Florida Power & Light (FPL), the largest utility in the state, has announced plans to raise electric rates over the next four years, starting in 2026. These proposed increases could significantly impact monthly bills for homeowners in Boca Raton, Boynton Beach, Delray Beach, Coconut Creek, and beyond. With costs projected to climb due to infrastructure expansion, inflation, and renewable energy investments, now is the time to take control of your energy future by going solar with Bison Roofing and Solar.
Understanding FPL’s Proposed Rate Hikes
FPL’s four-year plan includes:
- A $1.55 billion increase in 2026.
- An additional $930 million increase in 2027.
- Further increases in 2028 and 2029 to fund solar and battery projects.
These hikes are expected to raise customer bills by an average of 2.5% annually from 2025 through 2029. While FPL cites growth and grid reliability as reasons for the increases, these rising costs can strain South Florida homeowners’ budgets.
Why Solar is the Solution
Investing in solar energy is the best way to offset the rising costs of electricity and secure long-term savings. Here’s why switching to solar with Bison Roofing and Solar makes sense:
Immediate Savings on Utility Bills
Solar panels reduce your dependency on grid electricity, helping you avoid the full brunt of FPL’s upcoming rate hikes. In many cases, homeowners can eliminate a significant portion of their energy costs.
Lock in Energy Costs
With solar, you generate your own power, insulating yourself from future rate increases. Instead of unpredictable bills, you’ll have a predictable monthly payment for your solar system if financed.
State Incentives and Federal Tax Credits
Florida offers several incentives for solar installation, and homeowners can take advantage of the federal solar tax credit, which currently provides a 30% deduction on installation costs.
Increase Home Value
Solar panels are a valuable asset that can boost the resale value of your home in desirable areas like Boca Raton, Boynton Beach, and Coconut Creek. Buyers are drawn to energy-efficient homes with lower utility costs.
Environmental Impact
Going solar reduces your carbon footprint and contributes to a cleaner, greener South Florida. As FPL continues to expand its use of renewable energy, homeowners can also take pride in being part of the shift toward sustainability.
Why Choose Bison Roofing and Solar
At Bison Roofing and Solar, we are proud to serve communities across South Florida, including Boca Raton, Delray Beach, Coconut Creek, and Boynton Beach. Here’s what sets us apart:
Customized Solutions: We design systems tailored to your home’s energy needs and roof structure, ensuring optimal efficiency.
Affordable Financing Options: Our partnerships with Ygrene, Renew Finance, and Climate First make solar accessible with low monthly payments.
Expert Installation: With over 16 years of experience, we deliver top-quality installations backed by extensive warranties for peace of mind.
Customer-Focused Approach: We prioritize your satisfaction and long-term savings, guiding you through every step of the process.
Act Now to Beat Rising Rates – Go Solar with Bison Roofing and Solar!
FPL’s rate hikes are a reminder of the importance of taking control of your energy future. By installing solar panels with Bison Roofing and Solar, you can protect your household from escalating electricity costs while contributing to a sustainable future.
Don’t wait for the rate hikes to take effect, schedule your free solar consultation today. Our team will evaluate your energy needs, roof suitability, and financing options to craft the perfect solar solution for your home.
Contact Bison Roofing and Solar now or visit us online to start your solar journey. Let’s work together to make South Florida homes greener, more energy-efficient, and resilient against rising electricity costs.