Solar panels continue to take the entire state of Florida by storm as more locals learn the many benefits that come with it. Not only will it help you save money every single month, but it can increase the value of your home and help keep the environment safe at the same time! There’s a reason why Florida residents receive various incentives when they decide to go solar, making it a no-brainer for any homeowner.
How Can Solar Panels Save You Money?
When you decide to invest in solar energy, it will reward you for the next few decades. Many people report savings of up to $100 every month off their electricity bill. Of course, this will depend on a variety of things like sunshine exposure and energy rates, but you’ll be guaranteed a lower energy bill regardless.
What makes this investment different from most other investments is you start saving from day one. Once your solar panels are installed and begin to absorb sunlight, it will immediately start converting it into energy that your home will use throughout the day. In a state like Florida, where sunshine comes in abundance, you’re already put in a position to succeed.
When you start to add up the savings every month, you’ll see that the total cost of going solar can be paid back to you within 5-10 years. You will also have the option to join the net metering program. With this, any excess energy you create and send to the grid will be paid back to you at the end of the year — that’s real money you get to spend.
Are There Any Solar Incentives Involved?
To make going solar even more appealing to Florida residents, the state has various incentives in place to make it more beneficial.
For starters, the Property Tax Exclusion for Residential Renewable Energy Property in the state of Florida will prevent homeowners from having an increase in property tax following the installation of solar panels.
The Solar and CHP Sales Tax Exemption will eliminate the 6% sales tax that most Florida residents are used to paying on goods. When investing in solar energy, that 6% savings will make a tremendous difference.
In addition to that, the Federal Government will grant you a federal tax credit equal to around 26% of the total cost of the solar panels. That’s one-quarter of the entire price that you will get as a federal tax credit!
Preparing Your Home for Solar Panels
If you’re interested in joining the solar movement, Florida is the perfect place to do so. Still, you’ll need to have someone inspect your property to ensure it’s ready for installation. Your roof will need to be looked at and might even need some enhancements if the pitch of the roof or lay of the land isn’t working in your favor.
Having a quality team of professionals to scope out your project and suggest the next steps moving forward will not only prevent any delays or disruptions but will also ensure you have an efficient solar panel system for years to come. Contact Trinity Roofing today to speak with one of our professionals on getting your project started.