Typical home: Worth it

Solar in Cape Coral, FL

With Florida Power & Light (FPL)'s electricity at about 14.8¢ per kWh and 1,599 kWh of sun per kW, solar is worth it for a typical Cape Coral home today: about a 10.6-year payback.

Payback, typical home
10.6 yrsFlorida: 10.5 yrs
25-year net
$40,125after paying $21,440
Sun
1,599kWh per kW per year
Electricity
14.8¢18% below U.S. average

A typical Cape Coral home, by the numbers

UtilityFlorida Power & Light (FPL)
Electricity use1,111 kWh a month
Best-value system9.2 kW, about 21 panels, 14,712 kWh a year (110% of use)
Cost$21,440
First-year savings$2,013
Payback10.6 years
Exported power13¢/kWh (Florida Power & Light (FPL))

Cash purchase, no federal credit, 2.8% yearly rate increases. Run it with your own numbers.

Solar production per kW in Cape Coral

kWh per kW each month, south-facing at 20° tilt. PVWatts v8 with local typical-year weather.

Show as a table
PeriodValue
Jan122
Feb128
Mar155
Apr155
May153
Jun136
Jul120
Aug126
Sep126
Oct139
Nov126
Dec114

Homes in Cape Coral

Owner-occupied homes
77%
Single-family detached
79%
Median home value
$374k
Median year built
2000
Population
215,536
Roofs suitable for solar†
100%

Census ACS 2020–2024. †Share of 70,930 buildings Google Project Sunroof rated technically suitable (2019 snapshot).

Installers working in Cape Coral

Public installation records for Florida don't name installers, so we can't rank local companies here. Browse installers in Florida.

Always verify the license and get at least three quotes. Compare quotes side by side.

Questions about solar in Cape Coral

Is solar worth it in Cape Coral, FL?

For a typical home in Cape Coral, solar is worth it at 2026 prices: a 9.2 kW system costs about $21,440 after state incentives, saves about $2,013 in year one and pays back in about 10.6 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Cape Coral?

About 1,599 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 4% more than the Florida average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in Cape Coral?

Most homes in Cape Coral are served by Florida Power & Light (FPL), at about 14.8¢ per kWh on average. Some areas are served by Lee County Electric Cooperative.

How much do solar panels cost in Cape Coral?

A fair cash price is around $2.45 per watt before incentives, so about $21,440 for a 9.2 kW system. There's no federal tax credit for homeowners who buy in 2026.

Nearby

Data: PVWatts (National Laboratory of the Rockies), EIA-861 2025 adjusted to 2026, U.S. Census ACS, LBNL Tracking the Sun, state policy research as of October 2026.