Benefits of Solar Energy
Solar energy offers numerous advantages that will enhance your home for years to come.
- Better energy independence: Solar panels can keep your home functioning through emergencies and blackouts. You can use your solar energy anytime with optional battery backup.
- Reduced carbon footprint: The sun is one of the universe's most abundant clean energy sources, meaning you can minimize or conquer your home's dependence on fossil fuels.
- Reduced energy costs: Sourcing some or all of your own electricity will spend less on electricity long-term.
What Solar Incentives Are Available to Orlando Homeowners?
Governments and utilities often incentivize homeowners for embracing solar. Here are some of the rebates, tax credits or other programs you could qualify for.
Incentive Type: Sales Tax Incentive
Incentive Type: Property Tax Incentive
Residential: 100% of the added value
Non-Residential: 80% of the added value
Incentive Type: Rebate ProgramWebsite: ouc.com
Window Film or Solar Screen: $0.55 per sq. ft.
Energy Star Windows: $1.50 per sq. ft.
Ceiling Insulation Upgrade: $0.10 per sq. ft.
Heat Pump: $90-$1,630 per unit
Duct Repair/Replacement: 100% of cost up to $100
A/C Proper Sizing w/ R-30 Attic Insulation: $90
Energy Star Heat Pump Water Heater: 100% of cost up to $500
Solar Thermal Water Heater: 100% of cost, up to $900
Solar PV System Battery: $2,000
Incentive Type: Performance-Based IncentiveWebsite: ouc.com
Solar Therm: $900 rebate
Incentive Type: Personal Tax CreditWebsite: ecowatch.com
30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.
How To Choose the Best Solar Company in Orlando
The cost and efficiency of solar panels often hinge on which company mounted them. Consider each of these elements in your business search.
Licensing and Training
Once an electrical professional in Florida has four years of field experience, including one year as an apprentice, they can pass two exams to earn a CV license with the Florida Construction Industry Licensing Board. The Sunshine State also allows electrical contractors to install solar panels, but they may need to subcontract some tasks to a licensed roofer. Check a company's website for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), one of the solar sector's most credible trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.
Cost of Solar Panels in Orlando
The style of solar panels you select dictates how much electricity you can generate. Monocrystalline panels cost more but give you the best performance. Polycrystalline panels produce less power, but they're worth it if you want a traditional panel style without the high cost. Thin-film panels aren't the best for large residential installations, but they are excellent accessories for non-traditional roofs.
Additional system add-ons, such as electric vehicle (EV) chargers and battery storage, will increase your overall costs. However, they might make your solar system more efficient and convenient to use. Not every solar contractor provides these additional features, so look for a provider that sells them if it's essential for you.
You can expect to pay about $16,050 on average for a five-kilowatt solar energy system in Orlando. Check the table in this section to get an idea of the amount Orlando solar companies might quote for your specific system.
|Solar Panel Cost
|Solar Home EV Charger
Financing Solar Energy in Orlando
Choosing the best financing solution will impact your overall solar system cost and potential savings. Common payment options include cash payments, leases, power purchase agreements, and loans. We suggest making a cash payment or using a solar loan for the highest return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also have full ownership of your system and can apply for solar incentives to minimize your total costs. Solar loans are another solid option if you don’t want to make a big initial investment. You can pay for your system in installments while still enjoying energy bill savings and solar incentives. However, you’ll spend more in total due to accruing interest. Solar leases allow you to rent your panels for a set monthly rate, while PPAs let you pay only for the energy you use, much like an electric bill. Both options disqualify you for solar incentives and do not provide you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. Look for companies that offer two or more payment plans to find the right fit for your financial needs.
The table below lists the average payback periods for different capacities of solar systems in Orlando.
A 26% federal tax credit applies to recently-purchased solar equipment purchased through 2032. Further incentives may be available through city and state governments, usually in the form of rebates and special financing programs.
|Solar System Capacity
|Estimated Payback period
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Frequently Asked Questions About Solar in Orlando
How much energy and money could I save per year by switching to solar?
Is solar energy readily available in Orlando?
Should I expect a property value increase after going solar?
How long will a standard solar system last?
What's the average solar system size in Orlando?
How long does it take to pay back a solar loan in Orlando?
What is "net metering," and how does it work?
Some states or utilities require you to participate in net metering when installing your solar system, while others give you a choice. Either way, once you join, you'll get a check or bill credit for your excess generation at a wholesale or retail rate.
How are a solar lease and PPA different?
If you choose a lease, you'll make set payments each month.
With both leases and PPAs, you do not own your panels and lose eligibility for most incentives. Further, you'll have to "buy out" or transfer the contract if you sell your home during the term.
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