Solar Company St. Petersburg, FL
Our goal at Circuit Electric Solar is to be the best renewable energy provider in St. Petersburg. We concentrate on helping local residents and business owners reduce their carbon footprints to hasten the transition to sustainable energy sources while lowering their expenses.
Solar is CLEAN Energy
Using solar power reduces greenhouse gases and other pollutants in the air.
GENERATE YOUR OWN ENERGY
Installing a solar system can eliminate your dependence on your local utility, thus saving you thousands of dollars each year.
Invest in your own Energy
As a hedge against inflation, solar energy can be a good investment. In many cases, it will outperform traditional financial instruments such as stocks, bonds, mutual funds, and Certificate of Deposit accounts.
Looking For Top Solar Company in St. Petersburg?
For your St. Petersburg residence or place of business, contact Circuit Electric Solar, a group of skilled solar installers. Our goal is to be the best provider of renewable energy, with a particular emphasis on helping individuals and businesses decrease their carbon footprints to hasten the transition to sustainable energy sources while cutting prices. Due to the overwhelming demand from our customers, CES Solar was established to offer solar panels and solutions for energy efficiency. Delivering a better solution at a lower cost is our goal. By removing industry-standard, exorbitantly inflated sales fees and limiting regional offices, our business approach aids in this by lowering consumer prices for high-quality energy solutions.
Benefits of Circuit Electric Solar
Its renewable energy source, sunlight, is both inexpensive and plentiful. Solar electric power is one of the most ecologically friendly power-generation technologies. It harnesses solar energy invisibly and produces no hazardous waste or air pollution. No liquid or gaseous fuels need to be transported or burned in order to use solar energy. Hiring a solar contractor may result in a reasonable return on investment and the elimination of a significant portion of your house or business’ electrical utility costs. Your system will be created to fulfill your energy goals while staying within your financial constraints.
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Reduce Costs
You may reduce your power bill costs by using Net Metering in conjunction with solar. Assist in shielding yourself from the local power providers’ 3-5 percent energy price rise.
Finance
There are options for financing with no down payment and manageable payments for up to 25 years.
Own Your Electricity
Solar is a great way to lock in your electricity rate and protect yourself from rising utility expenses.
Solar Tax Credit
The federal investment tax credit, worth 30 percent, is what people mean when they refer to the “Florida solar tax credit.” (ITC). There are 50 states that can take advantage of this federal incentive. The ability to deduct 30% of the cost of a solar system from income taxes is provided to tax-paying households. In other words, your solar system is discounted by 30% thanks to the federal tax credit. You may carry over the leftover money for up to ten years if your tax burden is less than 30% of the cost of your solar system.
What Is Covered By Tax Credit?
Homeowners who install solar panels can take advantage of a federal tax credit.
- The price of solar panels.
- The installation labor expenses including permit fees, inspection fees and developer fees and
- Any extra solar equipment charges if your home has batteries are all eligible for the credit.
- Sales taxes on qualified costs are also included in the credit.
Solar Energy System
Solar energy is the conversion of sunlight into electricity using photovoltaic (PV) panels or mirrors that concentrate solar radiation. These are the two primary forms of solar energy. Both have changed over time.
Photovoltaic (PV) Panels
Solar cells are non-mechanical devices that convert sunlight directly into electricity. Some photovoltaic cells can turn artificial light into electricity, thereby allowing them to power a photovoltaic system. A typical PV system includes one or more solar panels, an inverter, and other mechanical and electrical parts that harness solar energy to produce electricity.
Concentrating Solar-Thermal Power (CSP)
Concentrating solar power (CSP) facilities focus the sun’s energy to generate electricity. The thermal energy may be stored and used to generate electricity at any time of day or night.
Why Hire A Solar Company?
Hiring a solar company might be a smart long-term investment if you’re currently drowning in energy and power expenditures for your home or place of business. You may save a lot of money by hiring a team of skilled solar installers to install solar technology in your home or place of business. Circuit Electric Solar has had the privilege of developing its energy technology throughout the years as St. Petersburg’s top solar contractor in order to provide each and every one of our clients with the best potential outcome.
