Benefits of Solar Energy
Solar energy provides multiple perks. Here are some highlights.
- Better energy independence: Solar energy can keep your home functioning through emergencies and blackouts, giving you additional security. You can use your solar energy anytime with an optional battery storage system.
- Lowered energy bills: With a solar array, you produce power without paying the tacked-on costs of grid-connected power. Going off-grid can eliminate your bills completely.
- Reduced carbon footprint: The sun is a highly abundant clean energy source, meaning you can minimize or conquer your home's dependence on fossil fuels.
What Solar Incentives Are Available to Aventura Homeowners?
Florida homeowners who go solar could qualify for special financing, tax credits, reimbursements and rebates. Here are just a few of the local incentive programs.
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 Aventura
Choosing a company is the first step toward a well-oiled and valuable solar array. Here are some essential aspects to bear in mind while searching for a solar specialist.
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 tests 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 accreditations. Two of the most recognized are the Solar Heating Installer and PV Installation Professional certificates, granted 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 Aventura
The kind of solar panels you select determines how much energy you can produce. Monocrystalline panels cost more but give you the best performance. Polycrystalline panels work with a tried-and-true mechanism and cost less, but produce less power. Thin-film panels aren't meant for large home installations, but they're excellent for small projects like sheds and RVs.
You can also add battery backups and electric vehicle (EV) chargers. These will increase your total project price, but they can improve your solar system's performance. Not all solar providers offer these extras, so look for a provider that installs them if it's essential for you.
If you're a resident of Aventura and want a five-kilowatt solar energy system, you could expect to pay about $16,050 for materials and labor. Find more information on specific component and panel costs in the table.
|Solar Panel Cost
|Solar Home EV Charger
Financing Solar Energy in Aventura
Solar providers use multiple different financing options to lower your costs and increase your savings. Though some providers offer unique payment plans, the most common are solar loans, cash payments, solar leases and power purchase agreements (PPAs). 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 have full ownership of your system and can apply for solar incentives to reduce your total costs. Solar loans are another solid 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 spend more in total due to accruing interest. Solar leases let you use your panels for a set monthly rate, while PPAs let you pay just for the energy you use, akin to an electric bill. Both options disqualify you for solar incentives and don't grant you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. We advise working with a contractor that offers multiple financing options. Talk to each salesperson about what's available, and secure more than one estimate for the best odds of staying within your budget.
The table below lists the average payback periods for different capacities of solar systems in Aventura.
The IRS allows you to claim a 26% federal tax credit on your new solar panels, so long as you purchase it before 2032. City and state governments and utilities might also offer their own rebates, financing programs, and incentives that could save you more money.
|Solar System Capacity
|Estimated Payback period
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Frequently Asked Questions About Solar in Aventura
How much energy and money could I save per year by switching to solar?
How prevalent is solar energy in Aventura?
Will solar energy systems improve my Aventura home worth?
What can I do to estimate my home's solar viability?
How do I care for my new solar system?
What is the average payback period for Aventura solar panels?
What are some "red flags" to watch for as I research companies?
- Pushy sales approach
- Dodging questions about training and credentials, warranties, references and cost
- "One-size-fits-all" approach
- Not thoroughly inspecting your site
- No business filing with your local secretary of state
How many estimates should I get before making a final solar company decision?
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