ROI and payback for solar in Florida
Image link ROI + Payback (Florida Solar) — Real Numbers Scenario 1 — Solar Only (No Battery) Typical Florida numbers: System cost: ~$15,000–$20,000 Annual electric savings: ~$1,400–$1,800/year Payback period: 6–8 years 25-year savings: ~$42,000–$46,000 ROI: ~250%–300% over system life ( Solar ) 👉 This is why solar is considered a good financial investment in Florida — abundant sun and net metering improve returns. ( Solar ) What happens after payoff: After year ~7, your electricity is basically free for 15–20 more years , which is where the real profit comes from. ( EnergySage ) Scenario 2 — Solar + Battery (Storm-Ready System) Typical Florida numbers: System cost: ~$25,000–$35,000 Annual savings: ~$1,500–$2,000 Payback period: 11–13 years 25-year savings: ~$32,500–$35,500 ( Solar ) 👉 Batteries increase resilience , but reduce financial ROI because they add cost but don’t increase energy production. Simple truth: Solar = financial investment Battery = insurance policy The “...
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