Solar Panel Cost in Miami, FL (2026 Estimate)

BySunMetricLab Editorial Team·Independent solar research and calculators

Data last updated September 10, 2026

Miami averages about 5.4 peak sun hours a day (about average for the US, a little sunnier than the Florida average of 5.3), and pairs with Florida's approximate residential rate near 15¢/kWh. In the model used here, an 8 kW system produces roughly 12,610 kWh a year and trims about $1,900 off annual electricity costs, paying back its net cost in about 8.0 years (versus 8.1 years for Florida as a whole). Local shading, roof, and your utility's export terms move the real figure.

Estimated system cost and payback in Miami

Costs assume roughly $2.70/watt installed; the net column applies a 30% federal credit for comparison with quotes that include it. Savings use Miami's sun hours and Florida's rate.

The 30% federal Residential Clean Energy Credit ended for systems paid for after December 31, 2025 under the 2025 federal budget law. Net-after-credit figures apply only if you still qualify (for example a 2025 expenditure, or a leased system where the installer passes a credit through). Confirm with a tax professional.

Net metering and utilities around Miami

Florida's Public Service Commission rule requires investor-owned utilities to credit rooftop exports at the full retail rate, netted monthly, with any surplus rolled forward and paid out once a year at the utility's avoided-cost rate. Systems of 10 kilowatts or less are placed in the simplest tier, with no application fee or extra insurance, while larger residential systems face added requirements. A 2022 bill that would have phased retail net metering down was vetoed, and the rule remained intact as of 2026.

Florida Power and Light serves more customers than any other utility in the country, covering the east coast, Southwest Florida and, after absorbing Gulf Power, the western Panhandle; Duke Energy Florida serves the Tampa Bay suburbs and central Florida, and TECO serves Tampa itself. Municipal systems such as JEA, OUC in Orlando, Lakeland Electric and Gainesville Regional Utilities, along with cooperatives like Withlacoochee, Clay Electric and LCEC, cover the rest. FPL's rates are comparatively low with a two-tier structure that prices the first thousand kilowatt-hours cheaper, plus a minimum monthly bill; Duke's rates run higher. Heavy summer air conditioning means most homes consume a large share of their solar output on site, but the low retail price keeps payback periods moderate rather than short.

For the full state picture, including incentives, property and sales tax treatment and the complete net metering notes, see the Florida solar cost page.