Featured image by Colin Behrens from Pixabay 

According to the SEIA, the cost of solar panels in Florida has plummeted by 5% in the last five years. So now is a better time than ever before to go solar with your home or business.

What’s more, proposed Florida solar legislation means you only have until 2024 to enjoy the full benefit of grid-connected solar panels.

Net metering offers tremendous benefits. Yet residential solar installation is the only way to step away entirely from paying an electricity bill every month.

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Those are just some reasons to install solar panels in Florida soon. Keep reading to discover some more.

Florida Solar Incentives

According to these solar installers, Florida has committed to implementing 100% sustainable energy from municipal sources by 2030. As a result, homeowners enjoy a few solar incentives in the Sunshine State.

To get locals on board with this drive, the state is looking to create a sense of urgency around solar energy installations.

If this bill passes, those who install solar before 2024 can continue to sell electricity back to the grid at 100% of the current rate.

If you install your solar system between 2024 and 2025, you’ll only get 75% of the full rate. After that, the benefit decreases to 60%. What’s more, by 2028, you’ll only receive 50% of the usual rate.

Also, when you install solar power at home, you benefit from improving your home’s value.

In Florida, you won’t pay the increase in property taxes associated with this perk. Plus, you pay no sales tax when buying home solar systems. 

Through federal tax incentives, homeowners can also deduct up to 26% of the cost of their Florida solar power installation from their annual taxes if they get on board before the end of 2022. The deduction decreases to 22% in 2023.

Finally, you’ll find many rebates and low-interest solar financing programs applicable to you when you shop around for solar energy essentials in your town, city, or county.

The Big Picture

Apart from benefitting financially, sustainable energy offers many other long-term benefits for homeowners. Using solar energy reduces carbon emissions on a global scale, resulting in a better future for us all.

Carbon emissions relate directly to increasing severe weather incidents. These anomalies threaten our agricultural industry and our very survival.

It also uses less water than conventional power plants do and doesn’t infringe as much on the Earth’s natural environment.

When you work with a solar installation company based in your neighborhood, you’re helping to create employment and contribute to your community’s well-being, too.

A thriving community means higher property prices, reduced crime, and a safer environment for your family.

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Florida Solar Keeps Your Business Up and Running

Whether you work from home or run a business elsewhere, you know that electricity costs can eat into your profits. Likewise, a power blackout at the wrong time may cost you a fortune in lost productivity.

With Florida solar power initiatives, you never need to worry about a lack of power, and you’ll pay less on your electricity bills, too. When it comes to convenience coupled with environmental benefits and lower costs, you can’t beat solar.

For more information on ways to save money and turn a profit, browse our selection of business-related blogs.