Benefits of Solar Energy
Solar energy provides numerous advantages that will enhance your home for years to come.
- Lowered energy bills: With a solar array, you generate power without paying the tacked-on costs of grid-connected power. Going off-grid can eliminate your bills completely.
- Reduced carbon footprint: Solar is the universe's most abundant clean energy source, meaning you can lower or beat your home's dependence on "traditional" sources.
- Better energy independence: Adding a battery backup lets you have dependable energy during grid outages and storms.
What Solar Incentives Are Available to Lehigh Acres Homeowners?
Florida homeowners who upgrade to solar could qualify for special financing, reimbursements, rebates and tax credits. Here are just a few of the local incentive offerings.
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 Lehigh Acres
The more thorough your company research is, the better your solar system will ultimately operate. Consider each of these elements in your service provider 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. Florida 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 certificates from trade groups and standards organizations. The top 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 Lehigh Acres
Your solar panels' type will influence how much electricity you can produce. Monocrystalline panels perform the best but cost the most. Polycrystalline panels offer you a budget panel with a traditional design, but at the cost of less power generation. Thin-film panels are excellent for non-traditional roof shapes and cost the least, but don't work well for large residential installations.
You can also add electric car (EV) chargers and battery backup systems. These will increase your total project price, but they can maximize your solar system's performance. Not all solar contractors offer these additional features, so look for a contractor that installs them if it's a priority for you.
You can plan to spend about $16,050 on average for a five-kilowatt solar energy system in Lehigh Acres. Check the table in this section to get an idea of how much Lehigh Acres solar companies might quote for your specific system.
|Solar Panel Cost
|Solar Home EV Charger
Financing Solar Energy in Lehigh Acres
Solar companies offer multiple different financing options to lower your costs and increase your savings. Though some providers offer unique payment plans, the most common are solar loans, power purchase agreements (PPAs), cash payments and solar leases. Most solar experts recommend a cash payment 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. Like a home or car loan, you'll pay a set monthly rate with potentially $0 down. Solar leases allow you to pay a monthly fee to rent your panels, while a power purchase agreement lets you pay a variable rate based on only the energy you use. We generally don't recommend these options since you won't own your system and are disqualified from solar incentives, but they might be appropriate in particular circumstances. Ask each provider you're considering about the payment plans it offers. A staff member 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 Lehigh Acres.
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 Lehigh Acres
How much money could I save by going solar in Lehigh Acres?
How popular is solar energy in Lehigh Acres?
Should I expect a property value increase after going solar?
Could I still use solar power if I live in a rainy, dark, or wooded area?
Is solar panel installation a quick job?
How long does it take to pay back a solar loan in Lehigh Acres?
How can I boost 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
How are a solar lease and PPA different?
You don't own the panels with either option, though you can choose to opt out of the contract for a fee.
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