Why?
Florida isn’t called the Sunshine State for nothing! With an average of 4.75 peak sun hours per day, your solar panels will be soaking up plenty of rays, making your investment in solar energy highly efficient and cost-effective.
Cost Savings
Solar energy can significantly reduce your electricity bills. Thanks to Florida’s abundant sunshine, you can generate a substantial amount of your own electricity, cutting down on your reliance on the grid. Over time, this can lead to significant savings on your energy costs.
Sales and Property Tax Exemptions
Florida offers a sales tax exemption on solar panel systems, meaning you won’t pay any sales tax when you purchase your system. Additionally, there’s a property tax exemption, so the added value of your home from installing solar panels won’t increase your property taxes.
Net Metering
Florida has a robust net metering policy, allowing you to earn credits on your electric bill for any excess energy your solar panels produce and send back to the grid. This can further enhance your savings and make your solar investment even more valuable.
Federal Solar Tax Credit
Don’t forget the federal Investment Tax Credit (ITC), which provides a 30% tax credit on the cost of your solar system. This can significantly reduce the upfront cost of going solar, making it more affordable.
Environmental Impact
By going solar, you’re not just saving money—you’re also helping to reduce your carbon footprint. Solar energy is a clean, renewable resource that helps decrease reliance on fossil fuels, contributing to a healthier environment for everyone.
Increased Property Value
Homes with solar panels tend to sell for more. In Florida, where energy costs can be high, the appeal of lower electricity bills can make your home more attractive to potential buyers.