Benefits of Solar Energy
Solar energy comes with multiple perks. Here are some highlights.
- Reduced carbon footprint: Using clean solar power lowers your dependence on fossil fuels, which release greenhouse gases that damage the environment.
- Smaller power bills: Generating some or all of your own energy will save you money on your electric bills long-term.
- Better energy independence: Adding a battery backup lets you have dependable energy during grid outages and storms.
What Solar Incentives Are Available to Pine Hills Homeowners?
Florida's public agencies and power companies offer numerous solar incentives to help offset your solar system costs. Below is a breakdown of eligible solar programs where you live.
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: Rebate ProgramWebsite: ouc.com
Window Film or Solar Screen: $0.55 per sq. ft.
Energy Star Windows: $1.50 per sq. ft.
Ceiling Insulation Upgrade: $0.10 per sq. ft.
Heat Pump: $90-$1,630 per unit
Duct Repair/Replacement: 100% of cost up to $100
A/C Proper Sizing w/ R-30 Attic Insulation: $90
Energy Star Heat Pump Water Heater: 100% of cost up to $500
Solar Thermal Water Heater: 100% of cost, up to $900
Solar PV System Battery: $2,000
Incentive Type: Performance-Based IncentiveWebsite: ouc.com
Solar Therm: $900 rebate
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 Pine Hills
The more informed your company research is, the better your solar installation will ultimately operate. Here are some essential aspects to remember while shopping for a solar specialist.
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. Florida also allows electrical contractors to install solar panels, but they may need to subcontract some tasks to a licensed roofer. You should also visit a company's website to learn about its private certifications. Two of the most recognized are the Solar Heating Installer and PV Installation Professional certificates, granted by the North American Board of Certified Energy Practitioners (NABCEP). Some companies don't publish this information online, so you should also ask your estimator about them.
Cost of Solar Panels in Pine Hills
Your photovoltaic panels' type will affect how much energy you can produce. Monocrystalline panels cost the most but perform the best. 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.
Additional accessories, such as electric vehicle (EV) chargers and battery storage, will raise your overall costs. However, they might make your solar system more efficient and convenient to use. Not all solar companies provide these optional components, so look for a provider that sells them if it's a priority for you.
Generally speaking, it will cost about $16,050 for a five-kilowatt solar array in Pine Hills. This table shows more specific costs for different solar panel types and system components in your area.
|Solar Panel Cost
|Solar Home EV Charger
Financing Solar Energy in Pine Hills
There are many ways to pay for new solar panels, and the right one will help you decrease overhead. A few of the most common options include cash payments, leases, power purchase agreements (PPAs), and loans. We recommend paying with cash 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 incentives to minimize 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 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 advise against these options since you will not have ownership of your system and are disqualified from solar incentives, but they might be appropriate in certain circumstances. 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 Pine Hills.
The IRS allows you to claim a 26% federal tax credit on total system costs, so long as you purchase it before 2032. City and state governments and utilities might also offer their own incentives, rebates, and financing programs that could save you more money.
|Solar System Capacity
|Estimated Payback period
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Frequently Asked Questions About Solar in Pine Hills
How much energy and money could I save per year by switching to solar?
How prevalent is solar energy in Pine Hills?
Should I expect a boost in my property value after adopting solar power?
What if I live in a gloomy or rainy
How do I care for my new solar system?
How long does it take to pay back a solar loan in Pine Hills?
What are some "red flags" to watch for as I research companies?
- Aggressive sales pitch
- Being evasive about cost, credentials and training, warranties and references
- "One-size-fits-all" approach
- Not thoroughly inspecting your site
- No business filing with your local secretary of state
How many estimates should I get before making a final solar company decision?
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