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Are you trying to find a way to save money on your Florida home energy bills? Maybe you’ve heard about the benefits of solar energy but are still not sure if it’s the right choice for you.
There are many benefits to using solar panels in Florida, but there are also plenty of details to consider before you choose a residential solar system. Here are some considerations for you to make before you pay a single dime.
Solar Panels in Florida: Am I Ready?
Finding the right solar system for your home means doing your homework ahead of time. Here is what you should consider before investing in solar energy for your home.
Can Solar Panels Work With My Roof Design?
Solar panels work on roofs that measure 200 square feet or more. Rooftops should be clear from any tree or chimney shadows. A house that faces the south, southwest, or southeast direction will produce the most energy.
How Much Will A Residential Solar System Cost?
This information helps you decide if your costs for the system today are lower or higher than what you expect your electric bills will be in the future. Buying solar cells and other installation fees depends on which solar power company you hire.
Take advantage of any solar energy company that offers free quotes to find the right system and price for your home. For example, contact the professionals at Blue Raven Solar at blueravensolar.com/florida/. They can show you how you can increase your savings without any upfront costs.
Can I Finance Residential Solar System Costs?
Solar panel installation isn’t cheap. Six-kilowatt solar panel systems — a common size for single-family homes — can range between $16,000 and $21,000. If you can’t afford to pay for solar panel designs upfront, you might be eligible for a solar loan option to help cover your costs.
Another financing vehicle that might work for you are solar leases or power purchase agreements (PPA.) Leases and PPAs allow you to rent your solar panel system from a leasing company. You’re entitled to the energy the solar panels generate and the solar leasing company enjoys any tax breaks or other financial incentives.
Are There Governmental Residential Solar Financial Incentives?
A homeowner can claim federal tax credits worth 30% of their residential solar power installation fees when their taxes are due. There are also state tax credits available for residential solar systems. Find what credits and incentives your state offers from this database on incentives for efficiency and renewables.
Next Steps: Talk to a Pro
Are you ready to make your residential solar panels in Florida a reality? If so, do your homework first. Go to an online solar calculator that calculates any long-term savings you might realize.
When it’s time to collect pricing, call a few solar installation companies that are certified by the North American Board of Certified Energy Practitioners. Compare their options to find a plan that fits your residential solar budget.
You can also find more helpful resources on our website for other home cost-savings ideas. There are so many financial decisions in life to make. Let us help you maximize your savings!