Solar Panel System

Solar panel cost vs benefits

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Solar panels have become mainstream as technology has progressed. In our changing world where electricity prices are highly volatile and traditional energy sources get depleted, solar energy is a safe and clean option.

Solar panels harness the power of the sun and turn it into electricity. This electricity is then directed to your home where it powers all your appliances, including washers, cookers, A/C, laptops, and even your EV.

Instead of relying on the electricity grid, you can produce electricity on your roof. Any excess energy can be sold back to the grid and your utility company will pay you back for it.

If you are still unsure about solar panel technology, call Solar Prime USA and talk to one of our solar panel technicians. They will guide you and answer all your questions.

Below is a quick guide about the costs and benefits of solar panels in Florida.

Benefits of installing solar panels in Florida

You reduce your electricity bill

The most important benefit of installing solar panels is that you reduce your electricity bill. Your roof is producing solar energy, which powers your home. Any excess electricity is sold back to the grid and you only use the grid during the night when your solar panels are not producing electricity.

Depending on the size of your solar panel installation, you can lower your electricity bill significantly, often to $0.

You increase the value of your home

Solar panels increase the value of homes by 4% on average and up to 10%. That’s a great way to increase your home equity, particularly if you want to sell your home in the near future.

In addition, homes with solar panels typically sell faster, which is another benefit.

Solar energy is infinite

You never have to worry about running out of solar energy. The sun will shine upon us for millions of years. The same can’t be said of coal, gas, and petrol, which are getting depleted and whose prices fluctuate immensely.

Solar energy helps you keep your electricity cost stable and protects you from the volatility of the energy market.

Solar energy is free

Do you get worried about the cost of petrol at the pump? Petrol and gas prices are erratic but solar energy is free. You never have to worry about the price of the sun. Sun energy is given to us freely. It is sustainable and inexhaustible.

Solar panels pay for themselves within a decade

The solar payback period, i.e. the time it takes homeowners to recover their solar panel investment, is typically 8 to 10 years. After that, your solar panels produce a pure profit for your household.

Solar energy is clean energy

It is good to know that you can help the environment with your investment. Solar panels are based on clean energy. Solar energy produces no carbon dioxide or other harmful pollutants. Doesn’t it feel good to know that you are helping your children and grandchildren breathe cleaner, safer air?

Solar panels require minimal maintenance

Solar panels require minimal maintenance. You can wash them down with some water once per year to remove any dust—this will help them remain productive and efficient. Short of that, you don’t need to do much maintenance. This means you don’t have to budget for maintenance costs in your initial installation calculations.

Your home could become energy independent

You can choose to install batteries as a backup energy storage medium. In this case, you will store the excess electricity you produce during the day so you can use it during the night. With such a backup system, your home can be totally energy independent.

Florida is a great state to install solar panels

Florida, the sunshine state, stands by its name with 73% average sunshine per year and more than 237 days of sunshine.

Tampa, Miami, and Key West are in the top 25 sunniest cities in the whole country. If you install solar panels on your residential or commercial roof, you are sure to have plenty of sunshine and your panels will work at their optimal level.

Financial incentives

There are currently many financial incentives to install solar panels. The federal solar tax incentive gives homeowners a 30% tax credit. This program runs until 2032.

Florida State exempts solar panels from sales tax, which currently stands at 6%. Your property increases in value with solar panels but Florida State exempts you from the additional property tax.

Costs of installing solar panels in Florida

Solar panels have plenty of benefits but also carry some costs.

Solar panel installation cost

Solar panels require an upfront installation cost, which can be quite significant. Unless you have the cash, you will need a loan. Loan payments extend your solar payback period and eat away at your electricity savings.

Of course, tax exemptions and tax incentives make installation more approachable and budget-friendly.

Roof sunshine exposure

Some roofs are obstructed by trees and nearby buildings and don’t have enough exposure. In these cases, your solar panels may not be as efficient as expected.

Small roofs

If your roof is too small, Solar Prime USA may find it hard to install an adequate number of solar panels. In this case, we could opt for high-efficiency panels, which are more expensive.

Backup energy storage is expensive

Batteries are expensive to purchase. If you want a backup energy storage system, the overall cost will be higher. However, your home will be totally energy independent.

Solar panels don’t work at night or with heavy clouds

Solar panels work optimally in the sunshine. Clouds lower the solar panel system’s efficiency. Heavy clouds limit to a large degree the ability of the solar panels to capture sun rays.

While there are solar panels that can work even during the night, most models can’t. During the night you typically have to purchase electricity from the grid through net metering, unless you have installed batteries.

Frequently Asked Questions

Can you sell electricity to the grid in Florida?

Florida has net metering, so yes. Net metering is the way homeowners sell excess electricity to the system and purchase electricity when their panels are not producing electricity, for example during the night.

Net metering helps you make money when your solar panels are producing more electricity than your home consumes. It is also the way for you to have electricity when the panels are sitting idle.

Crucially, utility companies are compelled by law to buy your electricity at the same rate they sell it to you.

Do I need a permit to install solar panels on my home roof?

You need to issue a permit from the building department. As your one-stop shop, Solar Prime USA will take care of all paperwork and apply for permits and inspections with all the relevant departments.

We have created a simple installation process for our customers, to make it easier for them to follow our work progress and give them peace of mind. Our customers only need to sign an agreement with Solar Prime USA and we’ll take care of the rest.

julie Castro
julie Castro
Helpful with school project, very knowledgeable staff and helped with solar project at Osceola Adventist Christian School.
Delice brain
Delice brain
They installed my solar system a few months ago ! I am very satisfied solar prime did the job good ! I didn’t pay anything before they installed everything on my roof ! I have 23 panels 370 watts it’s good for me 🌞
Rachelle Monchille
Rachelle Monchille
Thank you very much Solar prime usa they took good care of me , the installation of the solar system took 2 months! Representative was always responsive to all my questions! They came several time to check that my solar system was correctly installed! I recommend strongly this company 👍👍
Samuel Micelus
Samuel Micelus
Thank you solarprime usa its a great company and very good customer service , the permits was slow because of the city , but after this everything went very well , solar system is producing!
Carlui Marrero
Carlui Marrero
Excellent attention! Fast service! Very happy with customer service!
Roland Presume
Roland Presume
Great service, efficient program. Very satisfied and content
Jordan Hallam
Jordan Hallam
If you're looking for a solar company that values care, honesty & having your best interests at heart then use Solar Prime USA. These guys will look after you from start to finish and make sure you save as much money as possible

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