Best 5 Solar Companies in Palm Coast, FL

How To Choose the Best Solar Company in Palm Coast

Choosing a company is the first step toward a well-oiled and cost-efficient solar array. Make your choice based on the following crucial aspects.

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. Look for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), among the solar industry's most credible trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.

Cost of Solar Panels in Palm Coast

Your photovoltaic panels' type will impact how much electricity you can generate. Monocrystalline panels are among the highest quality and 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 installation cost, but they can maximize your solar system's efficiency. Not all solar contractors offer these optional components, so look for a company that sells them if it's important for you.

Generally speaking, it will cost about $16,050 for a five-kilowatt solar array in Palm Coast. This table lists more specific prices for different solar panel types and system components in your area.

Financing Solar Energy in Palm Coast

There are various ways to pay for new solar panels, and the right one will minimize your overhead. A few of the most common options include loans, cash payments, power purchase agreements (PPAs), and leases. We advise paying with cash or securing a solar loan for the best 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 spend more in total due to accruing interest. Solar leases let you use your panels for a fixed monthly rate, while PPAs let you pay just for the energy you use, akin to an electric bill. Both options disqualify you for solar incentives and do not provide you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. We suggest working with a provider that offers multiple financing options. Talk to each representative about what's available, and acquire more than one estimate for the best odds of staying within your budget.

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

You are eligible for a 26% federal solar tax credit for new solar energy devices until the year 2032. Municipal and state governments and utility companies might also offer rebates, discounts, and unique financing solutions that could save you more.