Best 5 Solar Companies in Hollywood, FL

How To Choose the Best Solar Company in Hollywood

The more informed your company investigation is, the better your photovoltaic system will ultimately perform. Consider all of these criteria 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 tests 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 providers can also obtain certifications from trade groups and standards organizations. The most recognized ones in the industry come from the North American Board of Certified Energy Practitioners. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.

Cost of Solar Panels in Hollywood

The style of solar panels you select determines how much power you can produce. Monocrystalline panels and high-quality and cost more but give you the best performance. 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 the best for large residential installations, but they are excellent accessories for non-traditional roofs.

If you need to charge an electric car or use your solar power in dark weather, you can pay extra for accessories. By selecting the right components, you can make your panel array more productive and convenient to use. Not every solar provider offers these additional features, so look for a provider that installs them if it's crucial for you.

If you're a resident of Hollywood and are considering getting a five-kilowatt solar energy system, you could plan to spend about $16,050 for materials and labor. Find more information on specific component and solar panel costs in the table.

Financing Solar Energy in Hollywood

Choosing the ideal financing option will affect your overall solar system cost and potential savings. Common payment options include leases, loans, power purchase agreements, and cash payments. Most solar experts recommend a cash payment or using a solar loan. Cash payments demand a large up-front sum, but they help you avoid paying interest, grant you system ownership, and qualify you for cost-saving solar incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Similar to a car or home loan, you'll pay a set monthly rate with as little as $0 down. Solar leases allow you to 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 don't grant you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. Ask each provider you're evaluating about the financing options it offers. A salesperson can help you determine the most suitable option for your financial situation.

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

The IRS allows you to claim a 26% federal solar tax credit on total system costs, so long as you purchase it before 2032. Local governments and utilities might also offer their own incentives, rebates, and financing programs that could save you more money.