Solar Panels in Tampa FL: Your Complete Guide

by | Jul 18, 2022 | Blog, Commercial Solar, Residential Solar

Florida is a great place to install solar panels. Florida’s combination of great sun exposure, solar tax credit, net metering policies, and strong financing options allows homeowners to enjoy a high return on their investment in residential solar panels. This article will include all you need to know about solar panels in Tampa FL!

Solar panels costing more than 80% less than 10 years ago is a significant savings. They also provide homeowners with thousands of dollars worth of savings over their 25-to-30-year lifespans.

After taking the 26% federal tax credit, the average cost of a Florida residential solar system is $11,442. This works out to $2.58 per watt. There is however some variation in the prices of solar energy in different areas. 

Are Solar Panels Worth The Investment In Florida?

Over the past ten years, solar panels have seen their prices drop by more than 80%. They will continue to be subsidized by the 26% federal credit and net metering law, making them an excellent investment. 

Another way to approach this question is to calculate the cost per kWh of electricity you will consume over the next 25-years with or without solar panels. The savings can be significant!

Federal Solar Tax Credit

Each homeowner in the United States can earn a federal tax credit that equals 26% of the cost to install solar. You can be eligible for the credit if you have income. This will allow you to significantly reduce the cost of going solar in the second year.

Net Metering

Floridians have Net Metering. This means that all the kWh (kilowatt hours) of electricity generated from your panels will reduce your monthly electric bill by the same amount. This can reduce your monthly electric bill to as little as a few dollars per month, only what it costs to maintain a connection to the grid. The utility company will give you a check for excess electricity if your system produces more than you use during the year multiplied with their wholesale energy rate, or avoided cost.

Other Incentives

Florida residents can also benefit from a few state-sponsored solar incentives that can help make the decision to go green easier. Sunshine State solar installation exemptions are available for both property and sales tax. This means that your purchase of solar panels will be less expensive upfront and your property taxes will not rise.

How Long Can Solar Panels Last?

Minimum 25 years, but most commonly 30+. We know that solar panel performance can depreciate over time. We advise referencing the Manufacturer’s data sheet before purchase. We are proud partners with Silfab Solar – which offers premium grade panels suitable for residential and commercial use.

Are Solar Panels Subject To Regular Maintenance?

They can be cleaned if they get dirty. If your system does not come with maintenance coverage, it’s worth double-checking before purchase. Solar Tech Elec provides labor and service guarantees on our installations. However, if you bought your system with a different contractor, we can provide inspections and maintenance plans through Shield Your Solar. Visit the website for more information.

Solar Panels in Tampa Florida!

Solar panels can generate different amounts depending on where they are located.

Florida’s greatest advantages for solar panel installation are the financial savings. The 26% federal tax credit is one of the best. Florida offers several state-level incentives to help lower the initial cost of solar panels.

There will be no incentives to help you install solar panel in Florida soon. In just two years, the federal solar tax credit will be reduced to zero, meaning that home solar installations won’t reap the same financial benefits.

If you are interested in going solar and getting solar panels in Tampa FL, Contact us today at Solar Tech Elec

Categories

General BootyGeneral Booty
18:00 22 Jan 22
Ross and his team were excellent with quotes, pricing, communication, educating me on the solar system, follow through, and follow up. The install team was very friendly and informative and did great work. A very high quality inverter and 23 very high quality solar... panels were installed excellently. Thank you Ross and everyone at Solar Tech Elec! I would definitely recommend them to everyone interested in getting a solar system as they are there for you after the install with your questions or concerns as well.read more
Breah DiLaneyBreah DiLaney
02:38 14 Dec 21
After multiple quotes, scam companies, 3rd party contractors and panels that came from lower grade materials; we could not be any happier with Ross and the guys @Solar Tech. He is honest, knows his products, came to our home when it fit in to our schedule and never... pressured or tried to sell us on anything. He even listened to our electric use concerns and offered multiple products to maximize our savings. Install just completed on our panels and it has been perfection from the 1st phone call. Bravo guys!read more
Ken RosenbergerKen Rosenberger
14:40 03 Nov 21
Couldn’t be more pleased with Solar Tech Elec. We got three quotes for a very good sized solar system and theirs was the best. They use top quality, American made equipment, the staff were very professional and the installation went flawlessly. I highly recommend them!
Karlie WyseKarlie Wyse
21:26 15 Oct 21
Fantastic company! Best quote I received from any solar company and the installation process was smooth as butter. We had 28 panels installed and everything was complete in 1 day. The installers were very nice and professional as well. Don't look any further if you're... considering Solar panels! Highly recommendread more
js_loader