Solar Benefits And Tax Incentives
Living in Florida is perfect for having solar systems installed for your home or business because Florida isn't called the Sunshine State for nothing. This means that there is ample power being generated by the sun just waiting to be harnessed. Many people feel that having solar installed can be rather expensive, and the reality of the situation is that these systems aren't cheap, especially when you consider everything that goes into making them. However, there are tax incentives that can make the whole process worthwhile and more feasible for your average Joe. So if you want to find out more about these incentives, then get in touch with us.
Solar Tax Credit
There are many benefits to having solar installed for your home. One of them is provided by the state, because they consider going solar to be a good initiative that not only benefits you but the state as well because it alleviates pressure from the grid. It is for this very reason that homeowners that pay tax can claim 26% of the overall cost of installing solar. That means that you as the homeowner technically only pay 74% of the overall cost which makes the overall installation far more feasible. So contact us to find out more about tax incentives and how they make installing solar worthwhile.
The way that solar works is very intricate and needs a lot of knowledge of how energy works to fully grasp the concept. The solar panels on your roof essentially receive power from the sun, at which point the inverter converts it into usable energy for your home. This means that sometimes there is more energy stored than what you can use, and that same energy can be pushed back into the grid and you will receive the full retail rate. As you can see, this makes it even more feasible to move over to solar as you will make your money back from various different avenues.
Property Tax Exemption
One of the major benefits of having solar installed if you live in Florida is that it is actually exempt from sales tax and property tax. In fact, this adds up to a 6% saving on the initial cost of having it installed. This all equates to a continuous ongoing saving on your annual taxes. On top of that, it improves the value of your home, so the savings really do continue and all the data points towards this being an extremely feasible project for you to undertake. So if you are interested in all the different tax savings that come with installing solar, then get in touch with us.
It Just Makes Sense
As you can see, the state really encourages the installation of solar as they understand the benefits that this has for everyone involved. So when you think about it, it really makes sense to move into the modern age of utilizing the power that the sun has to offer to power your home. So if you like what you see and you want to do your part for Florida while being backed by the state to get it done, then there is no better time than right now to reach out to us and discuss the various options available to you for your home.