Benefits of Solar Energy
Solar energy offers several advantages that will enhance your home for years to come.
- Lowered energy bills: You can dodge the premium cost of grid-tied power by producing some electricity right where you use it.
- Better energy independence: Photovoltaic systems with energy storage operate through blackouts and emergencies, and you won't have to depend on the power grid for your safety and comfort.
- Reduced carbon footprint: The sun is a highly abundant clean energy source, meaning you can lower or beat your home's dependence on fossil fuels.
What Solar Incentives Are Available to Fort Myers Homeowners?
Governments and utilities often incentivize homeowners for adopting solar. Here are some of the tax credits, rebates, or other programs you could qualify for.
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 Fort Myers
Choosing a company is the first step toward a well-oiled and valuable solar system. Consider all of these factors in your company search.
Different solar panel types look and perform differently. Monocrystalline panels cost more than other options, but they generate the most power. Polycrystalline panels provide a lower price point but produce less power. Thin-film panels aren't the best for large residential installations, but they are excellent accessories for non-traditional roofs.
You can also add electric vehicle (EV) chargers and battery backup systems. By selecting the right ones, you can make your system more efficient and user-friendly. Not every solar installer offers these additional features, so look for a provider that has them if it's crucial for you.
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. 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 prestigious are the PV Installation Professional and Solar Heating Installer 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.
Choosing the best financing option will affect your overall solar system cost and possible savings. A few of the most common options include cash payments, loans, leases, and power purchase agreements (PPAs). Most solar experts recommend paying cash or using a solar loan. Cash payments require a large up-front sum, but they save you from paying interest, grant you system ownership, and qualify you for cost-saving incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Much like a car or home loan, you'll pay a set monthly rate with as little as $0 down. Solar leases allow you to pay a monthly rate to rent your panels, while a PPA lets you pay a fluctuating rate based on only the energy you use. We generally don't recommend these options since you will not have ownership of your system and are disqualified from solar incentives, but they might be appropriate in particular circumstances. Look for contractors that offer multiple payment plans to find the right fit for your budget.
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Frequently Asked Questions About Solar in Fort Myers
How much energy and money could I save per year by switching to solar?
Is solar energy easily accessible in Fort Myers?
Should I expect a boost in my property value after switching to solar energy?
What is the average payback period for Fort Myers solar panels?
How long is a Fort Myers solar panel's average lifespan?
How long does the solar panel installation process require?
What's the difference between a PPA and traditional financing?
In contrast, solar loans can come from specialty lenders, local banks, your installer's partners and the government. 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 full ownership rights and can apply for many more incentives.
How many estimates should I get before making a final solar company decision?
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