Does it surprise you that although Florida has the third-highest energy production potential from solar power, it ranks in actual solar adoption or installation amongst the states? However, adoption has picked up significantly in recent years for homeowners, and Florida ranks in homeowner or rooftop solar adoption in the country. If you have considered installing solar panels on your Florida home, you should understand why its potential is so high.
Florida
Despite its abundant sunshine, up to 240 days every year, Florida Power and Light only receives .06% of its energy from solar. However, the amount of sunshine and its intensity increase solar energy systems efficiency significantly.
Florida also has net metering policies that favor those with solar power production capacity. You can actually sell your excess energy back to the local utility company, which can reduce your costs further.
Growing Support for Renewable Energy
Every year, more people adopt solar power systems. In Florida, adoption has seen a five-year increase of 1,106%. Due to its reduced environmental impact and renewability, solar energy has a strong following. Homeowners and business owners also appreciate the prospect of energy savings and increasing property values, while the government sees solar as one way to reduce dependence on foreign energy sources.
Municipalities see solar power as investments in the community and see the benefits of increased power generation for the grid, reducing blackouts and brownouts during times when significant energy gets used, such as during hot or cold days, when air conditioners and heaters come on more frequently.
Energy Bill Reductions
Due to their efficiency in Florida, a well-planned solar panel system could save you up to $1,500 per year or more on your energy bills. On average, Florida families save more than $130 per month on electricity. Before you search for solar installers near me, you should understand the other benefits.
State Incentives
The Federal government offers a 30% tax incentive, where you can take 30% of the cost of your solar system off on your income taxes. The State of Florida has grant programs that offer rebates to reduce your installation and equipment costs.
In addition, Florida has lending programs that offer favorable terms, some without a credit check. You also don’t have to pay sales taxes on your equipment, and you can receive a 100% exemption on your property taxes as a homeowner and an 80% exemption for non-residential properties.
Some communities also offer incentives, such as grants based on kWh production, improved loan terms and rebates for specific system sizes.
Favorable Financing
Florida provides loan options you could not find otherwise. For example, you can receive fixed interest without credit checks, no money down options, low interest rates of 5-9%, low-balance loans and crowdfunding options for females and veterans. If you choose to finance your system, you could pay a loan payment each month that could cost you monthly, so you should understand this financial commitment.
As you speak with solar panel companies, define your savings goals and learn about all the benefits of installing solar power in Florida.
Media info,
Contact Person, David
Organization, Freedom Solar Power
Email, info@freedomsolarpower.com
Website, https://freedomsolarpower.com
Adress, Florida, USA
