How To Get Free Solar Panels In Florida

In central florida starting november 1st 2016.

How to get free solar panels in florida. Solar power in florida has been increasing as the cost of solar power systems using photovoltaics pv has decreased in recent years. Florida has low electricity costs compared with other states which makes individual solar investment less attractive. The combination of federal incentives and utility programs alongside florida s property assessed clean energy pace program has made solar more affordable than ever before. 8 that means if you purchase a 6 kilowatt system for 18 300 you ll pay 12 810 after you receive your tax credit.

Florida s average cost of a solar panel installation ranges from 11 262 to 15 238. Florida is a little behind the times when it comes to solar power and green energy. But wait that s not all not only can you get solar panels installed for free you also get dramatically reduced monthly electricity bills with fixed rates for as long as 25 years. Another calculation that potential solar buyers have to consider is the solar payback period.

Unfortunately getting setup with free solar panels in florida is a little harder than some states. This generous rebate effectively knocks off 26 percent of the cost of your new solar energy system right off the bat as a credit on your income tax. Free discounted solar panel installation. An offer of free solar panels may be tempting but it could potentially cost you 25k in energy savings over the life of the system.

In 2019 the tax credit can reduce the cost of a solar installation by 30 7 including a solar battery purchase. Florida ranks ninth nationally in solar resource strength according to the national renewable energy laboratory and tenth in solar generation. Any customer of peace river electric coop who puts up solar panels has to sign a solar interconnection agreement which now includes a penalty of 5 00 per kilowatt usually 11 or 14 cents per kw for every kilowatt of power that is used during and after 15 minutes of higher than usual power usage. On a cost per watt w basis a solar panel installation in florida ranges in price from 2 25 to 3 05.

In addition to florida s state solar programs you ll be eligible for the federal solar tax credit if you buy your own home solar system outright. If you re willing to do the research and are a true do it yourselfer in other words you enjoy fixing stuff problem solving don t need a warranty and you can tolerate uncertainty about how long equipment will last then there are several ways you can get the absolute best deal on solar panels in order to reduce your impact on the planet and. If you need to finance your system. But wait that s not all the free solar panels installed on your home are warrantied monitored and maintained by your solar service provider again at no charge to you for as long as 25 years.

We want everyone to go solar but we also want them to fully reap the benefits.