Benefits of Solar Energy
Solar energy has multiple advantages that will enhance your home for years to come.
- Lowered energy bills: You can skip the added cost of grid-tied power by producing some electricity right where you use it.
- Reduced carbon footprint: Utilizing solar is a surefire way to lower your carbon footprint and home fossil fuel dependency.
- Better energy independence: Photovoltaic systems with energy storage operate through power outages and emergencies, and you won't have to depend on the grid for your safety and well-being.
What Solar Incentives Are Available to Winter Garden 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 Winter Garden
The purchase price and effectiveness of solar panels often depend on the provider that installed them. Here are some important factors to remember while searching for a solar company.
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 tests 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. Check for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), one of the solar industry's most respected trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.
Cost of Solar Panels in Winter Garden
Different solar panel types look and perform differently. Monocrystalline panels offer the best energy production but cost more than other options. Polycrystalline panels produce less power, but start at a more budget-friendly price point. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.
If you want 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 efficient and convenient to use. Not every solar contractor provides these add-ons, so look for a company that installs them if it's a priority for you.
Generally speaking, it will cost about $16,050 for a five-kilowatt solar array in Winter Garden. This table displays 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 Winter Garden
Choosing the ideal financing option will influence your overall solar system cost and possible savings. Common payment options include cash payments, leases, power purchase agreements, 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 money-saving solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases let you rent your panels for a set monthly rate, while PPAs let you pay just for the energy you use, much like an electric bill. Both options disqualify you for solar incentives and do not provide you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. Ask each company you're vetting about the payment options it offers. A team member can help you determine the most suitable option for your financial situation.
The table below lists the average payback periods for different capacities of solar systems in Winter Garden.
You can claim a 26% federal tax credit from the IRS for new residential solar systems purchased before 2032. Additionally, utilities and local governments may have their own financing plans and rebates that could reduce your total cost even more.
|Solar System Capacity
|Estimated Payback period
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Frequently Asked Questions About Solar in Winter Garden
How much money could I save by going solar in Winter Garden?
How prevalent is solar energy in Winter Garden?
Will a solar PV system boost my Winter Garden home value?
How long does the solar installation process require?
What maintenance do my solar panels need, and how often do they need it?
What is the average payback period for Winter Garden solar panels?
How can I maximize my solar panels' performance?
- optimize the panels' position with your solar installer
- regularly clean your solar panels
- upgrade to a more efficient inverter trim or cut down trees in the way of your panels
- use energy-efficient appliances
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