Sky-high air conditioning costs during the summer are a fact of life in Palm Beach County. With Florida Power & Light (FPL) rates on the rise and state policies changing, many homeowners are asking if solar is still a smart investment. The answer is yes, but the strategy has shifted: pairing solar with a battery is now the key to true energy independence and maximizing savings.
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How Much Do Solar Panels and Batteries Cost in Boynton Beach?
There are two paths for going solar, but one offers much more financial security. While a solar-only system might seem cheaper upfront at just $8,050 after the federal tax credit, most Boynton Beach homeowners now choose a combined solar and battery system. This typically costs around $16,450 after the 30% federal credit. The extra investment ensures your savings are protected from FPL's changing rates and gives you invaluable storm resiliency.
Incentives & Tax Credits
Federal & State Solar Incentives (2026)
- Federal Solar Tax Credit: This is the most significant incentive, allowing you to deduct 30% of your total system cost (panels and battery) from your federal taxes. For a $23,500 system, that's a direct $7,050 credit.
- Florida Property Tax Exemption: Adding solar panels increases your home's value, but thanks to this exemption, it won't increase your property taxes.
- Florida Sales Tax Exemption: You pay zero state sales tax on the purchase of your solar equipment, saving you hundreds of dollars right away.
Net Metering: Florida Power & Light (FPL)
Net Metering (HB 741 Modified 2024)
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Understanding FPL's Net Metering Rules in 2026
The rules for solar in Florida have changed due to HB 741. While existing customers are grandfathered, new solar installations in 2026 operate under a modified net metering system. This means FPL pays you a much lower rate for excess energy you send back to the grid compared to what they charge you. Without a battery, you're giving away valuable energy for pennies. A solar battery solves this by letting you store that excess power and use it yourself during the expensive evening hours, completely avoiding the poor export rates and protecting your investment from future policy changes.
Projected Savings
What Are the Real Monthly Savings?
Your goal with solar is to use the power you generate directly. For an average home using 1,400 kWh per month, a solar panel system can eliminate over half of that FPL bill, translating to roughly $866 in savings in the first year alone. With a battery, you lock in those savings by preventing the export of cheap power to FPL. You use what you generate, day or night. Plus, during hurricane season, a battery provides crucial backup power when the grid goes down, a priceless benefit in South Florida.