Solar power in Orlando, Florida
The Orlando Utilities Commission offers its customers net metering, which allows them to cancel out their electric bills with solar.
Solar gets even better with the federal tax credit covering a large part of the total system cost — 26% in 2020, and 22% in 2021.
The city of Orlando offers a PACE program allowing people to pay for their solar system through their property taxes.
Net Metering Broken Down
Orlando Utilities Commission value every kWh exported to their grid at the retail power rate under their net metering policy. Solar in Florida produces about 30% more compared to northern states making net metering a lot more profitable. After covering your bill credit is carried forward to later months still at retail value. At the end of the yearly billing cycle remaining credit is deposited into your account at the avoided cost rate (about 3-4 cents per kWh).
The average cost of installing residential solar panels in Orlando,
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 Orlando, FL
(after claiming 26% tax credit and other rebates)
The 26% federal solar tax credit explained
If you have a federal income tax liability, 26% of the cost of your solar system can be claimed as a deduction to your taxes. This incentive is claimed when you do your taxes. In order to receive the tax credit quicker it's best to do your taxes as soon as possible after installation.What if my tax liability is less than 26% of my systems cost
There is the option to claim this incentive over several years if your tax liability is less than 26% of the system cost.
How much will solar panels on my home save me?
The answer to this question depends on your electricity usage. Generally speaking the greater your power usage the greater the potential savings from installing solar.
The average monthly usage in Florida is only 1081kWh per month however, you are most likely using a lot more than this since this average includes condos and small apartments.
The Orlando solar panel savings calculator below will convert your monthly power spend into power usage (in kWh's) and then work out exactly how many solar panels you need to offset your usage, how much they will cost based on the prices of local solar companies and the amount you will save. Our Florida solar savings calculator can do this because it contains a database of the electric rates charged by Florida Power & Light (FPL), Duke Energy Florida, Orlando Utilities Comm, Reedy Creek Improvement Dist
How much can solar panels save you in Orlando
Orlando PACE Program
PACE removes a lot of the barriers since you are no longer tied to your property, if you move house the new owners will just pay a slightly higher property tax. With cash or PACE solar is still an excellent investment although paying cash is still cheaper.
Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Orlando 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 Orlando and whether you are eligible for zero down solar deals; and
- Your likely payback period and return on investment from installing solar
Find out what rebates and incentives you can get in Orlando
What does the cost of a real solar system look like?
Facts about installing a 15.65kW solar system in Orlando, FL
This system would offset 100% of your energy usage if your typical monthly bill is $233, however your situation may vary so try our Orlando solar calculator to get a result tailored to you.
Net cost of system
8 Years 6 Months
Average payback time
Annual power production
Levelized cost of solar energy
If you don't get solar
Cash flow graph based on cash purchase of this 15.65kW system
Life-time savings on this system over the next 25 years
(Prices shown after repayments of capital)
Solar companies in Orlando, FL that provide pricing through the Solar-Estimate marketplace.
Average total cost of solar panel installation in Orlando
After 26% solar tax credit
After 26% solar tax credit
Find out what system size you need for your home
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:
|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|
Find your local rebates and incentives
Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.