Quick Facts On Florida Solar Industry - Independent Green Technologies

Quick Facts On Florida Solar Industry

Published on May 27th, 2014

Solar panel installations continue to boom in the U.S., and 2013 has been a great year for homeowners who have started to utilize the abundant solar energy to power their homes.

A quick fact, there are now over 13,000 megawatts (MW) of cumulative solar electric capacity operating in the U.S., enough to power more than 2.2 million average American homes.

Over 140,000 new solar installations in the U.S. in 2013 helped bring the nations total to over 445,000 photovoltaic (PV) systems operating today.

It is clear that we are moving into a new era, where we are adapting to cleaner use of energy to power our homes.

Florida has been known as “the sunshine state” because of its sunny, yet humid temperature. The state ranks 3rd in the nation for solar potential, but is ranked all the way down at 17th for solar installations in 2012.

There are 2 main reasons that Florida lags behind other states in the U.S., and they are:

  1. Florida has no renewable portfolio standard
  2. Florida does not allow power purchase agreements

In 2013, $81 million was invested in Florida to install solar panels on homes and businesses, so there is a clear trend in awareness and usage of clean solar energy.

A great fact for Florida homeowners and businesses, is that the average installation price for photovoltaic systems has fallen 28% in 2013, with national prices dropping steadily. It is comparable to the computer, which started off at a very steep price, and dramatically dropped over the years as awareness of its advantages grew.
In the graphic below, you can see that the average installation price for different markets have all shown a downward trend in cost.

Solar Energy Stats

(Image by Solar Energy Industries Association)

Independent Green Technologies is your one-stop shop in Tallahassee, Florida to get answers about utilizing solar energy for your home or business. Call us at 877-IGT-SOLR to get more information on how we can help you reduce your energy bill for your home or business or visit us at www.igtsolar.com

Visit SEIA for more Florida solar energy facts.

Have A Question? Lets Talk:

Contact Form