With the sunny days, Florida tax exemption rate, and Federal solar Tax rebate, where else is better to go solar than Florida’s Palm Beach? Getting a solar replacement to the high cost regular electricity cuts your bills. However, getting a new roof with a solar panel saves more! You would ask me; how?
As the world is moving to curb climate change, the American government is not left behind. To help curb the problem, they want a 70 gigawatts installation of solar panels to reduce the load on regular electricity in a decade.
The American government’s solar promotion has made getting solar panels affordable. With many tax rebates, property tax exemptions, and the removal of regular electricity bills, going solar might be the way. You can save even more by getting solar with a new roof.
Some Solar companies collaborate with roofers to do a full roof-solar installation while you save at a 30% discount. This is because roofers don’t charge their customer acquisition cost for roofing. Also, as standard rooftops and solars have roughly the same lifespan, replacing the two reduces the cost of getting a new roof in a few years.
So, what do you get from a solar roof combo; a 30% discount on the standard cost, electricity buy back rates, Florida and federal property tax exemption, Federal solar tax rebate, no electricity bills, and a dedication to a greener earth, whooping right? With all these incentives, you could recoup your money in a decade.
As solar is powered by the sun, you won’t have to worry about electricity quality. Palm Beach is the city of the sun. We can go as far as saying solar-roof replacement fits the specification of the Palm Beach hook, line and sinker!
Is that all? No. Solar Roof Replacement is one of the best ways to invest in your house for future sales. According to a report by Lawrence Berkeley National Laboratory, solar-powered houses have more value among homebuyers than houses without solar panels. Solar-powered houses also sell faster at a premium price. Having solar panels in your home would give you a few extra bucks when selling.
What If I Can’t Afford Solar Panels
Admittedly, solar panels come at a high price. With new roofs, it could be too absurd for low-income earners. You could sulk and continue with the trend or pick your options.
Getting a traditional loan wouldn’t be too bad. With numerous solar incentives, it would be easier to repay those loans. You can also recoup the money by leasing solar energy to others. However, you may not be in favor of a loan. You can sign a power purchase agreement with a local solar company. This PPA enables the company to install solar panels into your house and sell the power to you below the utility rates.
How Much Are Solar Panels In Palm Beach?
Solar Panels are sold in watts. The average cost of a FL solar panel is $2.59/W. An FL solar panel of 5 kilowatts costs around $12,950. After removing the federal and Florida tax incentives and other packages that come with solar panels, you could end up paying significantly less.
As a general rule of thumb, long-term home investment is always a must to maintain a good house. Rooftop solar panel replacement is one you should consider.