Benefits of Solar Energy
Solar energy provides multiple benefits. Here are some highlights.
- Better energy independence: Solar energy can keep your home powered through blackouts and emergencies. You can use your solar energy anytime with an optional battery storage system.
- Lowered energy bills: You can dodge the expensive cost of grid-tied power by producing some electricity right where you use it. Plus, many states provide net metering which can allow you to sell your unused energy back to credit part of your bill.
- Reduced carbon footprint: Using clean solar power reduces your dependence on fossil fuels, which release greenhouse gases that damage the environment.
What Solar Incentives Are Available to Jupiter Homeowners?
Florida homeowners who choose solar could qualify for special financing, reimbursements, tax credits and rebates. Here are just a few of the local incentive offerings.
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: Loan Program
Website: lakelandelectric.comIncentive Amount:
$5,000
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 Jupiter
The more comprehensive your provider search is, the better your solar system will ultimately function. Make your choice based on the following important considerations.
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 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 installers can also obtain certifications from standards organizations and trade groups. The most respected 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 Jupiter
The type of solar panels you purchase dictates how much electricity you can produce. Monocrystalline panels and high-quality and give you the best performance but cost more upfront. Polycrystalline panels work with a tried-and-true mechanism and cost less, but produce less power. 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 inclement weather, you can pay extra for add-ons. By choosing the right components, you can make your panel array more efficient and convenient to use. Not all solar providers provide these add-ons, so look for a provider that installs them if it's crucial for you.
Most Jupiter homeowners select solar systems designed for five kilowatts (kW) of electrical capacity. These systems cost about $16,050 to install, considering both parts and installation. You can see more specific solar cost information in the table.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,126 |
Solar Polycrystalline | $878 |
Thin-Film | $513 |
Solar Battery | $720 |
Solar Home EV Charger | $2,702 |
Financing Solar Energy in Jupiter
Choosing the right financing solution will influence your overall solar system cost and possible savings. Common payment options include leases, cash payments, power purchase agreements, and loans. We suggest 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 have full ownership of your system and can apply for solar panel incentives to reduce 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 installments while still enjoying energy bill savings and solar incentives. However, you’ll pay more in total due to accruing interest. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) lets you pay a monthly rate determined by the energy you use, as with an electric bill. We typically don’t recommend these two choices because you won't own the system and cannot use solar incentives. Look for companies that offer two or more 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 Jupiter.
A 26% federal solar tax credit applies to new residential solar equipment purchased through 2032. Additional incentives may be available through city and state governments, usually in the form of rebates and special financing programs.
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 Jupiter
How much energy and money could I save per year by switching to solar?
Is solar energy common in Jupiter?
Should I anticipate a boost in my property value after adopting solar power?
Could I still use solar power if I live in a rainy, wooded, or dark area?
How can I determine my property's solar suitability?
What is a Jupiter solar panel's average lifespan?
How can I maximize my solar panels' performance?
- optimize the panels' position with your solar installer
- regularly clean your solar panels
- upgrade to a more efficient inverter trim or cut down trees in the way of your panels
- use energy-efficient appliances
What are the signs I shouldn't use a particular solar company for my job?
- High-pressure sales tactics
- Being evasive about cost, credentials and training, warranties and references
- Inflexible options
- Superficial, rushed site evaluation
- Limited online information
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