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The National Renewable Energy Laboratory estimates that every $1 you save on energy in Delray Beach FL will increase your home’s worth by an average of $20. You can increase the value of your house, and get assistance paying for it. We will help you locate any federal, state, and local incentives available, including cash rebates.
Your monthly electric bill will be lower if you have a grid-tied system. You are only charged for the difference between the electricity you get from the grid and the solar energy you produce and send back to the grid. Your meter should be run backwards
A home solar system in Palm Beach County will reduce greenhouse gas emissions and decrease the need for fossil fuels. A solar panel’s photovoltaic cells emit no noise or exhaust. A grid-tied solar system in Delray Beach FL allows you to not only power your home but also send electricity to the grid. This reduces the emissions.
Federal tax credits work in a different way than tax deductions. Credits are deducted directly from your tax liability at the end. The credit was 30% in 2019, is at 26% now in 2022, and will drop to 22% by 2023. Commercial installations will be eligible for a 10% credit thereafter. After that homeowners won’t be able to receive the credit. We can help maximize your credit by granting credits for energy-efficient improvements to your home such as solar water heaters.
You’ll see a difference in your monthly utility bills as soon as you have solar installed. Grid-tied systems allow you to send electricity back to the grid. This gives you credit for what you have sent, and causes your meter “backwards” in a process called net metering.
No Sales Tax
Florida’s Solar and CHP Sales Tax Exemption allows solar products to be purchased without the need for a sales tax exceeding 6%. This exemption was created in 1997 and made permanent by the Florida legislature in 2005.
Home Value Increases Exempt from Tax
Your property taxes will usually go up if your property values rise. Solar panels in Delray Beach are exempt from tax, unlike other home improvements that could lead to unwelcome increases in property taxes.
Solar panels in Delray Beach work by converting light from electricity to solar power. This electricity can then be used in your home or exported to the grid when it’s not needed. This is done by installing solar panels in Delray Beach Florida which generate direct current (DC) electricity. This is then fed into a solar inverter, which converts the DC electricity from your Palm Spring solar panels to alternating currents (AC) electricity to power your home. If your home does not use all the power produced, it will turn your meter backwards and send it back to the grid to earn solar credits.
Red Solar was started with the mindset of renewable energy being the future. We want everyone to travel through this transition. We can all agree that solar is the best way to reduce your carbon footprint, but it’s not the only way. During a Red Solar energy evaluation, all energy commons in your home will be analyzed for results. After everything has been checked, we will be able to guide you through ways to reduce each component’s energy consumption and make your home more efficient. Our expert technicians will guide you through the process for better understanding and reassurance. Contact us via phone, email or book your free solar analysis in Delray Beach Fl!