The value of your property will increase significantly if you hire a solar firm to put solar panels on your roof. Adding solar panels to your home is a great way to increase its market value. You understand why this is crucial if you plan to sell your home soon. A qualified solar panel installer ensures that your equipment follows standards set by the sector. It is the most reliable method for increasing the resale value of your home.
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Our State Of The Art Warranty Program
Circuit Electric Solar is a solar company that takes pride in providing clients with the personalized support they need to make the most of their solar systems. We offer a warranty program that includes:
- 25 Year Panel Manufacturer Warranty
- 25 Year Inverter Manufacturer Warranty
- 25 Year Labor/Service Warranty
- 25 Year Roof Penetration Warranty
- 24/7 System Monitoring Application
Hiring Circuit Electric Solar means you become a member of our family that we look out for. We offer high-quality products and superior service that you can count on.
Cost Of Solar
Solar panel installation costs vary depending on the size of your home and the system, ranging from $3,500 to an average cost of $16,000. Circuit Electric Solar offers several financing options. Financing can assist you with stretching out the entire cost of the system over a flexible time period and is generally substantially lower per month than what you are paying now.
- Zero down and no out-of-pocket costs.
- Interest Rates start at 1.99% Multiple term options starting at 5 years to 25 years.
- No Prepayment Penalty. Options to re-amortize loan per 18 months, to continuously lower your payment.
- Quicker Return on Investment.
*subject to credit approval*
How Much Do Solar Panels Save?
Scientific research has shown that solar panels can help the world transition to a greener way of living. Solar panels are surprisingly not only good for the environment but also quite affordable! Depending on factors like the size or angle of your roof, the quantity of daily direct sunlight, and other factors. The opportunity to save money by reducing your power bill and other utility expenses are one of the solar energy’s most notable advantages.
As of September 1, 2021, a household in Tampa, Florida will need to consume 12,000 kWh of energy annually. The average American household spends roughly $1,632 on energy locally, which is taxed at a cost of 0.136 cents per kilowatt-hour.
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Looking Toward A Greener Life? Contact Us Today!
We’re a family-owned company that understands the importance of commitment and family. We go above and beyond for our customers and treat them like family, providing straightforward service and presenting our best rates with no high-pressure tactics. We collaborate with leading solar manufacturers while keeping performance, durability, and guarantee in mind.
Solar Contractors In St. Petersburg, FL
If you want the greatest solar installation St. Petersburg, Florida has to offer, it may be difficult to find the best solar contractor. Remember that you need a solar contractor who can handle more than just a straightforward setup; you also need someone who can maintain your solar system for the rest of its useful life.
Choosing The Right Solar Contractor For Your Solar Panel Installation
How can I find the best solar contractor in St. Petersburg for my solar panel installation is the current query. Although there are many ways to approach this, it always comes down to a few crucial elements. We have the following advice for you:
Don't Pick A Solar Contractor Based Solely On Price
While it may appear to be very appealing to deal with a solar contractor at a low cost in comparison to other contractors in St. Petersburg whose costs are increasing. A solar contractor shouldn’t be judged just on the basis of price, since this might dilute their real solar experience. There are already cases where a contractor offers to install solar panels for an extremely low price and is capable of doing it successfully and without problems. However, the adage “you get what you pay for” still holds true in the solar industry. Sunrun and Vivint Solar, two of the biggest solar providers, won’t sell you a solar system. Instead, they frequently attempt to get you to rent one through financial techniques like solar leases and power purchase agreements (PPAs).
These financial products provide them greater profits while giving you a lower financial return. The presence of escalator clauses, which automatically boost the price of power every year even if the utility provider maintains flat pricing, is one of the major reasons why these financial instruments are often harmful to customers. Additionally, some of these big, countrywide installers have encountered opposition and even faced legal action from state governments.
Learn The System
When you start doing your homework, it might sometimes make a difference. Since the solar industry is expanding annually, new information is frequently made available to the public. Learning about the solar panel’s technical system will help you better understand the product and may even be useful while negotiating the solar contract that will meet your demands. When choosing a solar contractor in St. Petersburg, find out what technology they employ. The alternatives for the equipment required in a solar installation are as many as the solar contractors in St. Petersburg. Since solar technology is still in its infancy, there are no established standards, and the best practices depend on the environment and other conditions.
