Installing solar panels in Clermont, Florida, has tons of benefits, including.
Protect the Environment
In the current age of global warming and climate change, anything that protects the planet is welcome. Solar panels are environment-friendly and have a low carbon footprint.
While manufacturing solar panels has environmental implications, it is negligible compared to conventional energy sources. According to the EIA, the US electric power sector generated 1.569 million metric tons of CO2 in 2022.
Increase Home Value
Solar panels are excellent options that enhance your home’s value. Research shows that solar panels boost your home’s value by 4.1%, around $9,274 for an average home. In addition, homes with solar panels tend to appeal to buyers more than those without, thus selling faster.
Lower Utility Bills
Solar panels reduce energy bills, keeping more money in your pockets. While many worry about the upfront installation costs, the savings generated over the years surpass these fees. Also, home users can leverage net metering to receive credit when they produce more solar power than they consume, causing the power bill to run backward.
Take Advantage of Tax Incentives
Solar panels are a good investment for Clermont residents, and they leverage Federal and State tax incentives, saving substantial money. Homeowners can claim the 30% Solar Investment Tax Credit (ITC) tax incentives when they adopt solar energy. For instance, if your solar panel unit costs $10,000, you get $3,000 on your tax return.
Florida residents enjoy a 6% sales tax exemption on solar panels and net metering. Also, they can access several financial options for solar, including home improvement and home equity loans, available for little to no down payment.