Solar in Lakewood Ranch, FL
With Florida Power & Light (FPL)'s electricity at about 14.8¢ per kWh and 1,573 kWh of sun per kW, solar is worth it for a typical Lakewood Ranch home today: about a 10.7-year payback.
- Payback, typical home
- 10.7 yrsFlorida: 10.5 yrs
- 25-year net
- $39,654after paying $21,635
- Sun
- 1,573kWh per kW per year
- Electricity
- 14.8¢18% below U.S. average
A typical Lakewood Ranch home, by the numbers
| Utility | Florida Power & Light (FPL) |
|---|---|
| Electricity use | 1,111 kWh a month |
| Best-value system | 9.3 kW, about 22 panels, 14,629 kWh a year (110% of use) |
| Cost | $21,635 |
| First-year savings | $2,011 |
| Payback | 10.7 years |
| Exported power | 13¢/kWh (Florida Power & Light (FPL)) |
Cash purchase, no federal credit, 2.8% yearly rate increases. Run it with your own numbers.
Homes in Lakewood Ranch
- Owner-occupied homes
- 80%
- Single-family detached
- 68%
- Median home value
- $678k
- Median year built
- 2014
- Population
- 43,945
- Roofs suitable for solar†
- 99%
Census ACS 2020–2024. †Share of 5,480 buildings Google Project Sunroof rated technically suitable (2019 snapshot).
Installers working in Lakewood Ranch
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 Lakewood Ranch
Is solar worth it in Lakewood Ranch, FL?
For a typical home in Lakewood Ranch, solar is worth it at 2026 prices: a 9.3 kW system costs about $21,635 after state incentives, saves about $2,011 in year one and pays back in about 10.7 years. Enter your address for an estimate based on your roof and bill.
How much solar power does a system produce in Lakewood Ranch?
About 1,573 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 2% more than the Florida average. East- or west-facing roofs produce roughly 10–20% less.
Who is the electric utility in Lakewood Ranch?
Most homes in Lakewood Ranch are served by Florida Power & Light (FPL), at about 14.8¢ per kWh on average. Some areas are served by Peace River Electric Cooperative.
How much do solar panels cost in Lakewood Ranch?
A fair cash price is around $2.45 per watt before incentives, so about $21,635 for a 9.3 kW system. There's no federal tax credit for homeowners who buy in 2026.
Nearby
- Sarasota 10.6 yrs
- South Bradenton 10.5 yrs
- Bradenton 10.5 yrs
- Ruskin 9 yrs
- Sun City Center 9 yrs
- Venice 10.7 yrs
- Apollo Beach 9 yrs
- North Port 10.8 yrs
- All of Florida
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.