VNYA_logo_300x55-sfdc
FREE SOLAR QUOTE

Enlightening You to Help Create More Positive Energy

Featured Post

7 Reasons Floridians are Switching to Solar

iStock-1189740919

Not sure yet if upgrading your home with solar is the right improvement for you? We encourage you to consider these 7 perks of  producing clean, low cost renewable, and reliable energy when deciding if getting a custom quote is right for you.

1. Florida Homeowners Receive a 26% Federal Tax Incentive:   

You can get 26 percent off your total solar investment. In Florida, homeowners have a federal solar tax credit also known as the investment tax credit (ITC), which allows you to deduct 26 percent of the total investment in solar energy from your federal taxes. The ITC applies to both residential and commercial systems, and there is no cap on its value. That means if you invested as much as $50,000 to improve your home, the Federal Government will give you a $13,000 discount on your income taxes. Ask your accountant if you can get that kind of break with a new pool or kitchen.

2. Increase Your Home’s Value:

According to Zillow, activation of a solar energy system on a Florida home can result in a value jump of 4.6%. That’s 2nd highest in the nation. Also, using top of the line brand name products will likely help your home sell faster when you choose to move. Solar homes have a unique marketing aspect and surveys have shown that potential buyers prefer a home with a solar energy system over ones that rely on high cost fossil fuel. There are even some states like California that require solar to be installed with all new construction homes, and in Florida, the building code requires solar access areas.

3. Become Energy Independent

By generating your own clean energy you no longer depend on your local fossil fuel powered utility. Most utilities rely heavily on polluting natural gas to keep the lights on. When you are generating your own energy the utility is taking their foot off the gas pedal just a little bit. So if you can help positively impact the global climate crisis while saving tons of money, imagine if your entire neighborhood went solar. How much gas pollution would be eliminated from the air? Something to think about.

4. Affordable Payment Options - $0 Upfront Costs!

Solar is not free like a lot of the ads claim, but solar is affordable. Building your own personal solar power plant can be a sizable upfront investment and paying for 40 or more years of energy up front is not how most people normally buy energy. It might feel costly, but financing options with as little as $0 down make your monthly payment comparable, sometimes even lower, than your new fixed monthly utility expense. Basically, you transition from paying for your utility owned power plant to creating your own solar energy power plant that builds equity in your home. With little to no change in your monthly budget we make paying off your renewable system flexible. It's essentially choosing to rent versus buy a home, but now your home has a rooftop tenant that pays you monthly and never moves out. Keep this in mind, rate increases from a utility company are just like a landlord raising your rent. Eventually, the system pays for itself and keeps producing energy, likely for another two decades.

5. Sell Your Excess Energy Back to the Utility Company

There is no such thing as too much of a good thing when it comes to solar. Making too much energy? Sell it. Occasionally, your solar energy system may produce more electricity than your home consumes. For example, you might go on vacation with the money you’ve been saving. The excess energy you aren’t using during that time is sent back to the main utility power grid. The best part? Most Florida utility providers pay you for full fair retail value or give you credit against your net metering bill - yes this is a thing! The excess energy credits roll over month-to-month just like rollover minutes on the old wireless cell phone plans.

Bonus: States with SREC markets have a legal mandate to get a certain percentage of their electricity from solar power, and utilities will buy your SRECs in order to fulfill the mandate. Cha-ching!

Not-so-Bonus: Florida does not have an SREC mandate yet.

6. Have Continuous Power Throughout a Storm, Hurricane or Natural Disaster

Be prepared for Florida's next storm or hurricane outage by backing up your solar panel system with a battery backup, like Tesla Powerwall. Solar panels are rated for very high winds. Florida has one of the safest building codes in the country due to the frequency of mega storms. Solar panels installed in Florida have to be designed to meet these standards. As long as you choose a durable panel and integrate a backup battery, your home will continue to operate as normal regardless of whether or not the utility power grid is down. No gas guzzling generator needed. 

Bonus: Solar storage batteries also qualify for the 26% solar tax credit. This means Florida homeowners can get premium brand solar energy panels and backup battery systems at a discounted price. How much is the tax incentive for a generator you ask? Zilch.

7. Your HOA/POA/Club Community/Utility Provider Cannot Prohibit You from Switching to Solar

Karen can tell you that bougainvilleas are not allowed or your lawn needs to be mowed, but she can’t stop you from going solar. Your Community guidelines or bylaws cannot prohibit you from switching to solar energy and creating our own clean, renewable power plant at your home. In fact, this is a Florida law called the Florida Solar Rights Act. If you look and see your community has a restriction prohibiting solar panels, it’s a violation of the Florida Constitution. It’s basically Florida’s right to bare solar arms.

BONUS REASON: Solar is Exempt from Property Taxes

Unlike other home improvements like new kitchens, additions or pools, Florida homeowners never have to worry about the government adding outrageous property taxes to their home when they install a solar energy and backup battery system. In some counties that can be as much as 3% of your investment added to your property taxes by your friendly local tax assessor. But solar is exempt from property taxes on residential property and 80% exempt on commercial property in Florida. Additionally, solar energy equipment is exempt from sales tax. That’s another 6-7% (even higher in some areas) in savings.

If you found this information helpful, please share it with your friends ☀️

Get up to 6 months of Free Solar

Frequently Asked Questions

Can FPL or my HOA prevent me from switching to solar?

The Florida Solar Rights Act is a law that forbids any entity—including homeowner associations—from prohibiting the installation of solar or other renewable energy devices on Florida buildings.

An association may require approval of a system installation and may establish restrictions for installations. However, any such restrictions must be reasonable, not arbitrary, and applied in a uniform manner for all association members. Also, any restrictions must not have the effect of impairing the performance, or increasing the cost, of a solar system.

In particular, a homeowner association may not prevent the installation of solar collectors on the roof of a home. The association may determine where on the roof the collectors may be installed, so long as the collectors face within 45 degrees of due south.

Finally, any requirement(s) that a system be screened from view by trees, fences, ground mounting racks, or a remote roof location that is hidden from the street, will generally violate the statute.

Click here to verify information is provided by the Florida Solar Energy Industry Association

Is solar free for Florida homeowners?
  • The sun is free to everyone.
  • Solar panels and specific back-up battery systems qualify for a number of rebates, tax credits and incentives.
  • There is a cost associated with solar energy because you are paying for your system. 
  • Financing enables homeowners to make the transition with $0 upfront costs
  • Systems often cost the same amount monthly as your current FPL bill
  • Solar puts equity in your home because you own the system and increases the value a minimum of 4.1% - click here for the Zillow case study

Does solar increase my home value?

Not only can adding solar panels to a home save energy costs and help the environment, it also can potentially increase a home’s value. In 2019 Zillow found that homes with solar energy systems sold for 4.1% more on average than comparable homes without solar power. For the median-valued home, that translates to an additional $9,274.

The sale premium varies substantially by market. In Riverside, Calif., for example, homes with solar-energy systems sold for 2.7% more than comparable homes without solar power—a markup of $9,926 for the median-valued home in the metro. In the greater New York City metro, solar-powered homes have a premium that is double that of Riverside. At 5.4%, that’s an extra $23,989 in value for the typical home in New York. In three other coastal metro areas—Los Angeles, San Francisco and Orlando, Fla.—homes with solar power can fetch a premium of around 4%.

Sun travels 91 million miles to power your home-1

From Facebook