As a consumer, you are not expected to know everything about the products that interest you. However, having a basic understanding of what to expect will help you make informed decisions.
Research Their Experience
Generally speaking, the best way to choose the best solar contractor for you is to conduct research on the company with whom you are negotiating. Spend some time researching the St. Petersburg solar contractor you are thinking about hiring. You will only receive factual information from this to help you make a decision. To ensure you get the finest service possible, just as with any purchase, you should engage with a contractor that has a strong reputation for dependability and quality.
Make sure that they are certified by solar industry organizations like FIASEIA or SEI. Solar contracting firms get validity by being accredited by solar industry associations. These companies take pleasure in offering adequate contractor education to ensure quality, safety, and service.
See if they have any customer video testimonials on their Facebook or YouTube pages that specifically discuss their interactions with the salesman and project manager. If something goes wrong with your system, you want to know that your St. Petersburg solar contractor will be there to help. Are they reachable via their website in any way? Is the phone number prominently visible? involvement in social media All of these signs point to a contractor that is attentive to their customers and available to intervene and make system improvements as necessary.
Questions You Should Ask Your Solar Contractor Before Hiring
How Long Have Your Been In Business?
You can make better decisions about who to choose for the job by being open and honest with solar contractors. During such small talk, it’s crucial to inquire about your solar contractor’s level of expertise. How many solar panels the contractor has successfully installed in St. Petersburg, Florida, is something you’d like to know. You will also rule out the prospect of hiring a novice by asking this question. The solar installation process requires experience. Over time, excellence in an area gets better. Take into account solar contractors who can demonstrate a minimum three-year company history.
Are You Licensed To Do Work In Florida?
When you choose a solar contractor, be sure to prioritize licensing. Most states demand that general contractors have a license or permit. Circuit Electric Solar makes our license number available on our website because we recognize how important it is to know our credentials. The licensing authority for electrical work is the state or local government; solar installation falls under the purview of either an electrical or plumbing license. Even if a person has no specialty license, he or she should have at least a general electrical license. Resist the urge to choose a contractor who lacks the necessary state or federal permissions.
Do You Subcontract Your Services?
The majority of inexperienced solar installation companies outsource a portion of the installation procedure to third-party partners. While outsourcing is a necessary element of any organization, two things must be kept in mind. First, the subcontracted business must have the necessary experience to complete the job properly. Second, the original contractor must undertake to assume full responsibility for the installation procedure in the event of defective workmanship.
Are Your Certified?
When you’re hiring a professional to install solar panels on your home or business, it’s wise to hire someone who has received an accreditation that demonstrates their expertise in the industry. The North American Board of Certified Energy Practitioners (NABCEP) is a non-profit organization that offers voluntary certification for experts in residential and commercial renewable energy installation. After passing an exam and meeting other requirements, candidates are awarded the NABCEP Solar Installation Professional designation.
On top of demonstrating their credentials, a NABCEP certified installer will have access to a wealth of additional knowledge and skills that can make all the difference when it comes time to making an informed decision about your own solar panel installation. A primary benefit of this accreditation is the consistency in quality between those who possess it and those who don’t. This can be beneficial because it eliminates some of the guesswork involved in choosing an installer by providing you with concrete proof of the value they add to their work and services. A solar contractor that doesn’t have this accreditation could be as good as one who does—but why settle for second best when you don’t have to?
This accreditation also means that the installer you choose will have access to continuous education and support from NABCEP.
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Do You Offer Any Financing?
Make sure you get the greatest value possible from this transaction. Regardless of whether you are considering a leasehold or an upfront sale, you may need to look into any possible financing alternatives the contractor may be providing. You can find any acceptable financing options by speaking with installers. Such incentives, whether supplied by state government grants or local subsidies, can aid in lowering the installation’s true cost. All of Circuit Electric Solar’s clients have the option of financing. Low interest rates, no down payment required, no out-of-pocket costs, and the option to refinance loans every 18 months to reduce your monthly. Serving Tampa, St. Petersburg, and Central Florida for many years is Circuit Electric Solar. Contact us if you need further details.
