Cutting Your FPL Bill in Edgewater
With average electric bills around $195 a month and plenty of sunshine in Volusia County, many homeowners are evaluating rooftop solar. In 2026, the financial equation for solar focuses on long-term savings and energy independence, especially as utility rates change over time. An owned solar system can also be a significant asset, potentially improving your home's resale appeal without increasing its taxable value.
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Open calculatorBenchmark Cost Analysis
How Much Do Solar Panels Cost in Edgewater?
For a typical home in Edgewater, a 10.7 kW solar system is estimated to cost around $24,075 in early 2026. This price reflects the full system cost without a federal tax credit, which is no longer available for systems placed in service this year. The price breaks down to approximately $2.25 per watt.
- Solar Only System (10.7 kW): $24,075
- Solar + Battery System (10.7 kW panels, 10 kWh battery): $39,075
A battery adds resilience, providing backup power during grid outages common in Florida's storm season. However, with FPL's current net metering rules, it is an optional add-on for savings and extends the financial payback period.
Incentives & Tax Credits
Florida's 2026 Solar Incentives
While the 30% federal residential solar tax credit has ended, Florida homeowners still benefit from powerful state-level incentives that make going solar more affordable:
- Property Tax Exemption: Florida law ensures that adding a solar system will not increase your property's assessed value for tax purposes. You get the benefits of a home upgrade without the higher tax bill.
- Sales Tax Exemption: Solar energy equipment is exempt from Florida's state sales tax, saving you 6% or more on the total cost of your system right from the start.
These two policies, combined with strong net metering, form the financial foundation for solar in Edgewater for 2026.
Net Metering: Florida Power & Light Co
Retail Net Metering
Optional
Understanding FPL's Net Metering Program
Florida Power & Light offers a retail-rate net metering program. This is the most favorable policy for solar owners. It works like this: when your panels produce more electricity than your home is using, the excess power is sent to the grid. FPL credits your account for that energy at the full retail rate. You then use those credits to cover the cost of electricity you pull from the grid at night or on cloudy days. It's a simple and effective 1-for-1 exchange that maximizes the value of every kilowatt-hour your system produces.
Projected Savings
Projected Solar Savings with Florida Power & Light
A 10.7 kW solar system in Edgewater is modeled to generate approximately $1,975 in electricity savings in the first year. This offset is based on FPL's rate of $0.1557 per kWh. Based on these figures, the estimated payback period for a solar-only system is about 10.3 years.
The long-term value grows if grid electricity becomes more expensive. By producing your own power, you protect yourself from future FPL rate increases, making your savings more impactful over the 25+ year lifespan of the panels.