Monday, July 28, 2025 / by Mike Shoaff
Solar Panels Impact Naples Homes
Do Solar Panels Really Add Value to Homes in Naples? My Honest Take
Wondering if solar panels increase home value in Naples, FL real estate? Mike Shoaff, a trusted realtor in Naples, FL, shares insights on solar’s impact and what homeowners should know.
Solar Panels in Naples, FL Real Estate: The Reality
In the competitive Naples, FL real estate market, solar panels are a trending topic. With energy efficiency in demand, many assume solar panels boost property values. But in Southwest Florida, the numbers often don’t match the hype. As a realtor in Naples, FL, I’ve handled listings with solar panels, and the reality differs from the sales pitch.
Mike Shoaff's Take: “Solar panels sound appealing, but in Naples, FL, they rarely deliver the resale value homeowners expect.”
The Financial Impact of Solar on Naples Home Values
Why Consult a Naples Realtor Before Going Solar
Solar salespeople pitch lower bills and higher home values, but as a realtor in Naples, FL, I provide the reality of the local market. Unlike California, where high electricity rates (28 cents/kWh) make solar appealing, Naples’ FPL rates (12 cents/kWh, 39% below the national average) extend ROI timelines. Before signing a solar contract, consult a trusted Naples realtor to assess resale value in today’s market.
Savings vs. Investment: Will You See ROI?
A $10,000 solar system saving $1,000 annually takes 10–12 years to break even, but in Naples’ retiree-driven market, where homeowners often move within 11–13 years, this ROI may not materialize. Buyers rarely pay extra for solar, and some view solar loans as a cost, not a benefit.
Shoaff’s Opinion: “If you’re not staying in your Naples home for a decade, solar panels may not pay off in our real estate market.”
The Roof Factor in Naples Real Estate
Why Solar Falls Short in Naples, FL Real Estate
Make Informed Decisions with a Naples Realtor
Solar panels in Naples, FL, may suit some, but don’t expect a big value boost. Consider costs, roof condition, stay duration, and actual savings. For an honest take on solar’s impact on your home’s resale value, contact me, Mike Shoaff, a trusted realtor in Naples, FL with REMAX Hallmark.
Frequently Asked Questions About Solar Panels in Naples
Q: Do solar panels increase home value in Naples, Florida?
In most cases, no. Appraisers often assign little credit to solar panels. A $25,000 system might add $5,000 or less, and many buyers won’t pay extra.
Q: How long does it take to break even on solar panels in Naples?
Typically 10–12 years, assuming you stay long enough. Naples’ retiree market often moves sooner, missing ROI.
Q: Will solar panels keep my power on during a hurricane?
Not without a $10,000+ battery backup. Cloudy days post-storm limit energy production.
Q: Do buyers in Naples care about solar panels?
Most don’t. Buyers often choose cheaper homes without solar.
Q: Is it smarter to spend on solar or home upgrades in Naples?
Upgrades like kitchens or bathrooms yield better returns and attract buyers in Naples, FL real estate.
Q: Why does solar make more sense in California than Florida?
Naples’ FPL rates (12 cents/kWh) are 39% below the national average, unlike California’s 28 cents/kWh, lengthening ROI.
625 9th St N, Unit 203
Naples, FL 34102
(239) 298-9903
