Benefits of Solar Energy
Solar energy offers several advantages that will enhance your home for years to come.
- Lowered energy bills: With solar energy systems, you generate power without paying the tacked-on costs of grid-tied power. Going off-grid can eliminate your bills completely.
- Better energy independence: Photovoltaic systems with battery backups operate through blackouts and emergencies, and you won't have to rely on your power company for your safety and well-being.
- Reduced carbon footprint: Utilizing solar is a surefire way to decrease your carbon footprint and home fossil fuel dependency.
What Solar Incentives Are Available to Country Club Homeowners?
Florida agencies and electric companies offer multiple solar incentives to help offset your solar system costs. Check out a breakdown of available solar programs where you live.
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 Country Club
Choosing a company is the first step toward an effective and valuable solar system. Consider all of these criteria in your business search.
Licensing and Training
Once an electrical professional in Florida has four years of field experience, including one year as an apprentice, they can take 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. Solar installers can also obtain certifications from standards organizations and trade groups. The most recognized 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 Country Club
Your solar modules' style will influence how much energy you can produce. Monocrystalline panels cost the most but perform the best. Polycrystalline panels generate less, but they're a great traditional option for low budgets. Thin-film panels have a low cost and are excellent for non-traditional roofs, but aren't recommended for large home installations.
Additional accessories, 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 all solar companies provide these add-ons, so look for a contractor that sells them if it's essential for you.
Generally speaking, it will cost about $16,050 for a five-kilowatt solar array in Country Club. This table lists 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 Country Club
Solar companies offer multiple different financing options to lower your costs and increase your savings. Though some providers offer unique payment plans, the most common are power purchase agreements (PPAs), cash payments, solar loans and solar 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 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 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 rent your panels for a set monthly rate, while PPAs let you pay only for the energy you use, much like an electric bill. Both options disqualify you for solar incentives and do not provide you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. Ask each company you're considering about the payment options it offers. A team member can help you determine the best option for your financial situation.
The table below lists the average payback periods for different capacities of solar systems in Country Club.
The IRS allows you to claim a 26% federal tax credit on the full cost of the solar system, so long as you purchase it before 2032. Local governments and utilities might also offer their own financing programs, incentives, and rebates that could save you more money.
|Solar System Capacity
|Estimated Payback period
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Frequently Asked Questions About Solar in Country Club
How much energy and money could I save per year by switching to solar?
Is solar energy common in Country Club?
Should I anticipate a property value increase after going solar?
How many years will a standard solar system last?
How do I care for my new solar system?
What is the average payback period for Country Club solar panels?
What's the difference between a PPA and a solar lease?
If you choose a lease, you'll make set payments each month.
With both leases and PPAs, you don't own your panels and lose eligibility for most incentives. Further, you'll have to "buy out" or transfer the contract if you sell your home during the term.
How are traditional solar loans and PPAs different?
In contrast, solar loans can come from specialty lenders, the government, installer and local banks. You'll need to pass a credit check to qualify for most of them. While the upfront costs are more expensive, and you'll be responsible for upkeep, you'll also have complete ownership and can apply for many more incentives.
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