The cost of solar panels in New Port Richey, FL (2024)

Updated Dec 17, 2024

  • You'll pay an average of $10,577 to install a 5 kilowatt solar panel system in New Port Richey, 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 December 2024, the average solar panel system costs $2.12/W including installation in New Port Richey, FL. For a 5 kW installation, this comes out to about $10,577 before incentives, though prices range from $8,990 to $12,164. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in New Port Richey, FL

Good Price
$8,990 or less
Market Average
$10,577
High Price
$12,164 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or New Port Richey, 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 $10,577 in New Port Richey, 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 New Port Richey, FL

System Size
System Cost
System Cost (after ITC)
3 kW$6,346$4,443
4 kW$8,462$5,923
5 kW$10,577$7,404
6 kW$12,693$8,885
7 kW$14,808$10,366
8 kW$16,924$11,847
9 kW$19,039$13,328
10 kW$21,155$14,808

Are solar panels worth it in New Port Richey, FL?

Solar panels are worth it in most areas, including New Port Richey, 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 $75,306 over 25 years (the warranty term of most solar panels) on electricity costs with a 5 kW system in New Port Richey, 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
6.41 Years
25-Year Savings
$75,306
Cost-per-Watt
$2.12

If you can't shell out $10,577 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:

  • 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...
  • Florida Power Management
    Winter Garden, FL
    Established 2016
    Elite Installer
    We are a locally owned and operated Solar and Roofing licensed contractor. We do not use subs all installers are ...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    46 Reviews

    We are a locally owned and operated Solar and Roofing licensed contractor. We do not use subs all installers are ...
  • BeeGreen Solar & Roofing
    PORT RICHEY, FL
    Established 2022
    Elite Installer
    34+ years as a State Certified Master Electrician, 11+ years dedicated to solar/battery specific installations. W...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    23 Reviews

    34+ years as a State Certified Master Electrician, 11+ years dedicated to solar/battery specific installations. W...
  • Tampa Bay Solar
    Tampa, FL
    Established 2011
    Elite Installer
    Florida's top choice for residential and commercial solar solutions!
    Elite Installer
    Screened & Verified
    5.0 /5.0
    5 Reviews

    Florida's top choice for residential and commercial solar solutions!
  • ProSolar Systems
    Clearwater, FL
    Established 2007
    Elite Installer
    ProSolar is proud to offer its state-of-the-art 25-year solar array, which over the decades, has been crafted to ...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    70 Reviews

    ProSolar is proud to offer its state-of-the-art 25-year solar array, which over the decades, has been crafted to ...

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 New Port Richey, 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 New Port Richey, 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

We pre-screen and monitor all of our partners

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