Are you tired of skyrocketing electricity bills and eager to reduce your carbon footprint? Switching to solar energy can seem daunting and expensive at first glance. However, installing solar panels on your Orlando home or business is a smart investment that saves you money in the long run while protecting the planet. In this comprehensive guide, we’ll provide all the information you need to confidently go solar in The City Beautiful.
Introduction
Orlando has set an ambitious goal of 100% clean and renewable energy sources by 2050. The city’s ideal climate, with an average of 233 sunny days per year, makes it an excellent location for harnessing solar power. Going solar not only helps Orlando reach its sustainability targets but also allows residents to save on their energy costs and reduce their environmental impact.
Solar System Installation Costs in Orlando
One of the first questions on any potential solar adopter’s mind is, “How much will it cost?” In Orlando, the average price per watt in 2024 ranges from $2.38 to $2.59. For a typical residential system between 4 and 10 kilowatts (kW), you can expect to pay anywhere from $10,000 to $26,000 before incentives.
It’s important to note that solar costs in Florida have decreased by 42% over the past decade, making solar more affordable than ever. Comparing quotes from multiple installers can also lead to savings of up to 20%.
Several factors influence the total cost of your solar installation:
- System size: Larger systems require more panels and equipment, increasing the overall price.
- Panel material: Monocrystalline panels are more efficient but also more expensive than polycrystalline options.
- Application: Commercial installations often have higher upfront costs due to their scale and complexity compared to residential systems.
- Labor: Installation labor costs can vary depending on the installer’s experience, the complexity of your roof, and the system’s size.
Typical System Sizes and Costs
To give you a better idea of what to expect, here’s a breakdown of common system sizes, the number of panels required, and their approximate costs:
| System Size | Number of Panels | Approximate Cost |
|---|---|---|
| 4kW | 16 | $10,000-$11,000 |
| 5kW | 20 | $12,000-$13,000 |
| 6kW | 24 | $15,000-$16,000 |
| 7kW | 28 | $17,000-$18,000 |
| 8kW | Up to 30 | $20,000-$21,000 |
| 9kW | 28-36 | $22,000-$23,000 |
| 10kW | 31-40 | $25,000-$26,000 |
Keep in mind that these are rough estimates, and your actual costs may vary based on the factors mentioned earlier. However, don’t let these numbers discourage you – there are numerous incentives and financing options available to make going solar more affordable.
Solar Incentives, Tax Credits & Rebates in Orlando
Fortunately, there are several incentives, tax credits, and rebates available to Orlando residents and businesses looking to install solar panels. These programs can significantly reduce the upfront cost of your investment.
Federal Investment Tax Credit (ITC)
The most substantial incentive is the Federal Investment Tax Credit (ITC), which allows you to deduct 30% of your total system cost from your federal taxes. For example, if your solar installation costs $20,000, you can claim a $6,000 credit on your tax return. This incentive is available through 2032, but it will decrease to 26% in 2033 and 22% in 2034 before expiring, so acting sooner rather than later is wise.
Florida’s Property Tax Exclusion
In Florida, any increase in home value resulting from solar panel installation is exempt from property taxes. This means you can enjoy the benefits of a more valuable home without paying higher taxes.
Net Metering
Orlando utilities offer net metering, which allows you to sell any excess energy your solar panels produce back to the grid at retail rates. This means your meter will spin backward when you generate more electricity than you consume, offsetting your future energy bills.
System Costs After Applying the 30% ITC
To illustrate the impact of the Federal ITC, here’s what you can expect to pay for various system sizes after applying the 30% tax credit:
| System Size | Number of Panels | Cost After ITC |
|---|---|---|
| 4kW | 16 | $7,400-$8,140 |
| 5kW | 20 | $8,800-$9,620 |
| 6kW | 24 | $11,000-$11,840 |
| 7kW | 28 | $12,580-$13,320 |
| 8kW | Up to 30 | $14,800-$15,540 |
| 9kW | 28-36 | $16,280-$17,020 |
| 10kW | 31-40 | $18,500-$19,240 |
As you can see, the ITC significantly reduces the net cost of your solar installation, making it a much more affordable investment.
What to Know When Installing Solar Panels in Orlando
Before you dive into your solar project, there are several key factors to consider that can impact your system’s performance and longevity.
Optimal Positioning
To maximize your solar panels’ efficiency, it’s crucial to position them correctly. In Orlando, the ideal orientation is south-facing, as this allows your panels to capture the most sunlight throughout the day.
The optimal tilt angle for your panels depends on how often you plan to adjust them:
- Fixed: If you opt for a fixed-tilt system, the best angle is 24.5° year-round.
- Adjusted 2x/year: If you adjust your panels twice a year, aim for 5.5° in the summer and 40° in the winter.
- Adjusted 4x/year: For quarterly adjustments, use 25.5° in spring and fall, 2° in summer, and 50° in winter.
Your solar installer will handle the necessary permits and provide guidance on the best positioning and maintenance practices for your specific situation.
Top Solar Companies in Orlando
Choosing the right solar installer is crucial for ensuring your system performs optimally and provides the best return on your investment. Here are some of the top solar panel companies serving the Orlando area:
| Company | Rating | Financing | Warranty |
|---|---|---|---|
| Advanced Green Technologies | 5.0 | Yes | 25 years |
| PES Solar | 4.8 | Yes | 25 years |
| Solar Bear | 4.7 | Yes | 25 years |
| SunVena | 4.6 | Yes | 25 years |
| IQ Power | 4.5 | Yes | 25 years |
| Solar Ray | 4.4 | Yes | 25 years |
| Goldin Solar | 4.3 | Yes | 25 years |
When selecting an installer, be sure to read reviews, compare warranties, and request quotes from multiple providers to find the best fit for your needs and budget. Look for companies with NABCEP accreditation and experience installing battery storage systems for backup power during hurricane season.
Conclusion
Orlando’s ideal climate, combined with attractive incentives and a range of reputable installers, makes solar energy an affordable and smart investment for homeowners and businesses alike. By choosing to go solar, you not only save money on your long-term energy costs but also contribute to a cleaner, more sustainable future for our planet.
Remember, the key to a successful solar installation is working with a reputable installer who can guide you through the process, help you maximize your incentives, and ensure your system performs optimally for decades to come.
So, what are you waiting for? Get started today by comparing free quotes from pre-screened installers near you on marketplaces like EnergySage.