Orlando’s Energy Prices are Climbing: How Solar Can Help You Lower Costs

Customer's solar panel system installed in Winter Springs, FL

Energy prices have steadily increased in Orlando over the years, and 2024 is no exception. Millions of utility customers will have increased electric bills in April due to hurricane costs and higher-than-expected natural gas prices last year. Solar energy is a solution to this problem that can help Orlando residents save money and reduce their carbon footprint. 

By harnessing the sun’s power, homeowners can generate their own electricity and reduce their reliance on the grid. In this blog post, we will explore how solar energy can help lower energy costs in Orlando and the steps you can take to go solar.

Why Do Energy Prices Keep Increasing?

Several factors have contributed to the rising energy prices in Orlando:

  • Higher Demand: One of the main factors is the increasing electricity demand, driven by the growing population and economy of the city. As more people move to Orlando and more businesses open, the electricity demand increases, putting pressure on the power grid and increasing prices.
  • Maintaining the Power Grid: Another factor is the power grid’s cost. As the infrastructure ages and requires more maintenance, the cost of keeping the grid running smoothly also increases.
  • Reliance on non-renewable energy sources: Non-renewable sources such as coal and natural gas are subject to price fluctuations in the market, which can cause energy prices to increase.
  • Inflation: If energy production costs increase or the currency in which energy is priced weakens, it becomes more expensive for consumers, and those costs are passed on to consumers through higher prices. This can be due to rising labor costs, environmental regulations, or depletion of easily accessible resources.

Orlando’s energy prices continue to climb. On average, residents in Orlando spend about $356 monthly on electricity, up to $4,272 per year.

3 Ways To Keep Your Energy Bill Low

Orlando residents and businesses can take several steps to address the issue of rising energy costs. 

  1. Solar Panel installation in Orlando: Installing solar panels on your home effectively reduces energy costs and locks in your energy costs. Solar panels convert sunlight into electricity, powering your home and reducing your dependence on the grid. Solar can significantly reduce energy bills, especially in a sunny area like Orlando. Many companies offer solar installation services and provide financing options for homeowners.
  2. Improve Energy Efficiency: Improving energy efficiency at home is another effective way to reduce energy costs. Seal air leaks, add insulation, upgrade to energy-efficient appliances and lighting, and use programmable thermostats.
  3. Reduce Energy Consumption: Reducing energy consumption by adopting energy-saving habits such as turning off lights when not in use, unplugging electronics when not in use, and using natural light instead of artificial light can significantly reduce energy costs at home.

By installing solar panels, improving energy efficiency, and reducing energy consumption, homeowners can lower their energy bills and contribute to a more sustainable future.

Go Solar with Florida’s Leading Solar Company

As energy costs in Orlando continue to rise, homeowners and businesses increasingly turn to solar power to reduce their energy bills and contribute to a more sustainable future. Installing solar panels is a wise investment that can provide significant long-term savings and help reduce carbon emissions. If you want to learn more about how solar can help lower your energy costs and reduce your carbon footprint, contact SunVena, Florida’s leading solar company. Their team of experts can help you determine if solar is right for you and provide a customized solar solution to fit your needs.