Orlando, Florida, is one of the sunniest cities in the United States, making it an ideal location for homeowners considering solar energy. But is solar really worth it in Orlando? Between energy savings, tax incentives, and environmental benefits, many factors contribute to the decision of whether to go solar.
At BrightEra Energy LifeStyle, we believe in helping homeowners make informed energy choices. In this blog, we will explore the costs, benefits, potential savings, and available incentives for solar energy in Orlando to determine if making the switch to solar is the right move for you.
How Much Does Solar Cost in Orlando?
The cost of installing a solar panel system in Orlando varies based on system size, panel efficiency, and installation complexity. On average:
- The typical cost per watt ranges from $2.50 to $3.50.
- A 6-kilowatt (kW) system costs around $15,000 to $21,000 before incentives.
- Larger systems, like a 10kW system, may cost $25,000 to $35,000.
Despite the upfront investment, solar panels significantly reduce electricity costs, making them a valuable long-term investment.
What Incentives Are Available for Solar in Orlando?
Orlando homeowners have access to several financial incentives that make solar even more appealing:
1. Federal Solar Investment Tax Credit (ITC)
- Homeowners who purchase a solar system can claim 30% of the installation cost as a tax credit.
- Example: If your system costs $20,000, you can deduct $6,000 from your federal taxes.
2. Net Metering in Orlando
- Utility companies like Duke Energy and Orlando Utilities Commission (OUC) offer net metering programs.
- You receive credits for the extra energy your solar panels generate, reducing your future electric bills.
3. Florida Sales Tax Exemption
- Solar energy systems are 100% exempt from sales tax, saving you 6% on your purchase.
4. Property Tax Exemption
- The added home value from solar installation is not taxable, making it a risk-free home improvement.
How Much Can You Save with Solar in Orlando?
The potential savings with solar energy in Orlando depend on your energy usage and system size. Here’s a general estimate:
- Average monthly electric bill in Orlando: $150
- Annual cost without solar: $1,800
- Lifetime savings with solar (25 years): $40,000 – $60,000
These savings increase as electricity rates rise, making solar an even more attractive investment.
Is Solar a Good Investment in Orlando?
Considering the incentives, high electricity costs, and abundant sunshine, solar is absolutely worth it in Orlando. Here’s why:
✅ Lower electricity bills – Solar reduces or eliminates your reliance on the grid. ✅ Strong ROI – Most homeowners break even within 6-10 years. ✅ Energy independence – No more worries about rising utility costs. ✅ Environmentally friendly – Reduce your carbon footprint by using clean energy.
At BrightEra Energy LifeStyle, we provide cutting-edge smart solar solutions designed to maximize your savings and efficiency.
Conclusion
Orlando’s sunshine, combined with excellent solar incentives, makes solar energy a worthwhile investment for homeowners. With significant cost savings, tax benefits, and a positive environmental impact, switching to solar is a smart financial decision.
If you’re considering solar for your Orlando home, BrightEra Energy LifeStyle is here to guide you every step of the way. Contact us today for a free consultation and see how much you can save!
FAQ
1. How much does solar save per year in Orlando?
On average, Orlando homeowners save $1,500 to $2,000 per year on electricity after installing solar panels.
2. How long do solar panels last?
Most solar panels last 25-30 years, with warranties ensuring efficiency for decades.
3. Can solar panels increase my home value?
Yes! Studies show that homes with solar panels sell for 4-6% more than those without.
4. What happens during cloudy or rainy days?
Solar panels still generate energy in low-light conditions, and net metering ensures you benefit even when the sun isn’t shining.
5. Is financing available for solar installations?
Yes! Many options, including PACE financing, solar loans, and leasing, make going solar affordable.
Don’t wait, request a free, no-obligation consultation with a solar expert today. tel:8778058528