Cost of solar in Oviedo, FL

Electricity Consumption in Oviedo

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 Oviedo, Florida

Duke Energy Florida and FPL if you live a little out of the city both offer net metering to their solar customers. Net metering credits each kWh of unused solar generation against another one drawn from the grid at night or on a cloudy day for example. When more energy is exported than drawn each kWh is given retail value as a credit to future bills within the same 12 month billing cycle. If at the end of the 12 months credit remains your utility will deposit the cash into your account at the retail generation rate for each kWh. With all the sunshine in Odievo wiping out your power bill is easy.

30% of your solar system's cost may also be claimed as a deduction to federal taxes. The federal solar tax credit can be spread over many years and always covers 30% no matter the system size. Odievo solar incentives are amazing and make solar one of the best investments one can make but, with utilities trying to kill off net metering no good will come from waiting!

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 Oviedo, 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 Oviedo, 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 9.35kW solar system in Oviedo, FL

This system would offset 100% of your energy usage if your typical monthly bill is $138, however your situation may vary so try our solar calculator to get a result tailored to you.

$19,308

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

9 Years 6 Months

Average payback time

12,545
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 9.35kW system

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

$45,740

(Prices shown after repayments of capital)

 


 

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

41

 


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.