City of Homestead and solar
City of Homestead is a municipal utility serving about 24,277 homes in Florida. Here's what its rates and export rules mean for solar: for a typical customer, solar is worth it.
- Average price (2026 est.)
- 11.5¢25% below Florida average
- Typical bill
- $1621,403 kWh a month
- Exports credited
- RetailFull retail net metering
- Typical payback
- 13.1 yrs10.9 kW, cash
Export rules for City of Homestead customers
Full retail net metering (Florida rule).
Florida's investor-owned utilities (FPL, Duke Energy Florida, TECO) must offer full retail net metering: exports earn kWh credits that roll over for up to 12 months, then any leftover is paid at a low avoided-cost rate. Municipal and co-op utilities set their own terms, and some pay less.
Solar for a typical City of Homestead home
| System | 10.9 kW (100% of 1,403 kWh/month) |
|---|---|
| Cost | $24,755 |
| First-year savings | $1,913 |
| Payback | 13.1 years |
| 25-year net | $29,753 |
Uses the utility's average price.
Solar adoption
- Homes with solar (2025)
- 350
- Share of customers
- 1.4%
- Residential solar capacity
- 3 MW
- Residential customers
- 24,277
EIA-861, 2025.
Questions about City of Homestead and solar
Does City of Homestead have net metering?
City of Homestead follows Florida's rules: Florida's investor-owned utilities (FPL, Duke Energy Florida, TECO) must offer full retail net metering: exports earn kWh credits that roll over for up to 12 months, then any leftover is paid at a low avoided-cost rate. Municipal and co-op utilities set their own terms, and some pay less.
How much does electricity cost with City of Homestead?
Residential customers paid an average of 11.4¢ per kWh in 2025 (EIA), about 11.5¢ adjusted to 2026. The typical home uses 1,403 kWh a month, a bill of about $162.
Is solar worth it with City of Homestead?
For a typical customer, solar is worth it: a 10.9 kW system costing about $24,755 pays back in about 13.1 years, with $29,753 net over 25 years.
How many City of Homestead customers have solar?
About 350 homes had net-metered solar at the end of 2025, roughly 1.4% of residential customers (EIA-861).
Legal name: City of Homestead - (FL) (EIA ID 8795). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.