Do You Offer Any Warranties?
When you invest in a solar contractor, you want to make sure that the equipment isn’t faulty. While most of the equipment comes with a manufacturer’s warranty, it is Circuit Electric Solar’s guarantee that your installation will be flawless for a certain period of time after installation. Our warranty program is what sets us apart from other solar companies.
Our warranty program includes the following:
- 25 Year Panel Manufacturer Warranty
- 25 Year Inverter Manufacturer Warranty
- 25 Year Labor/Service Warranty
- 25 Year Roof Penetration Warranty
- 24/7 System Monitoring Application
Hiring St. Petersburg’s number one solar company doesn’t only get you high-quality products and superior service, It gets you the ultimate experience from the most experienced solar contractors in Tampa.
How Many Solar Contractors Are in St. Petersburg?
In Florida, there are 5,748.73 watts installed on the state’s solar panels. The demand for solar contractors has grown every year since its introduction, and Florida is now home to about 500 companies working in the solar industry. Bay News 9 recently released information that Florida has surpassed North Carolina as the Southeast’s leader in solar growth. This is great news for solar companies in Florida since North Carolina was previously known as the second largest state behind California when it came to solar growth.
Solar Installers In St. petersburg, FL
Circuit Electric Solar emerged on the solar services market in St. Petersburg, FL, providing residents with solar panels for their homes. For over 18 years, we have been helping thousands of customers in St. Petersburg save money and protect the environment through our solar services business. We were founded to provide better solutions at better prices because of overwhelming demand from our customers. With our goal to educate people about renewable energy in mind, our business model reflects our support for eliminating sales commissions that inflate prices and spreading awareness about renewable energy sources.
What Does A Solar Installer Do?
Solar installers, also known as PV installers, install photovoltaic systems on a client’s property. The installer measures the site and designs a system that meets the client’s specifications. He or she ensures that all relevant equipment is grounded correctly and meets electrical code requirements by installing it correctly. Because solar panels convert sunlight into energy, they must be linked to an electrical infrastructure.
Considering Installing Solar Panels Yourself?
Installing solar panels on your St. Petersburg home or company is a feasible process that you can do on your own, although professional installation is recommended. The average cost of adopting solar energy for homes is $16,860 (before incentives and rebates are applied), with design and installation accounting for around 10% of the overall expenditure. DIY solar panels will save you some money, but you’ll still have to purchase the equipment and components yourself.
The DIY Solar Panel Installation Technique Is Broken Down Into Six Steps
- Design and size your system based on your energy requirements.
- Get your solar equipment and components (solar panels, batteries, inverters, racking, etc.)
- Install the racks or panel mounts on the roof or the ground.
- Connect your solar panels to your racking system.
- Install a solar inverter and battery, then connect to your main power supply.
- Contact your utility and seek Permission to Turn-On, or PTO, if it is required in your region.
Pros Of DIY Solar Panel Installation
Save Money
Solar panels have revolutionized the energy industry in the past decade. They harness the power of the sun to generate electricity for our homes, businesses, and communities. Solar panel installation, however, is an expensive undertaking. The cost of a 5 kW DIY solar panel kit is between $1.00 and $1.50 per watt—and that’s not including installation costs! Most people don’t want to shell out that kind of dough, so they hire professionals to do it for them. But what if you could save hundreds or even thousands of dollars by doing the entire thing yourself? It’s not as hard as you think!
A do-it-yourself solar panel installation may save homeowners hundreds of dollars in installation fees. As of May 2021, the average cost of solar panel installation by a competent solar firm is roughly $2.85 per watt. That calculates up to $14,000 for a conventional 5 kW (5,000 watt) solar panel installation. A 5 kW DIY solar panel kit, on the other hand, costs between $1.00 and $1.50 per watt. Assuming you do the entire thing yourself (no contractors), the overall cost of a 5 kW DIY solar project is between $5,000 and $7,500.
