Benefits of Solar Energy
Solar energy provides multiple perks. Let's look at a few of them.
- Reduced carbon footprint: Using clean solar power lowers your dependence on fossil fuels, which release greenhouse gases that damage the environment.
- Better energy independence: Photovoltaic solar panel systems with energy storage systems work through power outages and emergencies, and you won't have to rely on the power grid for your safety and well-being.
- Lowered energy bills: You can dodge the added 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 help pay for your energy bill.
What Solar Incentives Are Available to Tallahassee Homeowners?
Governments and power companies often reward homeowners for adopting solar. Here are some of the rebates, tax credits or other programs you could qualify for.
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: Rebate Program
Website: talgov.comIncentive Amount:
$450
Incentive Type: Loan Program
Website: talgov.comIncentive Amount:
Solar PV or ENERGY STAR roofing: $20,000
Other Measures: varies
Incentive Type: Loan Program
Website: talgov.comIncentive Amount:
$10,000
Incentive Type: Rebate Program
Website: talgov.comIncentive Amount:
Efficient HVAC Rebates
Air Conditioners: $100-$350
Heat Pumps: $100-$750
Heat Pump Water Heater: $300
ENERGY STAR Appliance Rebates
Dishwasher: $40
Freezer: $40
Refrigerator: $75
Clothes Washer: $100
Pool Pump: $200
Natural Gas Appliance Rebates
Clothes Dryer: Up to $200
Furnace: Up to $700
Outdoor Barbecue Grills: Up to $100
Fire Logs: $50
Outdoor Lights: Up to $450
Pool and Spa Heaters: Up to $450
Ranges and Ovens: Up to $200
Water Heaters: Up to $675
Solar Water Heater: $450
ENERGY STAR New Home and Renovation: $1/Square Foot
Smart Thermostat: $100
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 Tallahassee
The cost and effectiveness of solar panels often rely on the solar company that installed them. Here are some key items to keep in mind while searching for a solar provider.
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 accreditations. Two of the most prestigious are the PV Installation Professional and Solar Heating Installer certificates, awarded 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 Tallahassee
Your solar panels' style will affect how much energy you can generate. Monocrystalline panels are among the highest quality and 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 have a low cost and are excellent for non-traditional roofs, but aren't recommended for large home installations.
If you need to charge an electric car or use your solar power in dark weather, you can pay extra for add-ons. By selecting the right components, you can make your system more effective and convenient to use. Not all solar providers offer these extras, so look for a contractor that sells them if it's crucial for you.
Generally speaking, it will cost about $16,050 for a five-kilowatt solar array in Tallahassee. This table lists more specific costs for different solar panel types and system components in your area.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,039 |
Solar Polycrystalline | $810 |
Thin-Film | $474 |
Solar Battery | $665 |
Solar Home EV Charger | $2,493 |
Financing Solar Energy in Tallahassee
Solar providers use multiple different financing options to lower your costs and increase your savings. Though some providers offer unique payment plans, the most common are power purchase agreements (PPAs), cash payments, solar leases and solar loans. Though it involves a large up-front payment, cash is the most economical choice because it doesn't accrue interest and qualifies you for incentives. Solar loans are the next best option. As with a home or auto loan, you'll pay a monthly rate towards system ownership, including interest. You can still apply for money-saving solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases allow you to pay a monthly fee to rent your panels, while a power purchase agreement lets you pay a fluctuating rate based on only the energy you use. We generally advise against these options since you won't own your system and are disqualified from solar incentives, but they might be suitable in specific circumstances. Ask each installer you're considering about the payment options it offers. A representative can help you determine the optimal option for your pocketbook.
The table below lists the average payback periods for different capacities of solar systems in Tallahassee.
You are eligible for a 26% federal solar tax credit for new solar power systems until the year 2032. Municipal and state governments and utility companies might also offer discounts, rebates, and dedicated financing plans that could save you more.
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 Tallahassee
How much energy and money could I save per year by switching to solar?
Is solar energy widely available in Tallahassee?
Will solar energy systems improve my Tallahassee home worth?
Could I still use solar power if I live in a rainy, dark, or wooded area?
How long does the photovoltaic installation process take?
How long does it take to pay back a solar loan in Tallahassee?
How are traditional solar loans and PPAs different?
In contrast, solar loans can come from installer, specialty lenders, local banks and the government. You'll need to pass a credit check to qualify for most of them. While the upfront costs are higher, and you'll be responsible for taking care of the system, you'll also have total ownership and can apply for many more incentives.
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