SOLAR HAS A LOWER COST OF ENERGY
16.5¢
Utility Power
per kWh
5¢
Solar
per kWh
The average cost of power from a typical solar system installed on a home in Florida over 25 years is 5¢/kWh.
Average cost of utility power over 25 years is 16.5 ¢/kWh. Solar is a far less expensive way to power your home in Florida over the long term.*
*Calculated by the average cost of utility power by assuming the current FPL electric rates will rise each year at a compound rate of 3.5%. Actual inflation may vary but either way solar is a clearly better choice.
The two biggest advantages available to Florida residents are the 26% solar tax credit and net metering.
THERE ARE TAX INCENTIVES
30%
Tax
Credit
of the cost of installed solar panel system
$0
Sales
Tax
You will not have to pay sales tax when you buy your solar energy system, thanks to the Solar and CHP Sales Tax Exemption.
$0
Property Tax Increase
With Florida’s Property Tax Exclusion for Residential Renewable Energy Property, your solar energy system will NOT result in an increase in property tax.
UNDERSTANDING NET METERING
INCREASE THE VALUE OF YOUR HOME
4%
IN FLORIDA
4.6%
IN ORLANDO, FLORIDA
While the solar premium for the state of Florida is 4%, it increases to 4.6% in Orlando, Florida.
ENVIRONMENTAL BENEFITS