Self Satisfaction
There are many reasons why you might want to install solar panels on your home. The most obvious is to save money on electricity. But that’s not the only reason. You might like the idea of being more independent from the power companies and their bills. You may feel a desire to reduce your carbon footprint and be environmentally responsible. Perhaps you have an interest in science, technology and renewable energy, or you just enjoy projects that involve taking things apart and putting them back together again. Regardless of what your motivation may be, it’s possible for anyone to install solar panels as a do-it-yourself project. And there are plenty of other resources available online as well, including plenty of guides about how much money you can save by using solar technology (as much as 25% a month). Once you begin researching, it won’t take long for you to feel confident enough to get started with your own install project.
Cons Of DIY Solar Panel Installation
Risking Roof Damage or Leakage
Unless you’re a trained, licensed roofer, installing solar panels on your roof is a huge financial risk. The roof is the most expensive part of the house, and damaged or leaky roofs can cost thousands of dollars to repair. Additionally, many warranties on new roofs specify that any damage incurred during installation will void the warranty, meaning you’ll be on the hook for any necessary repairs.
It’s not worth it to do-it-yourself unless you have a level-roof and some construction experience (and even then, you’d want to be extra careful). You’ll want to make sure you’ve got a very trustworthy installer who won’t cut corners. A professional solar installation company will use top-quality equipment and perform all of the typical pre-installation testing, including structural engineering assessments and roofing inspections. They’ll also install high-quality flashing around the perimeter of each panel to keep moisture out—an area where DIYers tend to go wrong. In short: hire a professional and sleep easy at night knowing that your panels will last for decades.
Physical Danger
If you’re thinking of installing solar panels on your roof, you’ll want to think about how to avoid the dangers that come with installing them, as well as what to do if things go wrong. In this article, we’ll talk about the two main physical hazards—high voltage electricity and heights—and some tips for what to do if you have trouble with your rooftop solar panels.
The high voltage electricity from the panels is one of the biggest hazards. You should always hire a professional installer. Even if you have experience in electrical work, there are safety precautions that can only be learned from professionals.
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No Warranty
One of the biggest benefits of professional solar panel installation is that there’s a guarantee that the job will be done right. While it’s true that you can make some basic repairs on your own, it’s best to leave the big stuff to the pros. If something goes wrong with the equipment, you’re on your own. Of course, you may still contact the manufacturer directly, but proving a warranty claim might be tough. Furthermore, if you do an incorrect installation, the guarantee may be voided. Insist on getting contractors who have years of experience in solar power installation. The last thing you want is to be stuck with faulty equipment that you’re not sure how to fix.
Why Should You Hire A Professional Solar Installer In St. petersburg?
The average homeowner is not in the business of installing solar panels. It requires a skilled hand, knowledge of local codes and an understanding of the specialized equipment that makes it all possible. That’s why hiring a professional solar installation company for your home’s solar needs is the most responsible choice you can make.
Warranty Protection
A key factor to consider when deciding whether you want to install a solar power system yourself is what happens to the warranty. Most solar panels come with a 25-year warranty, which is the maximum length of time allowed by the Federal Trade Commission (FTC). However, some manufacturers’ warranties only apply to modules installed by a professional and certified solar installation. This means that if you have an issue with your panels and try to fix it yourself, you could lose your warranty coverage.
Home Resale Worth
Whether you’re a homeowner looking to sell your home or an investor seeking to purchase properties for rental purposes, solar panels are a great way to add value to your property. These photovoltaic systems can save you money and make the house more attractive to potential buyers, but only if the installation is done by a professional company. When you hire a professional solar installation company, you’ll notice that your house sells for more money and faster than comparable properties without solar panels.
Equipment for Specialty Use
Most homeowners don’t have the necessary tools to install a solar system. You may have a shed or home workshop full of tools, but chances are you don’t have all you need to finish a rooftop solar installation. You’ll need more than a ladder and a power drill, and some of the gear you’ll need isn’t inexpensive. A professional solar installation has the necessary tools and equipment to complete the operation.
