If you live in Florida, then you’ve probably seen that homeowners across the state are converting to solar energy. If you haven’t already, you might want to consider going solar yourself, as there are many benefits associated with it. One such benefit is that you could receive a government rebate for making the jump. We at SEM Power in Tampa are a solar company that has helped many Florida homeowners with their solar battery system installation. For that reason, you can trust our expertise when it comes to information on solar equipment, solar benefits, and solar services.

 

Can Solar Panels Offer Government Rebates?

The short answer is that going solar can provide you with certain tax incentives. The reason for this is because, as the demand for more power increases, so does the strain on your local power grid. More homes going solar means less strain overall, so the government likes to add incentives for more people to go solar. The benefits may vary State-to-State, but there’s also federal tax credits as well. The largest is the federal solar investment tax credit (or ITC), which for 2020 will be 26%. You’ll want to check with your state taxes as well, as there can be opportunities there. Here in Florida, for example, we are starting to receive benefits such as property and sales tax exemptions for going solar. Do your research based on your area, and you may be pleasantly surprised.

 

Why Invest in Solar Equipment?

Besides the opportunity for a government rebate, what other benefits might you receive for jumping to a solar energy system? Here are the advantages you’ll want to know about:

  • Saving money
    • Solar power is all about transforming a free resource into energy. This means that for every watt of power you produce with your solar panels, that’s less energy you’ll be spending money on through your general electric. The more power you can generate by optimizing your solar panels, the smaller your monthly power bill will be. The great news is that you’ll see results immediately upon installing your panels. Your next bill will be noticeably lower, and over time, you’ll be saving money.
  • Better for the environment
    • Probably the most immediate benefit many of us think about… Going solar means you’re converting usage of general electric (which uses limited resources to produce) into solar energy–an energy source that does not have a limit.
  • Increasing the value of your home
    • The addition of solar panels into your home will have a massive impact on the value of it as well. This can come in handy in a number of ways. If you decide to move one day, you’ll get more out of your sale which can even fuel the addition of solar panels in your new home. Another benefit is that you can take out a larger equity loan should you be in need of the extra money, such as for a home project.

 

Contact Us for a Solar Battery System Today

Are you ready to make the jump to solar power? If so, then now is the time to contact a solar company to install your solar equipment. If you live around Tampa, Florida, then SEM Power is your neighbor, and we would be elated to help you make the jump with a solar battery system. For more information on our services or the benefits of going solar, contact us today.

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