Florida has surpassed California in new utility-scale solar installations in 2024, ranking 3rd nationally in total solar capacity. With 18,547 megawatts installed, solar now powers over 2.2 million Florida homes and provides 8.63% of the state’s electricity. This growth stems from abundant sunshine, federal tax incentives, and $26.7 billion in investment. The Sunshine State’s rapid expansion highlights a significant shift in America’s renewable energy landscape.
Florida has emerged as a powerhouse in the nation’s solar energy landscape, now ranking 3rd in total solar capacity across the United States. With 18,547 megawatts of installed capacity, solar energy now powers over 2.2 million Florida homes and provides 8.63% of the state’s electricity.
Florida’s meteoric rise to 3rd in U.S. solar capacity is transforming the Sunshine State’s energy landscape and powering millions of homes.
In a remarkable shift, Florida surpassed California in new utility-scale solar capacity in 2024, adding 3 gigawatts of large-scale solar to its power grid. While California maintains its overall lead in solar installations, Florida now holds the second position for residential rooftop installations from 2019-2024 and is expected to maintain this ranking through 2025.
Several factors drive Florida’s solar boom. The state enjoys 230-250 sunny days annually, making it ideal for solar energy production. Federal tax incentives from the Inflation Reduction Act, favorable policies for utility-scale development, and declining installation costs have all contributed to growth. These installations significantly reduce CO2 emissions while providing clean energy throughout the state. Approximately 45% of Floridians live in communities governed by homeowners associations, which may require permission for solar installations. Increasing extreme weather events have also pushed many Floridians toward energy independence.
The economic impact is substantial. Florida’s solar industry has attracted $26.7 billion in investment and created over 14,000 jobs. The state hosts 436 solar companies, including 54 manufacturers and 218 installers and developers.
Solar installation costs have dropped 42% over the past decade, with homeowners typically seeing a payback period of 7.68 years. The significant cost reduction has made solar energy more accessible to a broader range of Florida residents.
Florida Power & Light leads utility involvement, controlling 520 MW of the state’s 560 MW total storage capacity and planning for 4 GW of energy storage by 2033. Utilities are strategically developing 74-75 MW projects to avoid lengthy permitting processes.
Despite having no state renewable energy mandate, Florida offers several incentives that support solar growth. These include sales and property tax exemptions, net metering with credits for excess generation, and access to the federal 30% Investment Tax Credit.
Challenges remain as Florida balances rural land use concerns with solar expansion needs. However, industry experts project continued strong growth, with an additional 13,115 MW capacity expected over the next five years.
