Florida homeowners are facing significant changes in their electricity bills as Florida Power & Light (FPL) rolls out expanded time-of-use (TOU) rates across the state. These new rates could increase electricity costs by up to 25% during peak hours, but solar owners are finding themselves uniquely positioned to avoid these higher charges.
Understanding the New Rate Structure
Under FPL’s new TOU pricing, electricity costs vary based on when you use power. Peak hours, typically 4 PM to 9 PM, can cost up to three times more than off-peak rates. For the average Florida home using 1,200 kWh monthly, this could mean an increase of $45-60 in monthly bills without changing energy habits.
However, solar owners are turning this challenge into an opportunity.
How Solar Owners Avoid Peak Rates
Solar systems produce most of their energy during daylight hours, precisely when rates are lower. But the real advantage comes from how solar owners use this production pattern:
- During the day, solar systems generate excess power that’s sent to the grid, earning credits at the current rate.
- These credits offset electricity use during expensive peak hours.
- With battery storage, any excess solar power can be saved for use during peak times.
Real Savings in Action
Our recent customer data shows impressive results. The Johnson family in Tampa saw their average summer electric bill drop from $285 to just $35 after installing solar with battery storage. Their system allows them to avoid almost all peak-rate usage, maximizing their savings under the new rate structure.
Looking Ahead
As utilities continue implementing TOU rates across Florida, solar’s value proposition becomes even stronger. Current solar technology, combined with battery storage, provides a reliable way to avoid peak rates while maintaining comfort and convenience.
The Financial Impact
Consider these numbers:
- Average peak rate increase: 25%
- Typical evening peak usage: 40% of daily consumption
- Solar owners’ average peak grid usage: Less than 10%
This translates to significant long-term savings, especially when combined with Florida’s net metering program and the 30% federal tax credit.
Taking Action
For homeowners considering solar, the timing is crucial. Installing solar before TOU rates expand to your area allows you to:
- Lock in current net metering terms
- Secure available incentives
- Start saving before peak summer rates begin
Understanding your options and acting promptly can help you avoid the impact of rising electricity costs while contributing to a more sustainable Florida.
Ready to avoid peak rates and start saving? Contact Mirasol Solar today for a free consultation and custom savings analysis. With 46 years of Florida solar experience, we’ll help you make the switch to solar simple and profitable.
