Take Advantage of Local Florida Tax Incentives for Solar Panels
Find out exactly how much solar will save Apopka, FL homeowners
Your Guide to Going Solar in Apopka, FL
As more and more solar panels appear on Apopka rooftops, you may be wondering if you should also make an investment in solar panels. With the cost of solar panels lower than ever and abundant sunshine throughout the year, a solar panel system is an investment that is guaranteed to pay off in Florida.
At Momentum Solar, we have helped countless numbers of Apopka homeowners make the transition to clean, renewable solar energy. As such, we are well positioned to help you understand the costs and benefits of going solar. Once armed with all the information you need, you can decide if installing solar panels is the right choice for you.
How Much Can I Save with Solar Panels?
First and foremost, you need to understand how much an investment in solar panels is worth. Your investment in solar will pay of as your rooftop panels generate free electricity for you over many years. Throughout the entire lifespan of your solar panels (approximately 25 years), you will enjoy ongoing cost savings on your electricity bill.
Cost of Solar Panels & Solar Tax Credits
Of course in order to enjoy these substantial savings, you will need to understand the costs associated with purchasing solar panels for your Apopka home. The average cost of home solar panels is around $26,000 for a system that will meet the needs of a typical 4-person household. Your exact cost will vary based on the number of panels you require and the unique layout of your home and property.
This cost can be reduced by 26% by leveraging solar tax credits at the end of the 2020 tax year, resulting in a substantial $6,760 savings in the first year alone. Solar tax credits are a valuable incentive designed to help lower the financial burden of going solar by providing a dollar-for-dollar reduction in your federal income tax liability. If you want to take advantage of this incentive, you need to act soon – the solar tax credit will only be available for residential installations until the end of 2021.
How to Pay for Solar Panels in Apopka
While the upfront costs of solar panels may sound like a lot, there are a number of ways you can make this figure more affordable. For Apopka homeowners who wish to enjoy the greatest return on investment, the smart choice is to purchase your solar panels. If you don’t have the cash available to purchase your panels, you may wish to consider a solar loan. We are pleased to be able to offer our customers some of the most competitive solar loans available in Florida. These loans are designed to allow you to spread the cost of your solar panels over several years with affordable monthly payments that are typically less than your current electric bill.
For those who prefer not to make any type of cash investment in solar, then a Power Purchase Agreement will be the best choice. In this agreement, Momentum Solar will be fully responsible for owning and maintaining the panels on your roof, making this a very low-maintenance way for you to enjoy the benefits and cost-savings of going solar. To learn more about either of these solar financing options, please contact us today to schedule a free consultation.
Your Free Solar Consultation
If you’re ready to learn more about how you can save big by installing solar panels on your property, we encourage you to contact us today. As one of the leading solar installers in Apopka, we will be able to provide you with all of the information you need to decide whether transitioning to solar is the right choice for you. It all begins with our free, no-obligation consultation at your property. During this meeting, you’ll have the chance to learn more about how solar works and your solar financing options, as well as receive a custom quotation for your residential solar system. Contact us today – our team is looking forward to hearing from you!
This customer’s bill is estimated to be $150 lower than the previous bill.
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