Reducing Your FPL Bill in Midway, Florida
For homeowners in Gadsden County, the monthly bill from Florida Power & Light is a constant expense, with averages around $175. Installing solar panels in 2026 provides a direct way to reduce that cost by generating your own clean electricity. With Florida's strong sunshine and favorable state policies, a rooftop solar system is a practical home upgrade that can lock in energy costs for decades. Long-term utility inflation can improve the value of this bill offset over time, making today's investment even more powerful in the future.
Get a quick estimate tied to local rates and sun hours.
Open calculatorBenchmark Cost Analysis
What's the Upfront Cost for Solar in 2026?
In early 2026, the estimated cost for a fully installed 11.3 kW solar system in the Midway area is $25,425. This price reflects the total cost before any savings are applied, as the 30% federal tax credit for residential solar is no longer in effect for systems installed this year.
- Solar-Only System Cost: $25,425
- Adding Battery Backup: For homeowners seeking protection from power outages common during Florida's storm season, a 10 kWh battery can be added. This brings the total system cost to around $40,425. While it increases the payback period to over 17 years, it provides valuable energy independence.
Incentives & Tax Credits
Key Florida Incentives That Still Apply in 2026
Even without a federal credit, Florida provides crucial financial incentives that make going solar a sound decision for homeowners:
- No Property Tax Increase: Thanks to a statewide exemption, adding a solar system will not increase the assessed value of your home for property tax purposes. This is a huge benefit that saves you money every year.
- Zero Sales Tax: You won't pay Florida's 6% sales tax on your solar panels, inverter, or any other system components. This directly reduces the initial investment by over a thousand dollars on a typical system.
These state-level policies are designed to encourage energy independence and make solar more accessible for residents in areas like Gadsden County.
Net Metering: Florida Power & Light (FPL Northwest)
Retail Net Metering
Optional
Understanding FPL's Net Metering Program
Your savings are directly tied to how Florida Power & Light (FPL) compensates you for surplus solar energy. Midway is under a retail-rate net metering structure. This means for every unit of energy (kWh) your panels produce but you don't use, FPL gives you a full credit on your bill. When you need to draw power from the grid at night, you use those credits first. This 1-to-1 exchange at the full retail rate of $0.138/kWh is what makes the financial case for solar so strong, as it ensures none of your production goes to waste.
Projected Savings
Projected Solar Savings in Midway
A properly sized solar installation can make a significant impact on your budget. For a typical Midway home, an 11.3 kW solar system is estimated to generate $1,742 in electricity savings annually. This works out to an average reduction of about $145 on your monthly FPL bill.
With these savings, the system is projected to pay for itself in approximately 12.0 years. After the payback period, the solar energy you produce continues to offset your electricity costs, offering decades of savings. An owned solar system can also be a useful long-term feature that supports your home's resale appeal.