Benefits of Solar Energy
Solar energy offers numerous advantages that will enhance your home for years to come.
- Lowered energy bills: You can dodge the added cost of grid-tied power by generating some electricity at home.
- Better energy independence: Photovoltaic systems with battery backups operate through blackouts and emergencies, and you won't have to rely on your power company for your safety and well-being.
- Reduced carbon footprint: Solar 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 Town 'n' Country Homeowners?
Florida agencies and electric companies offer a range of solar incentives to help lower your solar system costs. Here is a breakdown of applicable 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: 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 Town 'n' Country
The more thorough your provider search is, the better your photovoltaic system will ultimately operate. Make your choice based on the following essential elements.
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. Solar providers can also obtain accreditations from standards organizations and trade groups. The most respected 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.
Cost of Solar Panels in Town 'n' Country
The style of solar panels you choose determines how much energy you can produce. Monocrystalline panels give you the best performance but cost more upfront. Polycrystalline panels work with a tried-and-true mechanism and cost less, 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'd like to charge an electric vehicle (EV) or use your solar power in inclement weather, you can pay extra for accessories. By selecting the right components, you can make your system more effective and convenient to use. Not every solar provider provides these extras, so look for a provider that installs them if it's a priority for you.
You can expect to pay about $16,050 on average for a five-kilowatt solar energy system in Town 'n' Country. Use the table in this section to get an idea of how much Town 'n' Country solar companies might quote for your specific system.
|Solar Panel Cost
|Solar Home EV Charger
Financing Solar Energy in Town 'n' Country
Solar companies use multiple different financing options to increase your savings and lower your costs. Though some providers offer unique payment plans, the most common are power purchase agreements (PPAs), solar leases, cash payments and solar loans. Most solar experts recommend a cash payment or using a solar loan. Cash payments require a large up-front sum, but they help you avoid 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. Like a home or car loan, you'll pay a set monthly rate with as little as $0 down. Solar leases allow you to pay a monthly rate to rent your panels, while a power purchase agreement lets you pay a fluctuating rate based on only the energy you use. We generally don't recommend these options since you will not have ownership of your system and are disqualified from solar incentives, but they might be suitable in particular circumstances. We suggest working with a contractor that offers multiple financing options. Ask each representative about what's available, and secure more than one estimate for the best odds of keeping within your budget.
The table below lists the average payback periods for different capacities of solar systems in Town 'n' Country.
The IRS allows you to claim a 26% federal tax credit on your new solar panels, so long as you purchase it before 2032. Municipal authorities and utilities might also offer their own rebates, incentives, 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 Town 'n' Country
How much energy and money could I save per year by switching to solar?
How common is solar energy in Town 'n' Country?
Should I expect a property value increase after going solar?
Is installing solar panels a fast job?
What's the average solar system size in Town 'n' Country?
How long does it take to pay back a solar loan in Town 'n' Country?
What are some "red flags" to watch for as I research companies?
- Pressuring you into signing a contract
- Not being straightforward about training and credentials, cost, warranties and references
- "One-size-fits-all" approach
- Rushing through the site assessment
- More mixed or negative reviews than positive ones
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