The cost of solar panels in Anna Maria, FL (2024)

Updated Oct 22, 2024

  • You'll pay an average of $11,731 to install a 5 kilowatt solar panel system in Anna Maria, FL, before incentives.

  • The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs.

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Written by: Emily Walker

As of October 2024, the average solar panel system costs $2.35/W including installation in Anna Maria, FL. For a 5 kW installation, this comes out to about $11,731 before incentives, though prices range from $9,971 to $13,491. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in Anna Maria, FL

Good Price
$9,971 or less
Market Average
$11,731
High Price
$13,491 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Anna Maria, FL state incentives, which will lower this price by at least a few thousand dollars.

Your solar panel cost depends on your system's size

It may seem obvious but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

While a 5 kW system will only cost you $11,731 in Anna Maria, FL, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill.

Average solar cost by system size in Anna Maria, FL

System Size
System Cost
System Cost (after ITC)
3 kW$7,038$4,927
4 kW$9,385$6,569
5 kW$11,731$8,212
6 kW$14,077$9,854
7 kW$16,423$11,496
8 kW$18,769$13,138
9 kW$21,115$14,781
10 kW$23,462$16,423

Are solar panels worth it in Anna Maria, FL?

Solar panels are worth it in most areas, including Anna Maria, FL. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

If you pay for your system with cash, you'll save about $56,106 over 25 years (the warranty term of most solar panels) on electricity costs with a 5 kW system in Anna Maria, FL. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, and inflation rates.

Payback Period
8.68 Years
25-Year Savings
$56,106
Cost-per-Watt
$2.35

If you can't shell out $11,731 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

Find out what solar panels cost in your area in 2024
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The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in FL, here are some popular suggestions:

  • Affordable Solar, Roof, & Air
    Clearwater, FL
    Elite Installer
    We are preferred installers with Q Cell, REC, K2 racking, and Enphase. We are ranked by EnergySage as one of the ...
    Elite Installer
    Screened & Verified

    We are preferred installers with Q Cell, REC, K2 racking, and Enphase. We are ranked by EnergySage as one of the ...
  • Transform Solar
    Tampa, FL
    Established 2017
    Elite Installer
    We are an installer, NOT a sales organization. When you work with us, it comes with the confidence of knowing tha...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    29 Reviews

    We are an installer, NOT a sales organization. When you work with us, it comes with the confidence of knowing tha...
  • Efficient Home Services
    St. Petersburg, FL
    Established 2011
    Elite Installer
    Why EHS:
    Our mission at Efficient Home Services is to provide homeowners with a top quality experience. We aim to ...
    Elite Installer
    Screened & Verified

    Why EHS:
    Our mission at Efficient Home Services is to provide homeowners with a top quality experience. We aim to ...
  • ESD Solar
    Pinellas Park, FL
    Established 2014
    Elite Installer
    At ESD Solar you get the best prices, top of the line panels, unbeatable warranties, and exceptional customer ser...
    Elite Installer
    Screened & Verified

    At ESD Solar you get the best prices, top of the line panels, unbeatable warranties, and exceptional customer ser...
  • Lunex Power Inc.
    Tampa, FL
    Established 2020
    Approved Installer
    Lunex Power Inc is a leading provider of innovative and reliable solar energy solutions that help businesses and ...
    Approved Installer
    Screened & Verified

    Lunex Power Inc is a leading provider of innovative and reliable solar energy solutions that help businesses and ...

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in Anna Maria, FL.

Take advantage of federal and local solar incentives

As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in Anna Maria, FL. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. Many states also offer great local incentives and rebates.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

Why shop with EnergySage?

Save time & money

Request free quotes from vetted installers in minutes

Unbiased support

Our expert Energy Advisors will help you make the right decision

Trusted, local installers

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