Solar Power for the Sunshine State
𝗔 𝗦𝗼𝗹𝗮𝗿 𝗣𝗮𝗻𝗲𝗹 𝗚𝘂𝗶𝗱𝗲 𝗳𝗼𝗿 𝗙𝗹𝗼𝗿𝗶𝗱𝗮
If you’re thinking about powering your home with solar in Florida, our guide has everything you need to know, from choosing the right system to saving money on your electricity bills. Learn about the benefits of solar for Florida homeowners, such as reduced energy bills, available incentives and programs.
Florida is the third-ranked state in the nation for total solar generating capacity, and its average of 237 sunny days per year—15% more than the national average—earns it the title of the Sunshine State ☀️.
The solar generation potential of Florida can be harnessed to provide homeowners with resilient backup power through solar + battery storage systems in case of an outage. These systems, combined with local and federal incentives such as the Inflation Reduction Act, make building solar standard communities a smart choice for homebuilders who want to be prepared.
Solar Panels in Florida
The biggest reason it’s worth getting solar panels in Florida is the abundant sun that increases production and maximizes the return on investment of solar. In addition to abundant sun, the average temperature in Florida is just over 70 degrees – the best point for optimum solar production – and regular rain cleans solar panels to keep them operating efficiently.
In other words, it requires fewer panels and less money to power a home in Florida than it does to power the same home in almost any other state. According to the National Renewable Energy Lab (NREL), the entire state of Florida averages 4.75 or more peak sun hours per day. By going solar in Florida, you can save between 43% - 63% on your electricity bills while reducing your carbon footprint and contributing to a cleaner environment.
In addition, Florida has a number of financial incentives available for solar power, such as the solar energy property tax exemption and the federal solar tax credit. These incentives can help to make solar power more affordable for homeowners and businesses in Florida.
Florida Solar Net Metering
In Florida, the solar net metering program allows solar panel owners to sell excess energy they generate back to the grid. Through this process, a specialized meter records the amount of solar energy you sent to the grid, resulting in Solar Renewable Energy Credits (SRECs). These credits can be applied to lower monthly energy costs.
It's worth noting that in certain states, such as California, adjustments to net metering policies have been implemented in 2023. While we closely monitor these developments, there's a strategic advantage for those adopting solar in Florida before potential changes. Becoming an early adopter ensures a "grandfathered" status, preserving the current benefits even in the face of future policy shifts. This approach not only enhances the return on investment in solar but also provides insulation against potential alterations affecting newcomers to the solar initiative.
Solar Property & Sales Tax Exemption
One of the best liked solar incentives is the solar property tax exemption, also known as the Property Tax Abatement for Renewable Energy Property. Here's how it works: when you install a solar system on your home, it could potentially increase your property's taxable value by up to 5%. However, with this incentive, you get a significant tax relief. This means you get to enjoy the advantage of an increased property value without having to deal with additional taxes.
Another noteworthy incentive in Florida is the solar sales tax exemption. It's a straightforward benefit that translates to an immediate 6% savings on the total cost of your solar panels. This exemption covers everything from the solar panels themselves to solar batteries and the installation costs.
What are the different types of solar systems available?
There are two main types of solar systems available: grid-tied and off-grid. Grid-tied solar systems are connected to the electrical grid. This means that homeowners and businesses with grid-tied solar systems can sell excess electricity back to the utility company.
Off-grid solar systems are not connected to the electrical grid. This means that homeowners and businesses with off-grid solar systems must store all of the electricity that they generate. Off-grid solar systems typically use batteries to store electricity.
Florida's Solar + Battery Opportunity: Unleashing Long-Term Financial and Environmental Advantages
While a $70,000 investment in a solar + battery system may initially seem substantial, considering Florida's energy landscape, it presents a compelling long-term opportunity for discerning homeowners. This strategic investment is not merely about cost reduction, but about redefining your relationship with energy, securing long-term financial stability, and aligning with sustainable principles.
Unplug from the Grid's Grip:
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Florida's average grid electricity cost stands at 15.3 cents/kWh, translating to an annual $1,692 for a typical home. This figure, historically prone to increases, represents a growing financial burden.
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A $70,000 solar + battery system, benefiting from a 30% federal tax credit, lowers your cost per kWh to a remarkable 8.7 cents. This immediate reduction translates to annual savings of $730, a considerable step towards financial independence.
Invest in a Sustainable Future:
Beyond immediate savings, the true value lies in the system's lifespan:
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Over a 25-year period, those annual savings accumulate to $18,250, effectively returning your initial investment. Add the tax credit back, and your net gain reaches $32,000.
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This sustained economic advantage transcends cost-reduction. You become an independent energy producer, empowered to manage your consumption and mitigate future price increases.
Beyond Financial Freedom:
The benefits extend far beyond monetary gain:
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Energy Independence: Break free from grid vulnerabilities and power outages. Own your energy generation and storage, ensuring uninterrupted power for your home and family.
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Environmental Stewardship: Solar energy is inherently clean and renewable. By harnessing the sun's power, you significantly reduce your carbon footprint and contribute to a sustainable future.
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Enhanced Home Value: Studies consistently show that solar-powered homes attract buyers, potentially fetching higher sale prices and quicker transactions.
Embrace the Sun, Secure Your Future:
At American Solar, we understand the magnitude of this decision. We offer:
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Expert solar system design and installation: We craft solutions tailored to your energy needs and budget, maximizing savings and efficiency.
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Financial navigation: We help you explore financing options, including loans and Power Purchase Agreements, making solar an attainable reality.
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Unwavering support: We guide you through every step, ensuring a seamless transition to solar-powered living.
Embrace the sunshine and unlock a future of energy independence, financial stability, and environmental responsibility. Schedule a free consultation today and take control of your energy future.
Ditch the red, embrace the green! Go solar and watch your savings blossom.
Break free from high grid bills. Invest in your future with clean energy and financial independence.
Solar Increases Home Value in Florida
Solar panels boosted home prices by 4.1% on average in 2019, according to Zillow, adding nearly $11,000 to the homes value. This trend likely continues in 2022. Even if you move early, you benefit from short-term savings and may recoup solar costs through higher home resale value.
