The ITC Tax Credit

Qualifying purchases of solar panel systems can get a solar tax credit of 26% of the cost of the system with installation. The 26% tax credit is available to Florida homeowners who switch to solar in 2021 and next year. The (ITC) is due to go down in 2023 to 22%. There’s no better time to lock into that tax credit. Along with this tax rebate, there are more local incentives and offers that we are happy to discuss with you.  This is definitely one of the most appealing reasons to go solar in 2021 with an immediate pay check to offset against your investment.

Save Thousands of dollars each year

Installing a solar panel system to power your property in Florida can help you not only save money on your energy bills. In addition to the Investment Tax Credit paid by the Federal Government. Homeowners and businesses can build up credits whereby the unused kilowatts of electricity can be sold back to the grid. Some of our customers are receiving over $100.00 in credits on their electricity statements from the power company. The spring and summer months are where the panels will no doubt be building up to their maximum generation with respect to the longer days and increased sunshine. With this in mind, installing solar panels in 2021 can help you cut back on costs remarkably for Air conditioning and maybe your swimming pool motor/heater. In addition some of our customers love the fact they can power their Electrical motor vehicles through their home solar panel system.

Increase the value of your home

Solar panels to your home could help you save on energy costs and help the environment, but did you know how much it can increase the overall property value?

The National Bureau of Economic Research (NBER) recently released an analysis that found solar panels add between 3 percent and 4 percent to the value of a home. During the past year, homes with solar-energy systems sold for an average 4.1% more than comparable homes without solar power. But the news gets even better

According to Zillow, homes in Florida with solar systems sell for an average of 4.6% more! (That’s more than the national average!)

Further studies have indicated that homes with solar pv systems bought out right and not rented) are worth and sold at prices well above similar homes in the same area.

Lifetime Warranties Available

While the tax credits available for homes with solar power systems are beneficial to cut the cost of making your household more environmentally friendly, there are also a lot of exceptional manufacturer warranties out there on the market to help reduce the uncertainty of adding a solar panel system.  As LG Solar and Silfab Partners rest assured our customers the best quality products manufactured in North America. Our Solar customers can buy with confidence knowing the warranties offered by us cover the products, parts and labor on the solar installation. The beauty about the warranties on our Solar products is you only have to deal with us the Solar installer as opposed to shopping around to various suppliers and Third parties if something faults or breaks down altogether. Here at Solar Tech Elec we’ve got you covered.

Reduce Your Carbon Footprint and help the environment for future generations

While there are many factors which everyone can take into account to help your household become more environmentally friendly by reducing your carbon footprint, arguably there isn’t a smarter way to improve energy-efficiency and become energy independent. No longer relying on the power company for bought in non-renewable electricity. Smart homeowners across Florida understand the climate importance in green energy and the benefits it has towards a cleaner and more sustainable future for the environment.