Best 5 Solar Companies in Coral Springs, FL

How To Choose the Best Solar Company in Coral Springs

Choosing a company is the first step toward an effective and cost-efficient solar system. Consider each of these aspects in your company 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 exams to earn a CV license with the Florida Construction Industry Licensing Board. The Sunshine State also allows electrical contractors to install solar panels, but they may need to subcontract some tasks to a licensed roofer. Check a company's website for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), among the solar industry's most credible trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.

Cost of Solar Panels in Coral Springs

Different solar panel types look and perform differently. Monocrystalline panels cost more than other options, but they generate the most power and generally have the highest quality. Polycrystalline panels provide a lower price point but produce less power. 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.

Additional accessories, such as electric vehicle (EV) chargers and battery storage, will raise your overall installation costs. However, they might make your solar system more efficient and convenient to use. Not all solar companies include these optional components, so look for a provider that sells them if it's crucial for you.

You can plan to spend about $16,050 on average for a five-kilowatt solar energy system in Coral Springs. Check the table in this section to get an idea of how much Coral Springs solar companies might quote for your specific solar system's price.

Financing Solar Energy in Coral Springs

There are numerous ways to pay for a new solar system, and the right one will lower your costs. A few of the most common options include power purchase agreements (PPAs), cash payments, leases, and loans. We suggest 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 own your system and can apply for solar panel incentives to minimize 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 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, like an electric bill. We typically don’t recommend these two options because you won't own the panels and are disqualified from using solar incentives. We suggest working with a company that offers multiple financing options. Speak with each representative 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 Coral Springs.

You are eligible for a 26% federal solar tax credit for new solar energy devices until the year 2032. Municipal and state governments and utility companies might also offer rebates, discounts, and unique financing solutions that could save you more.