Commercial Solar in Florida: Complete ROI Guide (2025)Is Solar Worth It? Here's the Math
π Quick Answer
- β’ Average payback: 5-8 years (with incentives)
- β’ 25-year ROI: 300-600% (depending on usage)
- β’ Federal ITC: 30% tax credit (through 2032)
- β’ Net metering: Available with Duke, FPL, TECO
- β’ Typical system cost: $2.50-$3.50 per watt installed
- β’ Best for: High daytime usage, large roof space, stable business
- β’ Not ideal for: Heavy shading, small loads, uncertain future
Florida businesses face a critical question: Should we invest in commercial solar?With electricity costs averaging $0.11-$0.13 per kWh and the 30% federal tax credit extended through 2032, solar economics have never been more attractive.
But the real answer isn't one-size-fits-all. This comprehensive guide provides actual ROI calculations, 10 real Florida case studies, utility-specific net metering rates, and honest assessments of when solar makes senseβand when it doesn't.
π‘ Real Example: Orlando Distribution Center
Company: 85,000 sqft warehouse, Orlando (Duke Energy territory)
Annual electricity cost: $108,000 (900,000 kWh @ $0.12/kWh)
System installed: 250 kW rooftop solar
System cost: $725,000 ($2.90/watt installed)
Federal ITC (30%): $217,500
Accelerated depreciation (MACRS): $145,000 tax benefit
Duke Energy rebate: $12,500
Total incentives: $375,000 (52% of cost)
Net system cost: $350,000
Annual solar production: 365,000 kWh (40% of usage)
Annual savings: $43,800
Simple payback: 8.0 years
25-year total savings: $950,000 (271% ROI)
In this guide, you'll learn:
- β Complete solar ROI math for Florida businesses
- β Net metering rates for Duke, FPL, and TECO
- β How the 30% ITC + MACRS depreciation work
- β 10 case studies across different industries
- β Solar + battery storage economics
- β Financing options (cash, loan, PPA, lease)
- β When solar makes sense (and when it doesn't)
- β How to select a solar installer
Get Your Free Solar Feasibility Analysis
Upload your Florida electric bill and get instant analysis showing if solar makes sense for your business.
πΈ Upload Bill for Solar Analysis (Free) ββ Free β’ β Instant ROI calculation β’ β Utility-specific analysis β’ β PowerAuditor.ai
βοΈIs Commercial Solar Worth It in Florida?
Short answer: Usually yes, IF you have the right conditions. Florida's combination of high solar irradiance (5.0-5.5 peak sun hours daily), 30% federal tax credit, net metering, and moderate electricity rates creates 5-8 year payback periods for most commercial installations.
Florida Solar Advantages
β Why Florida is Great for Solar
- β’ Excellent solar resource: 5.0-5.5 PSH (peak sun hours) daily
- β’ 30% federal ITC: Reduces system cost by 30% immediately
- β’ Net metering: All 3 major utilities offer it
- β’ Property tax exemption: Solar doesn't increase property tax
- β’ Sales tax exemption: No state sales tax on commercial solar
- β’ MACRS depreciation: Additional 26% tax benefit over 5 years
- β’ Rising electricity rates: 3-5% annual increases improve ROI
β οΈ Florida Solar Challenges
- β’ Hurricane risk: Systems must meet strict wind codes
- β’ Lower electricity rates: Than CA/NY (but still good ROI)
- β’ Humidity/corrosion: Coastal installations need special care
- β’ Afternoon storms: Summer thunderstorms reduce peak production
- β’ No state solar incentives: (Federal ITC makes up for it)
- β’ Flat roofs common: May need ballasted systems (more expensive)
Typical Florida Commercial Solar Economics
| System Size | Cost (Installed) | After ITC | Annual Production | Payback |
|---|---|---|---|---|
| 50 kW | $150,000 | $105,000 | 73,000 kWh | 6-7 years |
| 100 kW | $280,000 | $196,000 | 146,000 kWh | 6-8 years |
| 250 kW | $650,000 | $455,000 | 365,000 kWh | 5-7 years |
| 500 kW | $1,250,000 | $875,000 | 730,000 kWh | 5-6 years |
π° Key Insight: Economies of Scale
Larger systems have lower per-watt costs ($2.50/W for 500kW vs $3.00/W for 50kW) and faster paybacks. If your business uses 150,000+ kWh annually and has 10,000+ sqft of roof space, solar economics are typically very favorable.
Frequently Asked Questions
What's the typical payback period for Florida commercial solar?
5-8 years with federal incentives. Larger systems (250kW+) typically achieve 5-6 year paybacks, while smaller systems (50-100kW) take 6-8 years. This assumes 30% ITC + MACRS depreciation, good solar exposure, and net metering. Without incentives, payback would be 12-16 years.
Does Florida have state solar incentives for businesses?
Florida has no direct state solar rebates, but offers property tax exemption (solar doesn't increase property taxes) and sales tax exemption on solar equipment. The federal 30% ITC more than compensates for lack of state rebates. Some utilities offer small interconnection incentives.
How does PowerAuditor.ai analyze solar feasibility?
PowerAuditor.ai uses your electric bill to:
- β’ Calculate optimal system size based on usage patterns
- β’ Estimate solar production for your location
- β’ Calculate 30% ITC + MACRS depreciation benefits
- β’ Apply utility-specific net metering rates (Duke/FPL/TECO)
- β’ Project 25-year savings and payback period
- β’ Compare cash vs financed options
- β’ Identify if roof size/orientation works for solar
Should I get solar + battery storage in Florida?
Depends on your priorities. Battery storage adds $300-500/kWh ($30k-$100k+ total), which significantly extends payback. Get batteries if: (1) You need backup power for critical operations, (2) You have high demand charges you can reduce, or (3) Your utility has terrible net metering. For most Florida businesses with good net metering, solar-only is better ROI.
Related Energy Resources
How to Reduce Business Electricity Costs 15-40%
Complete guide with 5 proven strategies including solar + efficiency upgrades.
Read Guide βUtility RebatesDuke Energy Commercial Rebates 2025
Combine solar with Duke's $10k-$50k efficiency rebates for maximum savings.
View Rebates βFPL ProgramsFPL Business Energy Programs 2025
FPL SolarTogether program + net metering for Miami, Palm Beach businesses.
Learn More βShould Your Business Go Solar?
Upload your Florida electric bill and get instant solar feasibility analysis with custom ROI calculations.
πΈ Get Free Solar Analysis ββ Free AI analysis β’ β Instant ROI β’ β All utilities β’ β PowerAuditor.ai