Is solar worth it in 33023 (Hollywood, FL)?

With an average payback period of 9 years and 25-year savings of $36,600, solar panels in Hollywood, Florida are a solid investment.

How much do solar panels cost in 33023?

The average cost of a 6kW residential solar system in Hollywood, Florida is $13,200 before incentives. The federal 30% Investment Tax Credit reduces this to about $9,240.

How much solar electricity does 33023 get?

Hollywood receives 5.97 kWh/m²/day of solar irradiance. A 6kW system in zip code 33023 produces approximately 10,459 kWh per year.

Solar Panel ROI in 33023

Hollywood, Florida — Is solar worth it here? Here's what the data says.

2.8x ROI Score

9 yrs Payback Period

$1,464/yr Annual Savings

$36,600 25-Year Savings

Your savings estimate

$ /mo bill

Annual savings $1,464

Payback 9 yrs

25-yr savings $36,600

Solar Calculator for 33023 (Hollywood)

Adjust values to see your personalized solar ROI estimate for Hollywood, Florida.

System Size

System Cost

Electricity Rate

$ /kWh

Solar Irradiance

5.97 kWh/m²/day

Based on NREL data for Hollywood, FL

ROI Score 2.8x

Annual Production 10,459 kWh

Annual Savings $1,464

Payback Period 9 years

25-Year Savings $36,600

After 30% ITC $9,240

Solar Data for 33023 – Hollywood, FL

Solar Irradiance 5.97 kWh/m²/day +20.4% vs national avg

vs Florida Avg +5.3% State avg: 5.36 kWh/m²/day

Electricity Rate $0.140/kWh Florida average rate

Annual Production 10,459 kWh 6kW system estimate

Hollywood gets 5.97 kWh/m²/day (20.4% above national avg) and electricity at $0.140/kWh. The 9-year payback represents a solid return — the federal 30% ITC further reduces costs.

Solar Incentives for Hollywood, Florida

★

Federal Investment Tax Credit (ITC)

Claim 30% of your system cost as a federal tax credit. On a $13,200 system, that's $3,960 back.

★

Net Metering

Most Florida utilities offer net metering — sell excess electricity back to the grid at retail rates, accelerating your payback.

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Florida State Programs

Check with the Florida energy office for additional rebates, tax exemptions, and low-interest solar financing programs available in Hollywood.

33023 vs Florida Average

Solar Irradiance

33023: 5.97 FL avg: 5.36

Payback Period

33023: 9 yrs FL avg: 11.2 yrs

Annual Savings

33023: $1,464 FL avg: $1,182

25-Year Savings

33023: $36,600 FL avg: $29,550

See the full Florida solar guide for statewide data and incentives.

Nearby Zip Codes — Solar Comparison

33169 Miami Gardens, FL 2.8x ROI 9 yr payback 33179 Miami, FL 2.8x ROI 9 yr payback 33311 Fort Lauderdale, FL 2.8x ROI 9 yr payback 33132 Miami, FL 2.8x ROI 9 yr payback 33125 Miami, FL 2.8x ROI 9 yr payback