Cost of solar in Orlando, FL

Electricity Consumption in Orlando

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.

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Solar power in Orlando, Florida

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).

Solar gets even better with the federal tax credit covering 30% of the total system cost. The city of Orlando offers a PACE program allowing people to pay for their solar system through their property taxes. 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 to find out:

 

Estimate your solar savings

 

Solar power in Florida

The average cost of installing residential solar panels in Orlando, Florida in 2018 is $3.29 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Orlando, FL is $16,450. (before claiming 30% tax credit and other rebates)

What does the cost of a real solar system look like?

Facts about installing a 8.26kW solar system in Orlando, FL

This system would offset 100% of your energy usage if your typical monthly bill is $123, however your situation may vary so try our solar calculator to get a result tailored to you.

$17,693

Net cost of system
Cash - after 30% solar tax credit

9 Years 9 Months

Average payback time

11,181
kWh

Annual power production


/kWh

levilized cost of solar energy

24¢
/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 8.26kW system

Life-time savings on this system over the next 25 years

$40,063

(Prices shown after repayments of capital)

 


 

Solar companies in Orlando, FL that provide pricing through the Solar-Estimate marketplace

45

 


Solar calculator and quote comparison tool

Average total cost of solar panel installation in Florida

System Size Cash purchase
After 30% solar tax credit
Financed purchase
After 30% solar tax credit
3kw $7,560 $8,165
4kw $9,772 $10,554
5kw $11,865 $12,814
6kw $13,818 $14,923
7kw $15,631 $16,881
8kw $17,248 $18,628
9kw $18,774 $20,276
10kw $20,160 $21,773

 

Design your own solar panel system 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:
Incentive Name Eligibility Type
Residential Renewable Energy Tax Credit Federal Personal Tax Credit
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.