Typical home: Worth it

Solar in Homestead, FL

With Florida Power & Light (FPL)'s electricity at about 14.8¢ per kWh and 1,565 kWh of sun per kW, solar is worth it for a typical Homestead home today: about a 10.8-year payback.

Payback, typical home
10.8 yrsFlorida: 10.5 yrs
25-year net
$39,538after paying $21,830
Sun
1,565kWh per kW per year
Electricity
14.8¢18% below U.S. average

A typical Homestead home, by the numbers

UtilityFlorida Power & Light (FPL)
Electricity use1,111 kWh a month
Best-value system9.4 kW, about 22 panels, 14,707 kWh a year (110% of use)
Cost$21,830
First-year savings$2,013
Payback10.8 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 Homestead

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

Show as a table
PeriodValue
Jan120
Feb122
Mar143
Apr151
May142
Jun124
Jul131
Aug132
Sep128
Oct134
Nov123
Dec114

Homes in Homestead

Owner-occupied homes
48%
Single-family detached
39%
Median home value
$380k
Median year built
2001
Population
82,807

Census ACS 2020–2024.

Installers working in Homestead

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 Homestead

Is solar worth it in Homestead, FL?

For a typical home in Homestead, solar is worth it at 2026 prices: a 9.4 kW system costs about $21,830 after state incentives, saves about $2,013 in year one and pays back in about 10.8 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Homestead?

About 1,565 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 1% more than the Florida average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in Homestead?

Most homes in Homestead are served by Florida Power & Light (FPL), at about 14.8¢ per kWh on average. Some areas are served by City of Homestead, Florida Keys El Cooperative Association.

How much do solar panels cost in Homestead?

A fair cash price is around $2.45 per watt before incentives, so about $21,830 for a 9.4 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.