State Overview

Florida

National Solar Capacity Ranking: 3rd

Data Current Through: Q3 2024

 

Florida State Solar Overview

Florida’s solar policies have lagged behind other states: it has no renewable portfolio standard and does not allow power purchase agreements, two policies that have driven investments in solar in other states. However, due to utility investments in clean energy and other recent developments, significant growth is on the horizon.

SEIA Florida State Policy Priorities

SEIA will work to advance competition in the Investor-owned Utilities solar-only Base Rate Adjustment filing to ensure pro-solar outcomes.

SEIA participated as an expert witness in the Tampa Electric Company permit hearing for its Big Bend Modernization natural gas project by submitting testimony on the benefits of the company pursuing solar and solar + storage to delay or replace the need for more natural gas.

Official SEIA State Affiliate

FlaSEIA

 

Just The Facts

  • Solar Installed (MW):

    17,055

  • National Ranking:

    3rd (3rd in 2023)

  • Enough Solar Installed to Power:

    2,048,824 homes

  • Percentage of State's Electricity from Solar:

    8.15%

  • Solar Jobs:

    14,108

  • Solar Companies in State:

    512 (70 Manufacturers, 253 Installers/Developers, 189 Others)

  • Total Solar Investment in State:

    $24.5 billion

  • Prices have fallen:

    37% over the last 10 years

  • Growth Projection and Ranking:

    19367 MW over the next 5 years (ranks 3rd)

  • Number of Installations:

    253,970

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Florida State Solar Policy Resources

Florida Energy Storage Policy and Market Overview

Florida is a leader in the energy storage charge. The state has a robust capacity for large-scale solar-plus-storage systems. Despite astounding success in solar-plus-storage system deployment, BTM installations lag in Sunshine State. A comprehensive deployment of battery storage across all sectors is a critical grid solution to provide backup power, grid resiliency, and affordability in storm-prone Florida.

Like other state markets in the Southeast, utility action is leading Florida’s energy storage growth. In 2024, the largest state utility, Florida Power and Light Company (FPL), issued a 10-year site plan. FPL outlined progress and plans for battery storage and DERs. The utility doubled its previous capacity plans and is aiming for 4 GW of energy storage by 2033. The utility currently leads the state storage market with a capacity of 520 MW out of the state’s total 560 MW of storage.

The storage market in Florida is in the optimal position to spur grid-scale deployment that can support the growth of the storage market. Despite the absence of BTM energy storage policy, the market is one of the strongest in the nation and will grow as solar and storage continue to develop an intrinsic relationship.

 

Florida Energy Storage Policy Resources

  • DSIRE Florida Energy Storage Policy Database – Clearinghouse for financial incentives, regulations, and rebates for energy storage and lithium-ion technologies in Florida and across the United States.
  • Energy Storage Cost in Florida – Up-to-date storage and solar-plus-storage pricing and find installers in Florida on EnergySage.
  • Florida State Legislature – Pending, passed, and historical legislation affecting energy storage and battery systems, locate and contact individual legislators, and stay up to date on current legislative issues in Florida.
  • Florida Public Service Commission – Governing body that regulates the electricity rates and services of Florida public utilities, search for regulatory dockets, programs, and initiatives.