Is Solar Energy Worth It In Florida

If you have enough to make a purchase in cash you ll save more than with any other option but even with a 0 down solar loan your savings could still be in the tens of thousands.

Is solar energy worth it in florida.

But that s not the case. Is solar worth it in florida. Based on the price of electricity in florida an average of 0 11 per kw and high amounts of sun 10 more than average compared to other states solar power is 5 more cost effective than the rest of the nation. You might think that owning a solar system would ensure 24 7 access to electric power even when the grid goes down from hurricanes or other disasters or accidents.

While solar leases and power purchase. The sunshine state has seen a recent boom in solar panel installations as more homeowners become aware of the huge savings solar energy offers. Solar energy is the state s most abundant energy resource and estimates have placed the state s potential at 2 902 gw which would produce about 5 274 479 gwh an amount much larger than the state and countries s total electricity consumption of 231 210 gwh and 4 125 060 gwh in 2010. Florida receives ample sunlight year round.

With all that in mind solar has the capacity to help you save a significant amount of money on your already high utility bills. The combination of federal incentives and utility programs alongside florida s property assessed clean energy pace program has made solar more affordable than ever before. Solar prices near you fl incentives best installers near you is solar worth it in fl solar power prices savings and payback in your part of florida the average cost for an installed residential solar system in florida is currently 10 718 after claiming the 26 federal solar tax credit. Florida is one of only two states with no potential for conventional wind power the.

Florida s climate is uniquely suited to taking on solar energy as a main source of renewable energy. Solar source technician jason breaux is tethered to the roof of a house in dunedin florida during a solar panel installation. A proposed amendment in florida would finally allow third party leasing in the state but it also contains language that would allow utility companies to charge solar panel consumers extra. Chris zuppa the penny hoarder.

These agreements are prevented in florida by legal language that states any entity that buys or sells energy is a public utility subject to regulations that third party solar vendors are. Solar in florida simply makes sense. The combination of federal incentives and utility programs alongside florida s property assessed clean energy pace program has made solar more affordable than ever before.