Benefits of Solar Energy
Solar energy has multiple advantages that will enhance your home for years to come.
- Reduced carbon footprint: Using clean solar power lowers your dependence on conventional, less environmentally-friendly sources.
- Lower utility costs: Sourcing some or all of your own energy will save you money on your electric bills long-term.
- Better energy independence: Solar energy can keep your home powered through emergencies and blackouts. You can use your solar energy anytime with optional battery backup.
What Solar Incentives Are Available to Dunedin Homeowners?
Florida homeowners who go solar could qualify for rebates, reimbursements, special financing and tax credits. Here are just a few of the region's 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 Dunedin
The purchase price and efficiency of solar panels often rely on the solar company that mounted them. Here are some essential aspects to consider while searching for a solar installer.
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. You should also visit a company's website to learn about its private credentials. Two of the most respected are the Solar Heating Installer and PV Installation Professional certificates, awarded 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 Dunedin
The style of solar panels you select dictates how much power you can generate. Monocrystalline panels give you the best performance but cost more upfront. Polycrystalline panels produce less power, but they're worth it if you want a traditional panel style without the high cost. Thin-film panels aren't recommended for large residential installations, but they are ideal for small projects like converting RVs and sheds.
Additional system add-ons, such as electric vehicle (EV) chargers and battery storage, will increase your overall costs. However, they might make your solar system more efficient and convenient to use. Not every solar provider provides these add-ons, so look for a contractor that sells them if it's essential for you.
You can expect to pay about $16,050 on average for a five-kilowatt solar energy system in Dunedin. Use the table in this section to get an idea of how much Dunedin solar companies might quote for your specific system.
|Solar Panel Cost
|Solar Home EV Charger
Financing Solar Energy in Dunedin
Choosing the best financing solution will influence your overall solar system cost and expected savings. Common payment options include leases, loans, power purchase agreements, and cash payments. Though it involves a large up-front payment, cash is the most cost-effective choice because it qualifies you for solar incentives and doesn't accrue interest. Solar loans are the next best option. As with a car loan or mortgage, you'll pay a monthly rate towards system ownership, including interest. You can still apply for money-saving solar incentives, and depending on your lender, you could put as little as $0 down. 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, like an electric bill. We usually don’t recommend these two options because you won't own the system and cannot use solar incentives. Look for contractors that offer several payment plans to find the right fit for your budget.
The table below lists the average payback periods for different capacities of solar systems in Dunedin.
You can claim a 26% federal 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.
|Solar System Capacity
|Estimated Payback period
Ready to Get a Quote on Your Solar Project?
Frequently Asked Questions About Solar in Dunedin
How much money could I save by going solar in Dunedin?
How widespread is solar energy in Dunedin?
Will solar panels improve my Dunedin home price?
Is solar panel installation a fast job?
What size should my new Dunedin solar system be?
How long does it take to pay back a solar loan in Dunedin?
What are the signs I shouldn't use a particular solar company for my job?
- Pushy sales approach
- Being evasive about training and credentials, cost, warranties and references
- Limited or no customization
- Not thoroughly inspecting your site
- Limited online information
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