Florida’s Solar Facts
Florida, “the sunshine state,” ranks third in the nation for rooftop solar potential. As of the beginning of April we ranked 5th nationally from all the way down at 14th for cumulative solar capacity installed 3 years ago. Take a look at the solar facts for Florida listed below, updated through the first quarter of 2019.
Facts on the Florida Solar Industry
- There are currently more than 582 solar companies at work throughout Florida, employing 10,358 people.
- In 2015, Florida installed 41 MW of solar electric capacity, ranking it 16th nationally.
- The 3155.51MW of solar energy currently installed in Florida ranks the state 5th in installed solar capacity. There is enough solar energy installed in the state to power ~345,000 homes.
- In 2019, a total of $4.8 billion was invested on solar installations in Florida.
- Installed solar photovoltaic system prices in the U.S. have dropped steadily- 34% over the last 5 years.
Notable Solar Installations in Florida
- Martin Next Generation Solar Energy Center was completed in 2010 by developer Florida Power and Light Company. This concentrating solar power project has the capacity to generate 75 MW of electricity– enough to power over 8,216 Florida homes.
- Several large retailers in Florida have gone solar, including Florida Museum of Natural History, Ace Hardware, and Whole Foods. IKEA has installed one of the largest corporate photovoltaic systems in the state. Their Tampa location has 1189 kW of solar capacity!
- At 12 MW, Jacksonville Solar Project is among the largest solar installations in Florida. Completed in 2013 by Juwi Solar Inc, this photovoltaic project has enough electric capacity to power more than 1,400 homes.
Solar Companies in Florida
The value chain in Florida is comprised of over 500 companies employing over 10,000 workers. These companies provide a wide variety of solar products and services ranging from solar system installations to the manufacturing of photovoltaic panels. These companies can be broken down across the following categories: 77 manufacturers, 22 manufacturing facilities, 301 contractor/installers, 28 project developers, 35 distributors and 119 engaged in other solar activities including financing, engineering and legal support. We are confident that Coronado Solar provides the best value for your money as a contractor/installer by combining our knowledge gleaned from years as a general contractor and roofing contractor before we began installations of solar panels in 2008.
How much do solar panels cost in Florida?
Solar panel costs have fallen significantly in the last 5 years. Because of this, installing solar panels can be one of the best investments you can make for your home. Also, there are now a lot of products on the market utilizing sophisticated financing vehicles to make solar panels for your home affordable. We would love to get in touch with you about starting your solar journey, click HERE to provide some information so our trained sales team can talk you through your next steps and give you a quote.
Solar rebates and solar tax credits in Florida.
Solar incentives are offered at the utility, county, state and federal level. These solar incentives can take various forms including solar tax credits, up front solar rebates, premium feed in tariffs (known as net metering) or solar production incentives. The eligibility and rules for each incentive program can vary greatly. You can find out what incentives you qualify for by speaking with your local salesman. Click HERE and get started!
All data provided by SEIA