Benefits of Solar Energy
Solar energy offers several advantages that will enhance your home for years to come.
- Better energy independence: Adding a battery backup lets you have trustworthy energy during storms and grid outages.
- Lowered energy bills: With solar panels, you produce power without paying the tacked-on costs of grid-tied power. Going off-grid can eliminate your bills completely.
- Reduced carbon footprint: Using clean solar power lowers your dependence on fossil fuels, which release greenhouse gases that damage the environment.
What Solar Incentives Are Available to Apopka Homeowners?
Florida homeowners who choose solar could qualify for tax credits, reimbursements, rebates and special financing. Here are just a few of the local incentive offerings.
Incentive Type: Sales Tax Incentive
Incentive Type: Property Tax Incentive
Residential: 100% of the added value
Non-Residential: 80% of the added value
Incentive Type: Personal Tax CreditWebsite: ecowatch.com
30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.
How To Choose the Best Solar Company in Apopka
Choosing a company is the first step toward an effective and valuable solar energy system. Here are some key items to remember while searching for a solar provider.
Licensing and Training
Once an electrical professional in Florida has four years of field experience, including one year as an apprentice, they can pass two exams to earn a CV license with the Florida Construction Industry Licensing Board. Florida also allows electrical contractors to install solar panels, but they may need to subcontract some tasks to a licensed roofer. You should also visit a company's website to learn about its private certifications. Two of the most prestigious are the Solar Heating Installer and PV Installation Professional certificates, awarded by the North American Board of Certified Energy Practitioners (NABCEP). Some companies don't publish this information online, so you should also ask your estimator about them.
Cost of Solar Panels in Apopka
Your solar modules' model will impact how much electricity you can generate. Monocrystalline panels cost the most but perform the best. Polycrystalline panels offer you a budget panel with a traditional design, but at the cost of less power generation. Thin-film panels have a low cost and are excellent for non-traditional roofs, but aren't recommended for large home installations.
Additional components, such as battery storage and electric vehicle (EV) chargers, will raise your overall costs. However, they might make your solar system more efficient and convenient to use. Not every solar company offers these optional components, so look for a provider that sells them if it's crucial for you.
Generally speaking, it will cost about $16,050 for a five-kilowatt solar array in Apopka. This table displays more specific costs for different solar panel types and system components in your area.
|Solar Panel Cost
|Solar Home EV Charger
Financing Solar Energy in Apopka
There are many ways to pay for new solar panels, and the right one will minimize your overhead. A few of the most common options include loans, cash payments, power purchase agreements (PPAs), and leases. Most solar experts recommend paying cash or using a solar loan. Cash payments require a large up-front sum, but they save you from paying interest, grant you system ownership, and qualify you for cost-saving incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Similar to a car or home loan, you'll pay a set monthly rate with as little as $0 down. Solar leases allow you to pay a monthly fee to rent your panels, while a PPA lets you pay a fluctuating rate based on only the energy you use. We generally don't recommend these options since you will not have ownership of your system and are disqualified from solar incentives, but they might be suitable in particular circumstances. Look for installers that offer several payment plans to find the right fit for your wallet.
The table below lists the average payback periods for different capacities of solar systems in Apopka.
A 26% federal tax credit applies to new home solar systems purchased through 2032. Additional incentives may be available through local governments, usually in the form of rebates and special financing programs.
|Solar System Capacity
|Estimated Payback period
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Frequently Asked Questions About Solar in Apopka
How much money could I save by going solar in Apopka?
Is solar energy widely available in Apopka?
Will solar panels increase my Apopka home price?
Could I still use solar power if I live in a dark, rainy, or wooded area?
What can I do to assess my home's solar potential?
How long is a Apopka solar panel's average lifespan?
What's the difference between a PPA and traditional financing?
In contrast, solar loans can come from installer, local banks, specialty lenders and the government. You'll need to pass a credit check to qualify for most of them. While the upfront costs are greater, and you'll be responsible for maintenance, you'll also have total ownership and can apply for many more benefits.
How many estimates should I get before making a final solar company decision?
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