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Solar Incentives and Rebates in florida

Peak Sun Hours (PSH): 5.5 - 5.7
Cost of Grid Power: $0.12/kWh
Number Of Installations: 60,382

Data from DSIRE. For more info visit: https://www.dsireusa.org/

Name Implementing Sector Program Type Administrator DSIRE ID
Renewable Energy Easements & Rights Laws State Solar/Wind Access Policy 28
Solar and CHP Sales Tax Exemption State Sales Tax Incentive Florida Department of Revenue 243
City of Gainesville - Public Facilities Siting Local Solar/Wind Access Policy 289
New Smyrna Beach Utilities - Net Metering Utility Net Metering 324
DSM Programs Incorporating Renewables State Other Policy 340
Fuel Mix Disclosure State Generation Disclosure 533
Sales Tax Exemption Week for Energy Efficient Products State Sales Tax Incentive Florida Department of Revenue 1609
Lakeland Electric - Net Metering Utility Net Metering 2431
Net Metering State Net Metering 2880
Interconnection Standards State Interconnection 2882
Renewable Energy Property Tax Exemption State Property Tax Incentive Florida Department of Revenue 2985
Capital Investment Tax Credit for Clean Energy State Industry Recruitment/Support Executive Office of the Governor 2986
Miami-Dade County - Targeted Jobs Incentive Fund Local Industry Recruitment/Support Miami-Dade County, District 8 3123
Local Option - Special Districts State PACE Financing Programs administered locally 3869
Energy Efficiency Goals State Energy Efficiency Resource Standard 4505
Miami-Dade County - Sustainable Buildings Program Local Energy Standards for Public Buildings Office of Miami Sustainable Initiatives 4927
Innovation Incentive Program State Other Incentive 4931
Miami-Dade County - Green Corridor Property Assessed Clean Energy District Local PACE Financing Miami-Dade County 4932
Renewable Energy Property Tax Exemption State Property Tax Incentive 5296
Orlando Utilities Commission - Commercial Energy Efficiency Rebate Program Utility Rebate Program OU Customer Connection 5412
Property Tax Abatement for Renewable Energy Property State Property Tax Incentive 5426
Florida Public Utilities (Gas) - Commercial Energy Efficiency Rebates Utility Rebate Program 5817
City of Miami - Green Building Energy Code State Energy Standards for Public Buildings 5896
Broward County - Rooftop Solar System Permit Standard Local Solar/Wind Permitting Standards 5924
Hillsborough County - Solar and Wind Standards Local Solar/Wind Permitting Standards 5926
Miami-Dade County - Solar System Permitting Local Solar/Wind Permitting Standards 5927
Miami-Dade County - Green Power Policy Local Green Power Purchasing 5930
Tampa Electric - Commercial Energy Audit Utility Energy Analysis Tampa Electric 14934
Gulf Power - EnergyDirect Usage Management Tool Utility Energy Analysis Gulf Power 14938
Lakeland Electric - Commercial Energy Audits Utility Energy Analysis Lakeland Electric 14944
Clay Electric Cooperative, Inc - Energy Surveys Utility Energy Analysis Clay Electric Cooperative, Inc. (FL) 14947
JEA - Small Business Energy Upgrades Utility Energy Analysis JEA (Jacksonville Electric Authority 14953
Orlando Utilities Commission - Commercial Energy Surveys Other Energy Analysis Orlando Utilities Commission 14957
Gulf Power - Energy Checkup Utility Energy Analysis Gulf Power Company 15979
Florida Public Utilities - Energy Saving Tools Utility Energy Analysis Florida Public Utilities 16594
Gainesville Regional Utilities (GRU) - Energy & Water Surveys Utility Energy Analysis Gainesville Regional Utilities (GRU) 16604
Florida Solar Energy Center - Industry Training Other Training and Information Florida Solar Energy Center 16606
U.S. Department of Energy - Industrial Assessment Center (IAC): University of Miami Federal Energy Analysis U.S. Department of Energy 17604
Florida Keys Electric Cooperative - Solar Power Interconnectivity Utility Other Florida Keys Electric Cooperative Association 17681
Tampa Electric - Commercial Duct Repair Utility Energy Analysis Tampa Electric 17690
Choctawhatchee Electric Coop, Inc. - Commercial Energy Calculator Other Energy Analysis Choctawhatchee Electric Coop, Inc. 17833
Gulf Coast Electric Coop, Inc. - Commercial Energy Audit Analysis Other Energy Analysis Gulf Coast Electric Coop, Inc. 17842
Gulf Power - Incentives for Business Utility Energy Analysis Gulf Power 19232
Gainesville Regional Utilities - Business eSolutions Utility Training and Information Gainesville Regional Utilities 20720
Gulf Coast Electric Coop, Inc. - Manual N Calculations Other Energy Analysis Gulf Coast Electric Coop, Inc. 20826
Beaches Energy Services - Commercial Energy Efficiency Rebate Program Utility Rebate Program Beaches Energy Services 22062
JEA Battery Incentive Program Utility Rebate Program JEA 22078


What’s the Cost of Solar in Florida?

Cost of Grid Power

Florida electricity prices average $0.12/kWh, below the national average of $0.14/kWh.

Despite being the second-largest electricity producer in the US (after Texas) Florida consumes almost eight times as much energy as it produces. In 2018 renewables accounted for roughly 3% of Florida's net power generation, with roughly one third of that coming from Solar.

Cost of a Solar Install

Cost of a typical 10kW PV install in Florida from 2008-2018

A graph of falling prices for a typical 10kW PV install in Florida from 2008-2018.
Figures include design costs. Data from Berkeley Lab.

The average cost of a 10kW (equivalent to saving almost 200 trees a year) solar power system starts around $29,000. Before any incentives, in the first year you’d save about $1,600, compared to if you had been paying the normal rates for the energy you used. These savings can continue for well over 25 years, improving with inflation.




Just How Much Can I Save With Solar in Florida?

This depends on may factors such as your system size, power output, and financing. Here are the main ways you can finance your home solar power system, and the kinds of returns you may expect to see:

Out-of-Pocket

From our example above, the homeowner purchased a 10kW system to offset their energy bill. Overhead cost was $29,000, with a significant proportion returned in the first year through incentives, rebates, and savings, then paying itself in full over 11 years.

Most solar power systems have a warranty lifetime of 25 years.In that time, between incentives and paying lower rates you could make a profit of around $40,000. Even with occasional maintenance or part replacement, that is a massive savings. Solar panel power output falls on average 0.8% per year, so with a little TLC and load management you can extend the life of your system well beyond the warranty’s expiration date, continuing to save indefinitely.

Solar Loan

Whether or not you can afford the up-front cost of the install, you may want to consider a Home Equity Line of Credit (HELOC). With equity in your home, or good credit, you may qualify for a 15-year solar HELOC with fixed rate of 4% or lower.

Starting with that same 10kW system costing $29,000 but with zero up-front cost, accounting for incentives, credits, rebates, and annual energy savings starting around $1,700, you could see a revenue surplus of about $6,500 at the end of the first year. Save that money though. Your loan payments will likely exceed your power savings by about $80/month for the 15-year term

Once the loan is paid off, you can expect to save about $1,700 a year. Over 25 years you could expect to make about $29,000.




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