A major percentage of power that runs Florida homes still comes from fossil fuels. The use of coal and natural gas has contributed more than 200,000,000 metric tons of sulfur dioxide and carbon dioxide in the atmosphere last year, cramping Florida into the nationwide list of top ten coal consumptions.
Miami, Broward, and Palm Beach being in the hotspot of solar radiations, Florida has the potential to top the rank for solar energy in the Country from fourth last year. Not only you, the pristine beaches and national parks of Florida will benefit from solar energy being utilized by homeowners.
What is Green Energy?
Electricity generated from fossil fuels contributes more than 31% of greenhouse gases responsible for global warming. Solar panels are dependant on sunlight to produce energy and don’t produce greenhouse gases or require water to function. Florida is subjected to an ample amount of solar radiation throughout the year and with encouragement from local governments, residents are leaning towards green energy sources like solar power. Now it’s the best time for you to jump into the green train not because of environmental health, but because you will be able to diminish your monthly bill in 2 months after the installation of solar panels; thanks to Florida Net Metering.
Why Go Green Now:
Solar technology is evolving every day, just 5 years back, the technology was ugly and inefficient, thanks to the new improved panels, you can get up to 10% more output in Florida now. Being more efficient means fewer solar panels – reduced cost and space for the same energy output.
With an increase in demand, the cost of solar panel setups has decreased significantly. As significant as 43% in some cases. Miami and Palm Beach have seen the most fall in prices, followed by Broward.
The abundance of sunlight, tax deductions, and Florida Net Metering – an initiative that pays you back with reduced electricity bills for exporting excess power generated by your solar powers to the main grid. What do you need more to act!
Cost of Solar Panel System is Florida:
The cost of installing solar panels can vary depending on the size of the array, exposure, and brands. On average, for a typical 6kW solar system, the prices can go up to $15,660. That’s before claiming any incentives.
This may seem like a lot, but when you calculate the long-term benefits, solar power is a great deal, paying back the investment within 6-8 years by reducing property taxes and reducing energy bills.
Florida Clean Energy Loans:
The state of Florida allows local authorities to offer you a loan for any upgrade related to green and clean energy, like solar panels. Which is then paid back by increasing your property tax to your local government.
Clean energy loans (PACE) differ significantly from regular solar loans. In the case of PACE, You can continue to pay the loan or have the panels removed if something goes terribly wrong. Not having overdue taxes or mortgage payments should make you eligible to apply for PACE.