Santa Rosa County Solar Installers
Santa Rosa County Solar Panel Company
Why does it make sense to consider solar panels if you live in Florida? The average monthly electricity consumption for a resident in Florida is 19.71% greater than the national average monthly consumption of 903 kWh/month. This makes the average monthly residential electricity bill in Florida around $123, which ranks 9th in the U.S . And according to the EIA, Florida consumes almost eight times as much energy as it produces. That means extra electric savings to homeowners in Santa Rosa County who choose to go solar.
Looking for a solar energy company in Santa Rosa County can be daunting, but with Compass Solar Energy’s financing options and 22 years of experience the decision is easy.
Florida Clean Energy
When you choose to install solar panels on your home, you’ll also be part of keeping Florida’s natural resources clean because solar energy is environmentally friendly. Homeowners in Santa Rosa County can also take advantage of the generous Florida state and federal tax incentives to make going solar easy and affordable.
Because of solar power’s great impact on the environment, there are a lot of incentives available to Florida solar purchasers to encourage solar. Due to varying uses of electricity consumption and home efficiency, the payback on solar panels differs from person to person. However, for most people, the investment in solar panels pays back within 6-8 years. Creating power during the day isn’t the only way you earn back your investment in solar panels. There’s also:
- Federal Tax Credit
- Net Metering
- Property Tax Exemption
- Sales Tax Exemption
Federal Solar Tax Credit Available
If you’re in Santa Rosa County and you’re wondering how to get solar panels at a reduced cost, this is something to take a close look at. From now through the end of 2020, the federal government has put a 26% tax credit in place to help people go solar.
But you’ll need to act fast to get in on the 26% credit. It’s reduced to 22% in 2021, and will be faded out by 2022.
Net Metering for Santa Rosa County Panels
Net metering is a very simple program. When your solar panels produce more energy than you use, your Santa Rosa County utility company will buy back the extra energy and credit your account for that amount. This allows you to further reduce your utility bill, and in very productive months, possibly bring it down to $0!
Florida offers statewide net metering, which means that no matter what utility company you use in Santa Rosa County, you’ll have access to this program. However, please keep in mind that each utility company has different requirements and rates. Compass Solar Energy will work your Santa Rosa County utility company to ensure all net metering regulations are satisfied and met.
Property Tax Exemption for Santa Rosa County Solar Panels
Solar panels have the wonderful effect of adding a bunch of value to the home that they’re installed on.
With that added value, however, usually comes a higher property tax. But you won’t have to worry about that with solar panels, because you live in Florida! The Florida state government has generously waived property taxes for solar panels.
Not having to pay additional property taxes, while also being able to improve your home value is a home run for anyone thinking about making the switch to solar!
Sales Tax Exemption for Santa Rosa County Solar Panels
When you purchase something, you have to pay sales taxes on it. When it’s a smaller purchase, like when you go out to dinner, or need a new pair of shoes, it doesn’t seem like too much. But when you have to make a larger purchase, like a new car, that sales tax can add on hundreds of dollars or more to the final price.
But you don’t need to worry about sales tax when you purchase your Santa Rosa County solar panels! That’s because in Santa Rosa County, the sales tax is waived when you purchase solar panels. So you can go green, and also save a little green.
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