Ensure Safety While Minimizing Damage
Another reason why a professional should be hired for this task is because of their experience and knowledge about installing rooftop solar systems. Roofs are dangerous places, and with the right training and experience anyone can fall off one and get severely injured, which is something that can be avoided by using a professional solar installation company who knows what they are doing. A professional installer also has access to all necessary safety equipment, such as safety harnesses, which prevents any accidents from occurring while they work on your roof.
How Much Insurance Should a Solar Installer Have?
Solar panels are being increasingly installed on residential rooftops. However, there are quite a few factors homeowners should take into consideration before making the choice to buy a solar panel system.
The first thing that comes to mind is the cost of a solar panel system. Currently, the cost of installing a rooftop solar energy system may vary between $15,000 and $25,000 before taxes, according to the Center for Sustainable Energy. For some households, paying to replace a faulty system may be a significant financial strain. As such, homeowners will want to get insurance that can cover this expense.
A policy that covers the replacement costs of your panels may be essential in deciding whether or not to add them to your house. In fact, every year more and more homeowners are concerned about it. According to the Solar Energy Industries Association (SEIA), residential solar energy has grown at a 68 percent annual pace over the previous decade.
In recent years, the rising popularity of residential solar energy has raised concerns about whether or not homeowners who have invested in these systems can be protected against an unexpected damage to their roof caused by severe weather like hurricanes or tornadoes. In order to address these concerns and provide homeowner protection against these risks and other potential damages associated with solar PV installations.
Looking Toward A Greener Life? Contact Us Today!
With the solar industry on the rise, consumers are looking for a high-quality product and installation. At Circuit Electric Solar, we are a leading company that delivers premium service with every structure we build.
We collaborate with leading manufacturers to make sure our products are built to last. We offer warranties as well as performance guarantees so you know your investment will be secure. With state-of-the-art equipment, our technicians can handle all of your solar needs. Contact us today!
Solar Panels In St. Petersburg, FL
Solar energy is composed of particles called photons that are emitted from the sun's surface. These photons hit the photovoltaic (PV) cells in solar panels and make them conduct electricity. The new electricity can be used to power electrical loads, such as lights and appliances, or stored for later use. These cells can vary in their construction, but the most common type used in solar panel applications is crystalline silicon solar cells.
How Do Solar Panels Work?
Solar panels are composed of a collection of individual solar cells encompassed within a single frame. These cells are made up of multiple layers: the first is a thin sheet of glass, followed by a thin sheet of silicon, and finally topped off with a layer of phosphorous. Boron is interspersed throughout the stack to give each cell its positive charge. The bottom side of the cell is covered in an aluminum-metallization layer that will become its negative charge once it has been processed.
The Photovoltaic Effect refers to the entire process by which solar panels convert sunlight into electricity. When photons collide with the surface of a solar panel, they cause electrons to be released from their atomic orbits within the silicon matrix. This creates an electric field that draws these liberated electrons into a directed current.
Solar panels absorb photons and generate an electric current as a result. The energy released by photons impacting the surface of the solar panel knocks electrons out of their atomic orbits and releases them into the electric field formed by the solar cells, which subsequently pulls these liberated electrons into a directed current.
Solar Can Help Save Money On Your Electricity Bills
Solar power is all about long-term savings. A solar panel system, which includes the photovoltaic panels and the supporting hardware, has an estimated lifespan of 30 years. The panels are expected to last 25-35 years, while the inverters, the part that takes the direct current (DC) electricity generated by the panels and converts it into alternating current (AC), have a life expectancy of 20 years. Because your solar panel system will still be producing energy at the end of its lifespan, you can expect to recoup your upfront costs as well as save on power for decades. For example, if you install a solar panel system that costs $20,000 upfront and generate 4,000 kilowatts per year during its lifetime, you can save $16,000 worth of electricity over that time.
Also consider that in many cases, the solar panels alone can be used to offset your utility bill. In some places where there’s a lot of sun and utility rates are high, solar energy is already saving homeowners money even if they’re not taking advantage of power grid credits or net metering—because they only use as much energy as their solar panels produce every month.
