Benefits of Solar Energy
Solar energy provides multiple benefits. Let's look at a few of them.
- Better energy independence: Solar energy can keep your home functioning through emergencies and blackouts. You can use your solar energy anytime with an optional battery storage system.
- Lowered energy bills: With solar energy systems, you produce power without paying the tacked-on costs of grid-tied power. You can eliminate your bills completely if you go off-grid.
- Reduced carbon footprint: Solar is one of the universe's most abundant clean energy sources, meaning you can lower or beat your home's dependence on non-renewable sources.
What Solar Incentives Are Available to Tampa Homeowners?
Florida homeowners who choose solar could qualify for rebates, special financing, reimbursements and tax credits. Here are just a few of the region's 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 Tampa
The cost and effectiveness of solar panels often depend on the solar company that installed them. Make your choice based on the following vital factors.
The style of solar panels you select decides how much power you can generate. Monocrystalline panels cost more but give you the best performance. Polycrystalline panels provide a lower price point but produce less power. Thin-film panels aren't recommended for large residential installations, but they are ideal for small projects like converting RVs and sheds.
If you need to charge an electric car or use your solar power in inclement weather, you'll usually pay extra for add-ons. These upgrades extend your system’s efficiency while adding more conveniences to your home. Not all solar contractors 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 pursue certificates from standards organizations and trade groups. The most prestigious 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.
There are many ways to pay for a solar energy system, and the right one will lower your costs. A few of the most common options include cash payments, leases, power purchase agreements (PPAs), and loans. Though it requires 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 runner-up option. As with a home or auto loan, you'll pay a monthly rate towards system ownership, including interest. You can still apply for valuable solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases allow you to rent your panels for a fixed monthly rate, while PPAs let you pay only for the energy you use, much like an electric bill. Both options disqualify you for solar incentives and don't grant you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. We recommend working with a company that offers multiple financing options. Talk to each representative about what's available, and secure more than one estimate for the best odds of keeping within your spending limits.
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Frequently Asked Questions About Solar in Tampa
How much energy and money could I save per year by switching to solar?
How popular is solar energy in Tampa?
Should I anticipate a boost in my property value after going solar?
What if I live in a heavily-wooded or gloomy
How do I care for my new solar system?
What size should my new Tampa solar system be?
How does "net metering" work, and do I need to participate?
Some states or utilities oblige you to join net metering when purchasing your solar system, while others give you a choice. Either way, once you sign up, you'll get a check or bill credit for your excess generation at a wholesale or retail rate.
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