Best 5 Solar Companies in Coconut Creek, FL

How To Choose the Best Solar Company in Coconut Creek

The more informed your company investigation is, the better your solar panels will ultimately work. Consider each of these factors in your contractor search.

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. Look for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), one of the solar sector's most credible trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.

Cost of Solar Panels in Coconut Creek

Your photovoltaic panels' type will impact how much electricity you can generate. Monocrystalline panels are among the highest quality and perform the best but cost the most. Polycrystalline panels generate less, but they're a great traditional option for low budgets. Thin-film panels are excellent for non-traditional roof shapes and cost the least, but don't work well for large residential installations.

Additional components, such as battery storage and electric vehicle (EV) chargers, will add to your overall installation costs. However, they might make your solar system more efficient and convenient to use. Not every solar contractor includes these extras, so look for a contractor that installs them if it's a priority for you.

Generally speaking, it will cost about $16,050 for a five-kilowatt solar array in Coconut Creek. This table lists more specific prices for different solar panel types and system components in your area.

Financing Solar Energy in Coconut Creek

Solar providers offer multiple different financing options to increase your savings and lower your costs. Though some providers offer unique payment plans, the most common are cash payments, solar leases, solar loans and power purchase agreements (PPAs). We advise paying with cash or securing 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 panel incentives to cut 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 installments while still benefiting from 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 based only on the energy you use, as with an electric bill. We generally don’t recommend these two choices because you won't own the solar system and cannot use solar incentives. Look for providers that offer two or more payment plans to find the right fit for your financial needs.

The table below lists the average payback periods for different capacities of solar systems in Coconut Creek.

You can claim a 26% federal solar tax credit from the IRS for new residential solar systems purchased before 2032. Additionally, utilities and local governments may have their own financing plans and rebates that could reduce your total cost even more.