How to finance solar panels in Florida

If you’re looking for information on how to finance or lease solar panels in Florida, you’ve come to the right place!

How much does it cost to finance solar panels in Florida?

The average cost of solar panel installation in Florida is between $10,300 and $12,600. That’s about the amount homeowners finance after any Florida solar incentives, like tax credits or grants, have been applied. 

When partnering with Solar Energy World, Florida customers can choose between purchasing a solar system outright with cash, credit, or traditional financing, or selecting one of our leasing options. 

The main advantage to owning vs. leasing a Florida solar panel system is that when you own your system you have the option to sell your Solar Renewable Energy Credits (SRECs) for additional income, on top of any utility bill savings. 

What Florida solar panel financing options are available?

As a top Florida solar panel installer, Solar Energy World gives customers multiple financing options to suit their various needs. If owning your solar system isn’t an option, we offer both FL Solar Leases and Power Purchase Agreements (PPA). While Florida solar leases and solar PPAs are similar, there are some key differences.  

What is a Florida solar panel lease?

With our FL solar leases, customers can rent a Solar Energy World solar panel system for a monthly fee, with $0 down. This allows customers to take advantage of lower electricity costs, predictable monthly payments, the option to store excess energy, and more. 

What is a Florida Power Purchase Agreement?

In a FL Power Purchase Agreement, for as little as $0 down, Solar Energy World will install your solar power system, and you can purchase that power at a set rate that’s typically lower than what you pay your utility company. Our RateGuardian™ PPAs, enable customers to take advantage of 20-30% monthly savings on their utility bill. There are also rent-to-own options available with our power purchase agreements.