Benefits of Solar Energy
Solar energy comes with multiple benefits. Let's look at a few of them.
- Lower utility costs: Sourcing some or all of your own power will cut power costs long-term.
- Better energy independence: Solar systems with battery storage function through power outages and emergencies, and you won't have to depend on the power grid for your safety and comfort.
- Reduced carbon footprint: The sun is one of the universe's most abundant clean energy sources, meaning you can minimize or conquer your home's dependence on non-renewable sources.
What Solar Incentives Are Available to Sunrise Homeowners?
Florida homeowners who go solar could qualify for tax credits, special financing, rebates and reimbursements. Here are just a few of the local incentive programs.
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 Sunrise
The purchase price and effectiveness of solar panels often hinge on the provider that mounted them. Consider all of these criteria in your business search.
Different solar panel types look and perform differently. Monocrystalline panels perform the best but cost the most. Polycrystalline panels produce less power, but they're worth it if you want a traditional panel style without the high cost. Thin-film panels aren't the best for large residential installations, but they are excellent accessories for non-traditional roofs.
You can also add electric vehicle (EV) chargers and battery backup systems. By selecting the right ones, you can make your panel array more productive and user-friendly. Not all solar installers include these extras, so look for a company that has them if it's essential for you.
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. The Sunshine State 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 standards organizations and trade groups. The most recognized 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.
Financing Options
Choosing the right financing option will impact your overall solar system cost and possible savings. Though some providers offer unique payment plans, the most common are cash payments, solar loans, power purchase agreements (PPAs) 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. Much like a auto or home loan, you'll pay a set monthly rate with potentially $0 down. 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, akin to an electric bill. We generally don’t recommend these two options because you won't own the panels and are disqualified from using solar incentives. Look for contractors that offer two or more payment plans to find the right fit for your financial needs.
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Frequently Asked Questions About Solar in Sunrise
How much energy and money could I save per year by switching to solar?
Is solar energy widely available in Sunrise?
Should I anticipate a property value increase after installing solar panels?
What is the average payback period for Sunrise solar panels?
Is installing solar panels a quick job?
What size should my new Sunrise solar system be?
Should I get quotes from multiple Sunrise solar companies?
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