Solar Energy...is it worth it?

SOLAR PANELS - ARE THEY WORTH IT?


As a general rule, solar is worth it in Florida. There are generous electricity buy-back rates. As well as the Florida state sales tax exemption and the property tax exemption. 

Those who install a solar system between 2022 and 2032 will receive a 30% tax credit. That will decrease to 26% for systems installed in 2033 and to 22% for systems installed in 2034. If you’ve already installed a system in 2022, your tax credit has increased from 22% to 30% if you haven’t already claimed it. Thinking about getting solar energy? Fill out the form below. We will put you in touch with a Solar Panel Expert and you can get a $500 credit on US!

More than 60,000 homes in Florida now have solar power because the numbers simply make sense. When sized up properly solar power costs as little as 5 cents a kWh.

Many people are unaware that electricity prices can fluctuate over time. Utilities aren't tied to fixed rates when billing customers for electricity, water, or gas. Installing solar panels effectively sets your electricity bill for the entire period of your reliance on solar power.

If you have a constant income or need to adhere to a tight budget, a fixed, unchanging electricity bill is incredibly valuable.
If you have the budget to purchase a quality system from a reputable installer, solar power is definitely worth it. If sized right, it pays for itself in just three to five years and can provide a worry-free investment in producing clean energy for decades.
Solar panels are typically guaranteed for 25-30 years. That doesn’t mean they’re done producing electricity after this time is up. Some solar panels can generate power for 50 years! 

Does solar energy add value to your home?

The property value benefits of solar power vary depending on the amount of household power consumed and the power and size of your panels. You should consult your local real estate agent for an accurate number. Nonetheless, solar panels are definitely an asset your home could offer that will make it more attractive and valuable in any type of market.

Additional benefits

Solar panels can make money in Florida. When the solar energy system exceeds the power demand, the power company buys the surplus power and sends it to the grid. This is called a net meter credit that appears on your electricity bill. Loans are not low-interest. This is the full retail price of electricity. Depending on the size of the roof and the location of the house, it may be possible to completely eliminate the electricity bill. This happens when the system generates enough solar power to meet all power demands.

Perhaps the biggest advantage of solar energy is the immediate savings on your electricity bill. From day one, your monthly bill will start deducting from your local utility, no matter how small your installation is.

Helping the Environment

Generating clean energy via solar panels is much better for the environment than burning fossil fuels. Solar power produces 96-98% fewer greenhouse gases than electricity that is generated from coal.

Solar power also requires 86-89% less water, occupies more than 80% less land, is 95% less toxic, contributes 92-97% less to acid rain, and proves 98% less of a threat to marine animal life.

Of all of the forms of renewable energy available today, solar energy has the least environmental impact.

If you are truly thinking about changing to solar panels, we can help you! Fill out the form below and we will out you in contact with one of our Solar Panel Experts! You can get a $500 credit on US!

.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Thinking About Remodeling? Here’s some tips.
If you’ve made the decision to remodel your home before selling it, you should do some research to find the right contracting company.
Digital Photography
When selling your home, it’s important to upload high-quality images that really show it off to potential buyers.
How to Recognize a Qualified Buyer
When you’re selling your home, it’s exciting to get an offer! But unless your potential buyer has the resources to qualify for a mortgage, you might not really have a sale.
Questions to Ask Yourself When Considering Selling
If you’re thinking about selling your home and moving to a new location but you aren’t entirely sure about the idea, here are some helpful questions to ask when making up your mind.
Tips to Make the Sale Process Faster
If you’re thinking about listing your home on the market, here are some tips to make the sale process faster and easier long term.
Home Showing Checklist
If you’re selling your home and are getting ready for a home showing, here are some tips that will increase your chances of success.
How To Add Curb Appeal
Want to add some curb appeal to your home before listing it on the market? Here are some tips that will help!
How To Attract More Buyers
Attracting buyers to your home on the market is an important task in order to have it sell quickly. Here are some tips on how to convince buyers to make an offer on your home!
What to Know About the Appraisal Process
After accepting a contract for the sale of your home, the buyer’s lender will send an appraiser to make sure the purchase price is in line with the property’s value.
Is the Buyer Pre-Approved, or Not?
When selling a home, it’s important to understand the different types of loan approvals that you will come across.
Your Cooper City Specialist
We are The Chenore Group and WE are COOPER CITY! Ben Schulman and Reute Sagee are Cooper City SPECIALISTS! They live, work and play in the city and know all that it has to offer! Every Cooper City neighborhood is unique and offers differing options in floorplans, models, and amenities. FAMILY is what this city is all about and FAMILY is what Ben and Reute are all about...Cooper City offers great schools, shopping, parks, and places of worship. Rely on them to help YOUR Family find a place to call home in
Hurricane Season - The "BOX", What Does This Mean?
The Hurricane BOX... What does it mean and how does it affect your real estate transaction? Jeff has some crucial information that you might find useful during hurricane season!

Post a Comment