Florida Solar Customers Save $1,500/Year as Power Rates Hit Record Highs

PES Solar: 52,000 Florida Homes Save $1,500+ Yearly on Power Bills

Longwood, United States – April 27, 2026 / PES Solar /

Florida homeowners who installed solar panels are saving an average of $1,400 to $1,800 per year on electricity bills — and those savings are growing as utility rates across the state hit record highs. That’s the finding reported today by PES Solar, a Florida solar installation company with more than 20 years of experience and over 52,000 completed installations statewide.

According to U.S. Energy Information Administration (EIA) data, Florida’s residential electricity rate reached 15.02 cents per kilowatt-hour in December 2025 — up from 14.19 cents per kWh a year earlier, and representing a climb of roughly 26% between 2020 and 2024. The average Florida household now pays approximately $166 per month for electricity, with consumption typically running 24% above the national average due to year-round air-conditioning demand.

Approved FPL Rate Settlement Takes Effect Through 2029

The rate environment grew more challenging for homeowners at the start of 2026. On November 20, 2025, the Florida Public Service Commission (PSC) approved a four-year rate settlement with Florida Power & Light, the state’s largest utility, which serves approximately 12 million Floridians. Under the approved agreement — which took effect January 1, 2026 — a typical 1,000-kWh residential bill in most of Florida rises by $2.50 per month in 2026, with additional base-rate increases scheduled through 2029 and separate charges for solar and battery-storage projects built into later years. Fuel surcharges, storm recovery fees, and grid modernization costs, which fall outside the base rate, are also subject to adjustment.

“The conversation with Florida homeowners has shifted,” said Austin Miller, owner of PES Solar. “Five years ago, most of our customers came to us to explore solar. Today, many of them come to us because they’ve already run the math on their rising bills and they’re looking for a way out.”

What Florida Solar Is Delivering in 2026

Based on industry benchmarks and internal installation data, PES Solar reports the following performance figures for typical Florida residential solar installations:

Annual electricity savings: $1,400 to $1,800 per household, based on a 9–10 kW system offsetting average Florida consumption of approximately 1,100 kWh per month
Lifetime savings: $20,000 to $80,000 per home over 25 years, depending on system size, local rates, and future utility rate trajectory
Payback period: 8 to 10 years with the federal Solar Investment Tax Credit applied; longer without
Florida’s standing: 2nd in the U.S. for residential solar installations, with more than 220,000 systems installed statewide in 2024 alone
Peak sun exposure: Florida averages 5.67 peak sun hours per day — among the highest in the continental United States

Florida’s Solar Advantage: Tax Exemptions and Net Metering

Florida remains one of the most financially favorable states for residential solar, thanks to a combination of state-level exemptions and utility-level programs:

Home Solar Sales Tax Exemption (Florida Statutes §212.08(7)(hh)): solar energy equipment is exempt from the state’s 6% sales tax, reducing the upfront cost of installation
Solar System Property Tax Exemption (Florida Statutes §193.624): the value added to a home by a solar installation is excluded from the property’s taxable assessed value
Net metering: Florida continues to offer 1:1 net metering for most residential customers, crediting excess solar production exported to the grid at full retail value
Federal tax incentives: residential solar and battery storage systems may qualify for the Federal Solar Investment Tax Credit, depending on installation date and filing eligibility
$0-down financing: PES Solar offers zero-down financing options that allow qualifying homeowners to install solar with no upfront payment

Central Florida and Orlando Lead Installation Growth

PES Solar, headquartered in Longwood just north of Orlando, has seen particularly strong installation growth across Central Florida — a region served by multiple utilities including Duke Energy Florida, Orlando Utilities Commission, and Florida Power & Light. Homeowners in Orlando, Winter Park, Altamonte Springs, Sanford, and The Villages make up a substantial share of the company’s 52,000-system installation base.

Central Florida homeowners can learn about solar installation in Orlando, Florida and request a free estimate directly from PES Solar’s local team.

Long-Term Financial Case Strengthening

Beyond immediate savings, solar is increasingly viewed by Florida homeowners as a financial hedge against long-term utility rate volatility. A typical installed system locks in the owner’s effective electricity cost for 25 years or more, providing predictability in a state where rates have climbed for six consecutive years and a four-year FPL rate settlement has now locked in additional base-rate increases through 2029.

“Homeowners aren’t just buying panels — they’re buying a fixed energy cost for the next quarter-century,” said Miller. “When your utility just locked in a four-year rate-increase schedule, being able to lock in your own rate today is worth something you can’t put a number on.”

Florida homeowners can request a free solar estimate from a Florida solar installation company with more than 20 years of in-state experience by calling (800) 650-6519.

About PES Solar

PES Solar is a Florida solar installation company headquartered in Longwood, Florida, serving residential and commercial customers statewide. With more than 20 years in the solar industry, 150-plus W-2 employees, and over 52,000 completed installations representing more than 57 million watts of installed capacity, PES Solar is a Platinum Dealer for REC Solar Panels, a Certified Tesla Powerwall Installer, a Certified Generac Generator Dealer, and a Certified Aeroseal Dealer. The company holds Florida electrical contractor licenses #EC13001686 and #ECU.33910 and offers $0-down financing on qualifying solar systems. Learn more at https://proesolar.com/.

Media Contact

PES Solar

685 S Ronald Reagan Blvd

Longwood, FL 32750

Phone: (800) 650-6519

Email: info@proesolar.com

Web: https://proesolar.com/