Paying over $190 per month for electricity from Florida Power & Light (FPL) has become the norm in Boca Del Mar. On top of climbing rates, every hurricane season reminds Palm Beach County residents of the grid's vulnerability. A power outage can mean days without AC in the sweltering heat. For these reasons, installing a solar system paired with a battery isn't just a financial move—it's a critical upgrade for home security and comfort in 2026.
Benchmark Cost Analysis
Solar + Battery System Costs in Boca Del Mar (2026)
To achieve both savings and backup power, a combined solar and battery system is the most popular choice. While a solar-only option is available for roughly $8,050 net, it fails to solve the critical problem of power outages or maximize savings under FPL's new rules.
- Gross System Cost (Solar + Battery): Approximately $23,500.
- 30% Federal Tax Credit: -$7,050
- Final Net Cost: Around $16,450
This investment covers a system designed to drastically reduce your FPL bill and power essential circuits like your refrigerator, lights, and AC during a grid outage. Florida's tax exemptions ensure you won't pay sales tax on the equipment or higher property taxes on your improved home value.
Incentives & Tax Credits
Key Incentives for Boca Del Mar Homeowners
The financial case for solar is heavily supported by government incentives:
- The 30% Federal ITC: This tax credit is the biggest discount available, reducing your total cost by nearly a third. It applies to both solar panels and battery storage systems.
- State Tax Exemptions: Florida completely exempts solar energy systems from the state's sales tax and from property tax assessments. This means your home is worth more, but your tax bill doesn't increase.
Net Metering: Florida Power & Light (FPL)
Net Metering (HB 741 Modified 2024)
Optional
Navigating FPL's Net Metering Program in 2026
Under rules updated by HB 741, the days of a 1-for-1 credit swap with FPL are over for new solar owners. Any excess solar energy your system sends to the grid is now purchased by FPL at a reduced, wholesale rate. This makes sending power back a poor financial strategy. The clear solution is self-consumption: using the solar power you generate in real-time and storing any excess in a battery. At night, you draw from your own stored, free energy instead of buying expensive power back from FPL.
Projected Savings
Calculating Your Savings Against FPL Rates
A solar system in Boca Del Mar generates clean power for a fraction of FPL's retail rate of $0.138/kWh. Over a year, a moderately sized system will produce more than 6,100 kWh of electricity. By using that power directly or storing it in your battery for evening use, you can shield yourself from FPL's inevitable future rate hikes. This typically translates to annual savings of around $850, effectively locking in a low electricity rate for the 25+ year lifespan of your panels.