Solar in Margate, FL
With Florida Power & Light (FPL)'s electricity at about 14.8¢ per kWh and 1,544 kWh of sun per kW, solar is worth it for a typical Margate home today: about a 10.9-year payback.
- Payback, typical home
- 10.9 yrsFlorida: 10.5 yrs
- 25-year net
- $39,330after paying $22,025
- Sun
- 1,544kWh per kW per year
- Electricity
- 14.8¢18% below U.S. average
A typical Margate home, by the numbers
| Utility | Florida Power & Light (FPL) |
|---|---|
| Electricity use | 1,111 kWh a month |
| Best-value system | 9.5 kW, about 22 panels, 14,667 kWh a year (110% of use) |
| Cost | $22,025 |
| First-year savings | $2,012 |
| Payback | 10.9 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 Margate
- Owner-occupied homes
- 77%
- Single-family detached
- 44%
- Median home value
- $316k
- Median year built
- 1978
- Population
- 59,198
- Roofs suitable for solar†
- 98%
Census ACS 2020–2024. †Share of 5,838 buildings Google Project Sunroof rated technically suitable (2019 snapshot).
Installers working in Margate
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 Margate
Is solar worth it in Margate, FL?
For a typical home in Margate, solar is worth it at 2026 prices: a 9.5 kW system costs about $22,025 after state incentives, saves about $2,012 in year one and pays back in about 10.9 years. Enter your address for an estimate based on your roof and bill.
How much solar power does a system produce in Margate?
About 1,544 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 0% more than the Florida average. East- or west-facing roofs produce roughly 10–20% less.
Who is the electric utility in Margate?
Most homes in Margate are served by Florida Power & Light (FPL), at about 14.8¢ per kWh on average.
How much do solar panels cost in Margate?
A fair cash price is around $2.45 per watt before incentives, so about $22,025 for a 9.5 kW system. There's no federal tax credit for homeowners who buy in 2026.
Nearby
- North Lauderdale 10.8 yrs
- Coconut Creek 10.8 yrs
- Coral Springs 11 yrs
- Tamarac 10.8 yrs
- Pompano Beach 10.7 yrs
- Parkland 10.9 yrs
- Lauderdale Lakes 10.9 yrs
- Oakland Park 10.7 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.