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Solar Panels Can Give Your A Return On Your Investment
One of the biggest reasons why a lot of people believe solar energy is too expensive is because they don’t take into account the financial benefits that solar panels can provide. The fact of the matter is, though, that a solar panel system could actually earn you money over time—a lot of money, depending on where you live and how much energy your system generates. The most obvious way that solar panels can make you money is through local incentives and rebates. Some states offer cash back or tax credits for solar panel installations, while others give you points on your property tax bill. These incentives come in varying amounts, but they’re all designed to boost the appeal of going solar.
We should also mention federal incentives as another potential source of income. The Federal Investment Tax Credit (ITC) allows homeowners to deduct 30% of their solar panel installation costs from their income taxes, which can save you thousands of dollars per year.
Installing Solar Panels Increase The Value Of Your Home
Whether your home is already outfitted with solar panels or you’re just considering them, you’re likely aware that they have a big impact on the value of your property. This fact is supported by recent research showing that solar energy improves the value of homes. In fact, according to one study, there’s an average property value increase of $18,000 for homes with solar panels.
A second study shows that even if you don’t intend on staying in your home for more than about five years, you’ll still come out ahead financially if you install solar. In other words, even if you move soon after installing solar panels and it takes a couple of years to recoup your investment, when you sell your home, the panels will pay for themselves and then some—and be an attractive feature for future buyers.
Are Solar Panels Tax Deductible?
The ITC is a federal tax credit that provides an incentive for consumers to install solar panels on their homes or businesses. It is applicable to both residential and commercial systems and has no dollar limit. Like we’ve stated earlier when people talk about the “Florida solar tax credit,” they are talking to the federal investment tax credit, which is worth 30%. (ITC).
This is a federal tax credit that is available in all 50 states. It allows taxpayers to deduct 30 percent of the cost of their solar system from their income taxes. In other words, the federal tax credit reduces the cost of your solar system by 30%. If your tax payment is less than 30 percent of the cost of your solar system, you can carry the balance forward for up to ten years. This can be very beneficial for the average homeowner in St. Petersburg, FL.
Am I Eligible For Solar Tax Credit?
The Office of Energy Efficiency states the guidelines for those who are eligible for the solar tax credit. They are:
Between January 1, 2006, and December 31, 2023, your solar PV system was installed.
If the power generated is credited against, and does not exceed, your home’s electricity use, the solar PV system is installed at your primary or secondary dwelling in the United States, or for an off-site community solar project. The IRS has approved a Section 25D tax credit for the purchase of a part of a community solar installation.
That means that you own your system and it generates power to reduce how much you pay on your electric bill. It needs to be a new installation and not something that was in place before 2006.
How Many Solar Panels Do You Need To Power An Average St. Petersburg Home?
While the numbers involved in determining how many solar panels you need may be confusing, the process is actually quite simple. The number of solar panels needed to power a home is determined by multiplying the size of the system by its production ratio (PR). For example, if a homeowner wanted to power his entire home with an off-the-grid solar panel system and he chose a 10 kW system, then his PR would equal 0.1. Now, the next step would be to multiply 10 kW by 0.1. This gives us a result of 1 kWh per day that would be produced on average for every square foot of solar panels used.
Next, we will determine how much energy that homeowner’s house uses over a year. In most cases, this will be 1,000 kWh or more per month. To convert this amount from monthly to annual, simply multiply it by 12 – now we know that this homeowner’s house uses 12,000 kWh per year or 3.6 million joules.
Now that we have all the necessary data, we can solve for P by dividing 1 by our production ratio:
P = 1 / PR = 1 / 0.1 = 10
This means that homeowner needs at least 10 kilowatts worth of solar panels in
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Will Solar Panels Be Required for New Home Constructions in St. Petersburg, Florida?
As the world moves towards a more environmentally friendly way of living, the shift in energy consumption has become more apparent. As a result, states that are experiencing weather changes and have higher electricity costs have started to pass legislative mandates that require homes to have solar panels installed on their roofs as part of the construction process, or at least within the first few years after the home is completed.
