency and education rather than sales pressure. We handle everything from system design through installation and ongoing support, ensuring your solar investment delivers the savings and performance you expect for decades to come.