Cost of solar in Saint Cloud, FL

Electricity Consumption in Saint Cloud

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 Saint Cloud, Florida

OUC offers its residential and commercial solar customers an excellent net metering program. Each kWh of energy not used by the home is exported to the grid offsetting the cost of another kWh such as at night or on a cloudy day. Usually in sunny Florida more kWh's are exported than drawn, this excess is credited at the retail power rate and can be used to reduce future bills or deposited into your account. Available also is the 30% federal solar tax credit allowing 30% of the total cost to be claimed as a tax deduction over however many years you please. The federal solar tax credit is always 30% no matter how big the system is.

Florida also hosts a PACE financing program for its residents in participating localities such as Orlando to take part in. PACE is essentially a lease or PPA but is paid at a cheaper rate through property taxes. Since being paid through property taxes it is linked to the home not the person so if you move house the new owner will continue to pay for the system. PACE allows for people to enjoy solar without the hassles and sense of responsibility!

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 Saint Cloud, 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 Saint Cloud, 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 8.37kW solar system in Saint Cloud, 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.

$17,870

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

9 Years 10 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 8.37kW system

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

$39,806

(Prices shown after repayments of capital)

 


 

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

37

 


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.