Benefits of Solar Energy
Solar energy comes with multiple advantages. Here are some highlights.
- Better energy independence: Solar energy can keep your home running through emergencies and blackouts. You can use your solar energy anytime with an optional battery storage system.
- Lower utility costs: Producing some or all of your own power will cut power costs long-term. Plus, some states offer net metering programs that allow you to sell your surplus energy back to the grid, generating extra credits toward your energy bill.
- Reduced carbon footprint: Utilizing solar is a surefire way to minimize your carbon footprint and home fossil fuel dependency.
What Solar Incentives Are Available to Apopka Homeowners?
Florida homeowners who go solar could qualify for rebates, reimbursements, tax credits and special financing. Here are just a few of the local incentive programs.
Incentive Type: Sales Tax Incentive
Incentive Amount:
All
Incentive Type: Property Tax Incentive
Incentive Amount:
Residential: 100% of the added value
Non-Residential: 80% of the added value
Incentive Type: PACE Financing
Website: floridapace.govIncentive Amount:
Determined locally
Incentive Type: Loan Program
Website: lakelandelectric.comIncentive Amount:
$5,000
Incentive Type: Personal Tax Credit
Website: ecowatch.comIncentive Amount:
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
The more informed your company investigation is, the better your photovoltaic system will ultimately operate. Make your choice based on the following crucial aspects.
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. Solar providers can also earn accreditations from standards organizations and trade groups. The most prestigious ones in the industry come from the NABCEP. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.
Cost of Solar Panels in Apopka
Different solar panel types look and perform differently. Monocrystalline panels offer the best energy production but cost more than other options and generally have the highest quality. Polycrystalline panels produce less power, but start at a more budget-friendly price point. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.
You can also add electric vehicle (EV) chargers and battery backup systems. These will increase your total installation cost, but they can maximize your solar system's efficiency. Not all solar providers provide these optional components, so look for a company that installs them if it's important for you.
A majority of Apopka homeowners opt for solar systems rated for five kilowatts (kW) of electrical capacity. These systems run about $16,050 to set up, considering both parts and installation. You can see more specific solar cost information in the table.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,104 |
Solar Polycrystalline | $861 |
Thin-Film | $503 |
Solar Battery | $707 |
Solar Home EV Charger | $2,649 |
Financing Solar Energy in Apopka
Choosing the optimal financing plan will influence your overall solar system cost and potential savings. Common payment options include power purchase agreements, cash payments, loans, and leases. We advise making a cash payment or using a solar loan for the highest return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also own your system and can apply for solar panel incentives to cut your total costs. Solar loans are another good option if you don’t want to make a big initial investment. You can pay for your system in monthly installments while still enjoying energy bill savings and solar incentives. However, you’ll pay more in total due to accruing interest. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) lets you pay a monthly rate determined by the energy you use, similar to an electric bill. We typically don’t recommend these two options because you won't own the solar system and are disqualified from using solar incentives. We suggest working with a contractor that offers multiple financing options. Ask each representative about what's available, and get more than one estimate for the best odds of staying within your financial plan.
The table below lists the average payback periods for different capacities of solar systems in Apopka.
A 26% federal solar tax credit applies to recently-purchased solar equipment purchased through 2032. Further incentives may be available through local governments, usually in the form of rebates and special financing programs.
Solar System Capacity | Estimated Payback period |
---|---|
1 kW | 1.7 years |
2 kW | 3.5 years |
5 kW | 8.6 years |
10 kW | 17.3 years |
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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 common in Apopka?
Should I anticipate a boost in my property value after switching to solar energy?
Could I still use solar power if I live in a wooded, dark, or rainy area?
What can I do to estimate my home's solar viability?
How long is a Apopka solar panel's average lifespan?
Should I get quotes from multiple Apopka solar companies?
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