Take Advantage of Local Florida Tax Incentives for Solar Panels
Find out exactly how much solar will save Gulfport, FL homeowners
There is no better time than right now to switch to solar energy, especially for Gulfport, Florida residents. There are countless environmental benefits to using clean electricity to power your home – but what many people don’t know is that there are many fiscal advantages as well! Here are some of the way Gulfport homeowners can save big when they install their solar panels.
Reduced Energy Bills
When you switch to solar power, it’s likely that you’ll see an immediate decrease in your monthly utility bills. The sun’s energy is clean, abundant and free. Solar panels absorb the sun’s rays and generate clean, price-protected electricity.
Our high-efficiency systems are designed to ensure that homeowners receive maximum offset from their system. This means that your panels are generating as much energy as they can during hours with sunlight. Homeowners with highly efficient panels do not need to use their neighborhood’s energy grid as much, as the sun is powering their homes during the day. The less energy you use from your neighborhood’s grid, the more savings you’ll see!
You can also see long-term savings thanks to many available solar tax credits and rebates. These incentives are available on both a national and local level.
The federal solar tax credit, also known as the investment tax credit (ITC), allows solar energy owners to deduct 26% of the cost of installing the solar system from their federal taxes. Residents who own their solar panel system are eligible for this tax credit.
Residential solar energy system owners can deduct 26% of the cost of installation for systems that have begun construction through 2020. The solar tax credit then decreases to 21% in 2021, and finally 10% beginning in 2022.
Florida has a few state-wide incentives that Gulfport residents can also take advantage of. Our solar installers will help you find all incentives and rebates that you qualify for to help reduce the cost of your solar system as much as possible.
Solar Financing Options
Solar technology is becoming more affordable as technology improves, but we still want to provide our customers with more options to finance their systems in whatever way suits them best.
There are a few ways you can help cover the cost of your solar power system. Momentum Solar offers flexible options such as solar loans, cash credit and power purchase agreements (PPAs) to help our customers pay for their energy in the ways that are most convenient to them. Speak with a Momentum representative to find out which option may be the best fit for you and your family.
Momentum Solar is one of the fastest-growing alternative energy companies in the nation. We are committed to providing our customers with cleaner, price-protected energy at an affordable cost. Call 1(888)-MOMENTUM for more information.
This customer’s bill is estimated to be $150 lower than the previous bill.
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Discover a new way to save energy.