The states of Nevada, Colorado, New Mexico, Texas, Minnesota, Michigan, North Carolina, Maryland and Massachusetts have already taken steps in passing this bill. Currently, it is California who is leading the charge with this mandate. The bill also includes Pennsylvania and Massachusetts.
However, many people believe that Florida will be next in line to pass this law. Currently there aren’t any state laws that require homeowners in St Petersburg to install solar panels. In fact, there isn’t even a city in Florida that has enacted a law requiring solar panels be installed on new construction homes.
But while Florida hasn’t passed a law yet requiring homeowners to install solar panels on their homes just yet, South Miami became the first city outside of California to do so back in 2017. This makes it very likely that Florida will follow suit as they continue to align themselves with
What’s New With The Solar Industry Today
The solar industry is growing and maturing at a rapid pace. Solar power is not only becoming a more accessible option for residential and commercial consumers, but it’s also starting to be understood as a viable solution to the world’s energy crisis. As previously mentioned, the United States has around 19,727 solar companies within the country. This number isn’t even the maximum that it will reach; it could increase dramatically over the next decade.
At Circuit Electric Solar, we take pride in keeping up to speed on current happenings in the solar business. We believe it’s crucial to educate our installers and clients about these topics, because we want to deliver a clean energy-rich environment for the benefit of planet Earth. As we become more aware of how important solar energy is, and what changes are being made in the industry, we can all work together to create a healthier world both now and in future generations.
ADT Acquired Sun Pro
Software giant ADT has agreed to acquire Sunpro Solar, a rooftop solar company, for $160 million in cash, plus 77.8 million shares of ADT common stock. This data suggests an enterprise value of around $825 million, subject to various changes.
Sunpro will be rebranded as “ADT Solar” and will enter the rooftop solar industry in order to give ADT clients a safe, connected, and now powered home. Sunpro, which was founded in 2008, is a prominent provider of rooftop solar systems in the United States. Sunpro’s 3,600-person full-time team of solar energy specialists with 56 sites in 22 states promotes, develops, sells, installs and maintains solar power systems on residential and commercial premises.
ADT has been investing heavily in providing customers with smart home products and services that are considered the best available by consumers. The acquisition of Sunpro Solar presents an opportunity to add solar power systems to ADT’s set of offerings.
Mitrex Introduces Solar Panels with a Maximum Power Output of 800W
Mitrex Integrated Solar Technology, a manufacturer of building-integrated photovoltaics (BIPV), has introduced the biggest tandem solar panel, with a power output of up to 800 W. The panels are built in Canada and include monocrystalline silicon solar cells as well as Mitrex’s unique anti-reflecting technology, which maximizes power output. Mitrex solar panels also come with a 25-year guarantee.
Solar Energy Offsets 50% Off A Virginia School District's Electrical Usage
School districts stand to benefit from solar energy in many ways, including savings on utility bills and the opportunity to earn revenue through solar power purchase agreements. The Isle of Wight County Schools system has announced that it will now offset half of its annual electrical usage with a 3.3-MW solar system. This is accomplished with a combination of rooftop arrays at seven schools: Carrollton Elementary School, Carrsville Elementary School, GD Tyler Middle School, Smithfield Main, Windsor Elementary School, Windsor High School, and Windsor Annex. The combined 3.3-MW solar system is estimated to provide 4,252-MWh of sustainable energy each year.
What’s The Future for Solar?
The U.S. Department of Energy’s Solar Energy Technologies Office (SETO) and the National Renewable Energy Laboratory (NREL) released a study in September that found that with aggressive cost reductions, supportive policies, and large-scale electrification, solar could account for up to 40% of the nation’s electricity supply by 2035 and 45 percent by 2050. The report found that solar costs have come down substantially over the past decade and will continue to decline, driven by technology improvements and economies of scale as solar deployment continues to grow.
If we are, generally speaking, solar is a good investment in Florida. Generous power buy-back rates, the Florida state sales tax exemption, the property tax exemption, and the Federal Solar Tax Rebate all combine to provide an appealing solar payback time of 11 years on average, making solar well-worth the investment in Florida.
If you are interested in speaking with one of our consultants or have any general questions, contact us today!
