Cost of solar in Clermont, FL
Electricity Consumption in Clermont
Electricity Consumption by Florida residents averages 1081 kWh per month. It ranks #11 in the nation for savings from installing solar panels on the home.
Find local city information
Solar power in Clermont, Florida
Both SECO and Duke energy offer an excellent net metering program from their Clermont customers. Under net metering each kWh of unused solar generation is exported to the grid at the retail tariff rate. After paying off your bill your utility will credit your account. With so much sun in Clermont net metering can make some serious money. There is also the 30% federal solar tax credit, this has no size limit to receive the full 30% and may be spread over several years.
Although not available in each locality Florida offers a PACE program for communities and their residents to take part in. PACE is essentially a loan or PPA but is paid for at a cheaper rate through property taxes. What makes PACE work so well is that the solar system's cost stays with the property, if you move house the new owner keeps paying. There is no responsibility or large upfront costs with this program, it's basically solar with no strings or cons attached.
Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Clermont to find out:
- How many solar panels you need to cover your power bill;
- How suitable your house is for solar;
- What incentives your house may be eligible for;
- The cost of solar panel installation in Clermont and whether you are eligible for zero down solar deals; and
- Your likely payback period and return on investment from installing solar
Estimate your solar savings
The average cost of installing residential solar panels in Clermont, Florida in 2020 is $2.65 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Clermont, FL is $13,250. (before claiming 26% tax credit and other rebates)
What does the cost of a real solar system look like?
Facts about installing a 11.26kW solar system in Clermont, FL
This system would offset 100% of your energy usage if your typical monthly bill is $227, however your situation may vary so try our Clermont solar calculator to get a result tailored to you.
$20,414
Net cost of system
Cash - after 26% solar tax credit
6 Years 7 Months
Average payback time
16,214
kWh
Annual power production
5¢
/kWh
levilized cost of solar energy
30¢
/kWh
If you don't get solar
The forecast average utility price over the next 25 years
Cash flow graph based on cash purchase of this 11.26kW system
Life-time savings on this system over the next 25 years
$91,731
(Prices shown after repayments of capital)
Solar companies in Clermont, FL that provide pricing through the Solar-Estimate marketplace
38
Average total cost of solar panel installation in Florida
| System Size | Cash purchase After 26% solar tax credit |
Financed purchase After 26% solar tax credit |
|---|---|---|
| 3kw | $6,216 | $6,713 |
| 4kw | $8,140 | $8,791 |
| 5kw | $9,990 | $10,789 |
| 6kw | $11,766 | $12,707 |
| 7kw | $13,468 | $14,545 |
| 8kw | $15,096 | $16,304 |
| 9kw | $16,650 | $17,982 |
| 10kw | $18,130 | $19,580 |
Going solar in Florida
Check out all of the ways energy providers of Florida can help you be more energy efficient and save money.
The following programs are available:
| Incentive Name | Eligibility | Type |
|---|---|---|
| Residential Renewable Energy Tax Credit | Federal | Personal Tax Credit |
| Solar and CHP Sales Tax Exemption | State | Sales Tax Incentive |
| Property Tax Abatement for Renewable Energy Property | State | Property Tax Incentive |
| PACE Loans | State | Loan Program |
| SELF Loans | State | Loan Program |
| Net Metering | State | Net Metering |
Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.