Solar energy is one of the best resources we have available to us today. There’s enough sunlight that reaches our planet each day to sustain the entire world’s energy requirements for an entire year.
That’s why there’s a significant push to transition to this renewable resource. Although we still use fossil fuels for manufacturing photovoltaic panels and other system components, the net gains achieved with this investment are stunning.
Since the cost of using solar keeps going down, many Floridians are increasingly switching to this option. Here are some of the benefits you can expect to receive for your Ponte Vedra Beach home today.
1. Increases to Home Value
Solar panels are seen as a home upgrade in today’s market. It’s a lot like finishing a basement or renovating a kitchen. Studies show that many buyers pay a premium for homes that come with this energy generation system installed. On average, the sales price can increase by up to $15,000, while the equity rises by 4% or more.
Even though the home value increases with PV panels, Florida offers exemptions from property tax increases that result from this investment.
2. Solar Can Work Anywhere
The solar resources found in Florida are massive. Most homeowners receive at least 230 sunshine days in the state, with some regions getting more than 300! It only takes one hour of the summer sun at 12pm to equal all the electricity demands in the country for a year. By investing in this resource, you’re creating the infrastructure that helps to generate cost savings each year, even when the days are a bit cloudy.
3. Huge Cost Savings Potential
The financial returns that come from a photovoltaic system are numerous. Although the actual savings are unpredictable, several factors go into the money-saving process that helps homeowners save big bucks on their utility bills.
That includes the system size selected for the home, how much electricity gets consumed, and if you decide to lease or purchase the system. Even the angle and height of a home’s roof play a role in this equation.
4. Environmentally Friendly Solution
Every time a Ponte Vedra Beach home generates a kilowatt-hour of solar energy from newly installed panels, it creates a substantial greenhouse gas emission reduction. You’re helping to keep nitrogen oxide, sulfur oxide, carbon dioxide, and particulate matter out of the air we breathe. Water consumption levels are also lower with this resource.
5. Rebates and Incentives
Florida homeowners can benefit from several rebates and incentives when installing a new solar energy generation system for their houses. With this benefit, a significant portion of the upgrade cost is taken care of for you, from sales tax exemptions to tax credits.
If you’re ready to see how solar panels can help your home achieve its energy goals, reach out to our team today to discuss the options that could work!