Solar power continues to gain popularity as a source of renewable energy, as seen in recent years. Property owners are now installing solar panels to help reduce their reliance on fossil fuels and save money on energy bills.
Solar panels are a clean energy source that can be used to generate electricity. Solar energy systems produce electricity by converting sunlight into direct current (DC) power. This DC power can then be converted into alternating current (AC) power, which is the type of power typically used in homes and businesses.
In South Florida, solar panels can generate a significant amount of power thanks to the region’s high amount of sunlight. Solar energy systems can be used to power entire homes or businesses, or they can be used to supplement a traditional energy system. Either way, solar panels can help reduce emissions and save money on energy costs.
As more people learn about the benefits of solar power, it is likely that many will choose to install solar panels in the area.
How Do Solar Panels Help Save You Money?
As more and more states start implementing renewable energy programs across the country, we can expect the popularity of solar panels to continue growing. But how do solar panels actually save you money?
Let’s take a closer look at a few different ways that solar panels can help you keep more of your hard-earned cash in your pocket.
Lower Your Energy Bills
One of the most obvious ways that solar panels can save you money is by reducing your energy bills. Depending on your solar system size and the amount of sunlight that your property receives, you could see a significant reduction in your monthly energy costs.
In some cases, people who have installed solar panels have been able to eliminate their energy bills entirely.
Solar panel systems typically last for 20-25 years, so over the lifetime of your system, you could save tens of thousands of dollars on your electricity costs. Even if you only see a small reduction in your monthly energy bills, those savings can add up over time.
In an effort to encourage the use of renewable energy, the state of Florida offers a 100% property tax exemption for residential properties that use sustainable energy. On the other hand, the state offers an 80% property tax abatement for non-residential properties such as solar panels installed at businesses. These solar tax incentives are available to help offset the initial cost of installing renewable energy systems and encourage residents to use cleaner, more sustainable forms of energy.
Solar Panel Tax Incentives And Rebates
In addition to saving you money on your energy costs and increasing the value of your property, solar panel systems can also help you save money with tax incentives and rebates.
The federal government offers a tax credit for homeowners who install solar panel systems, which is equal to 30% of the cost of installation if purchased in 2022. So if you install a $10,000 solar panel system, you would be eligible for a $3,000 tax credit.
Some states also offer additional rebates and solar incentives for people who install solar panel systems. These rebates can range from a few hundred dollars to several thousand dollars depending on the state where you live.
Increase Your Property’s Value
Another way that solar panels can save you money is by increasing the value of your property. A study by the Lawrence Berkeley National Laboratory found that homes with solar panel systems sell for an average of $4 per watt more than homes without solar panel systems.
So if you’re thinking about selling your home in the next few years, installing a solar panel system could help you get a higher sales price and earn back some of the cost of installing the system.
Let Skymark Handle Your Solar Panel Installation
Solar panel installation is a process that typically involves attaching the panels to the roof of a home or business. If you need experts in handling solar panels, Skymark is at your service.
Skymark is a leading provider of solar energy systems. We have a team of experienced professionals who are dedicated to providing the highest quality products and services. We offer a wide range of solar energy systems, from small residential systems to large commercial projects.
Let’s chat today to learn more about our solar services.
How Much Does A Solar Panel Cost?
While it can be a significant investment, solar panel costs have been on the decline in recent years. This makes them a more viable option for the average homeowner.
In Florida, the average cost of a solar panel is around $3 per watt, with the average home requiring around 6,000 watts of power. This means that the average solar panel system in Florida would cost around $18,000.
How Many Solar Panels Does Your Property Need?
The number of solar panels you need for your property depends on a few factors, including the size of your solar installation and the amount of sunlight your location receives.
A typical residential solar installation has between 20 and 40 solar panels installed, but the number can vary depending on the needs of the home. For example, homes that consume more energy may need more panels to produce enough electricity, while homes that have a lot of south-facing roof space may be able to get by with fewer panels.
Ultimately, the best way to determine how many solar panels you need is to consult with a solar installer, such as Skymark, who can assess your specific situation.
What To Consider Before You Install Solar Panels
How Much Sun Your Property Receives
You need to consider the amount of sunlight that the property, either home or business, receives. If you are living in an area with a lot of sun, then you’ll want a solar energy system that can take advantage of that solar resource.
The Number of Solar Panels Needed
You need to determine how many panels you’ll need to cover your energy needs. This will vary depending on the size of your property and how much energy you use. If you have a large property, then you’ll need a solar energy system that can generate enough electricity to power all of your needs.
Installation Costs
You need to be aware of the potential cost of installing solar panels. While the initial investment may be high, the long-term savings can be significant.
Having One of the Top Local Solar Companies to Assist You
You need a reputable local solar company with experienced technicians to install the panels.
What better way to make your home or business more energy independent than by using our top-notch solar solutions? Skymark Solar is one of the most trusted solar companies in Florida. We are committed to helping our customers save money and reduce pollution by providing high-quality solar products and services.
Can You Store Solar Energy For Future Use?
One way solar energy can be stored for future use is by installing a residential photovoltaic system, or PV system. A PV system is made up of solar panels that convert sunlight into electricity. This electricity can then be used to power your home or store excess energy in an electric battery bank for future use.
Solar batteries are specially designed to store solar energy and release it as needed, making them an ideal solution for storing solar energy for future use.
Are Solar Panels Worth It?
With the high initial investment required to purchase and install solar panels, many people wonder if going solar is really worth it.
In Florida, the answer may surprise you. Although the upfront cost of solar panels can be significant, the average property owner in Florida will actually save money in the long run by going solar. This is because solar panels generate electricity from the sun, which is free once the initial investment has been made. Over time, the savings generated by solar panels will eventually offset the cost of the initial investment.
As a result, going solar is a smart financial decision for many Florida residents.
Contact Skymark To Learn More About Solar Panels & How You Can Start Saving Money Today
More and more people are turning to solar power as an eco-friendly alternative. Solar panels have been proven time after again to provide peace of mind by ensuring that you’re staying safe from dangerous chemicals like fluoride membranous particles found in nuclear plants. This can cause serious health problems over long periods, even if they don’t directly participate.
Whether you are in need of a commercial or residen tial solar power system, Skymark Solar offers a variety of services that can help you go green and make your home or business more energy-independent.
Ready to make the change? Contact us today!
