Benefits of Solar Energy
Solar energy provides multiple advantages. Let's look at a few of them.
- Better energy independence: Solar energy can keep your home functioning through emergencies and blackouts. You can use your solar energy anytime with an optional battery backup system.
- Reduced carbon footprint: Adopting solar is a surefire way to minimize your carbon footprint and home fossil fuel dependency.
- Lowered energy bills: You can skip the added cost of grid-tied power by generating some electricity at home. Plus, many states provide net metering which can allow you to sell your unused energy back for credits on your bill.
What Solar Incentives Are Available to Jacksonville Homeowners?
Governments and power companies often incentivize homeowners for adopting solar. Here are some of the rebates, tax credits or other programs you could qualify for.
Incentive Type: Sales Tax Incentive
Incentive Amount:
All
Incentive Type: Property Tax Incentive
Incentive Amount:
Residential: 100% of the added value
Non-Residential: 80% of the added value
Incentive Type: PACE Financing
Website: floridapace.govIncentive Amount:
Determined locally
Incentive Type: Rebate Program
Website: jea.comIncentive Amount:
$400
Incentive Type: Loan Program
Website: lakelandelectric.comIncentive Amount:
$5,000
Incentive Type: Rebate Program
Website: clayelectric.comIncentive Amount:
Ceiling Insulation: $0.11 per square foot
Spray Foam Insulation: $0.28 per square foot
Window Film: $0.44 per square foot
Solar Shade Screen: $0.44 per square foot
Solar Water Heating: $0.01 per BTU
Heat Pump Water Heater: $175
Heat Recovery Unit: $200
HVAC: $250
Incentive Type: Loan Program
Website: clayelectric.comIncentive Amount:
$7,500
Incentive Type: Loan Program
Website: clayelectric.comIncentive Amount:
$7,500
Incentive Type: Rebate Program
Website: clayelectric.comIncentive Amount:
$0.01 per BTU output
Incentive Type: Rebate Program
Website: beachesenergy.comIncentive Amount:
Solar Water Heater: $500
Incentive Type: Rebate Program
Website: beachesenergy.comIncentive Amount:
Heat Pumps: $100 - $300
Air Conditioners: $100 - $300
Insulation Upgrade: $0.125 per square foot, up to $300
Window Film/Solar Screen: cost of project, up to $100
Heat Pump Water Heater/Solar Water Heater: $500
Incentive Type: Personal Tax Credit
Website: ecowatch.comIncentive Amount:
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 Jacksonville
The more thorough your company research is, the better your solar panels will ultimately work. Consider all of these elements in your contractor 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 companies can also obtain accreditations from standards organizations and trade groups. The most prestigious 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 Jacksonville
The style of solar panels you select dictates how much energy you can generate. Monocrystalline panels and high-quality and cost more but give you the best performance. Polycrystalline panels work with a tried-and-true mechanism and cost less, but produce less power. Thin-film panels aren't recommended for large residential installations, but they are ideal for small projects like converting RVs and sheds.
You can also add electric vehicle (EV) chargers and battery backup systems. These will increase your total installation cost, but they can enhance your solar system's performance. Not all solar companies offer these add-ons, so look for a company that sells them if it's important for you.
You can plan to spend about $16,050 on average for a five-kilowatt solar energy system in Jacksonville. Check the table in this section to get an idea of how much Jacksonville solar companies might quote for your specific solar system's price.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,101 |
Solar Polycrystalline | $859 |
Thin-Film | $502 |
Solar Battery | $705 |
Solar Home EV Charger | $2,643 |
Financing Solar Energy in Jacksonville
Choosing the ideal financing plan will impact your overall solar system cost and possible savings. Common payment options include loans, cash payments, leases, and power purchase agreements. Most solar experts recommend paying cash 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 home or auto loan, you'll pay a set monthly rate with potentially $0 down. Solar leases allow you to pay a monthly rate to rent your panels, while a power purchase agreement lets you pay a fluctuating rate based on only the energy you use. We generally advise against these options since you will not have ownership of your system and are disqualified from solar incentives, but they might be suitable in particular circumstances. Ask each company you're considering about the payment options it offers. A salesperson can help you determine the best option for your pocketbook.
The table below lists the average payback periods for different capacities of solar systems in Jacksonville.
The IRS allows you to claim a 26% federal solar 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 incentives, financing programs, and rebates that could save you more money.
Solar System Capacity | Estimated Payback period |
---|---|
1 kW | 1.7 years |
2 kW | 3.5 years |
5 kW | 8.6 years |
10 kW | 17.3 years |
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Frequently Asked Questions About Solar in Jacksonville
How much money could I save by going solar in Jacksonville?
Is solar energy widely available in Jacksonville?
Will solar panels increase my Jacksonville home worth?
What if I live in a gloomy or heavily-wooded
How do I care for my new solar system?
How long does it take to pay back a solar loan in Jacksonville?
What's the difference between a PPA and a solar lease?
If you choose a lease, you'll make fixed payments each month.
With both leases and PPAs, you do not 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.
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