VILLAGE OF TEQUESTA FALL NEWSLETTER

SAVE MONEY & HELP SAVE THE PLANET

GO SOLAR

OHomes with solar PV systems sell for more! According to appraiser and realtor data, the increase in re-sale value is $2 to $3 per watt of a PV system.With an average sized roof-top system of about 6-7KW, that equates to the re-sale value of your home increasing between $12,000 to $21,000.

Solar Fast Facts Let's start with the basics. The two most common ways to harness the energy of the sun at home is either through a Solar Thermal or a Solar Photovoltaic system. A solar thermal system takes the heat of the sun and warms water. This type of system can assist with hot water needs for a home or pool. A solar photovoltaic (PV) system utilizes solar cells and panels that create electricity for the home. While solar thermal is a wonderful means to assist with hot water production at home, this article will focus on the merits of home PV systems. What will it cost to install a Solar PV system at my home? The size (number of panels) of a photovoltaic system installed on your roof will determine the cost. Besides your budget, your home's electricity needs as well as your roof design will determine the size of a system. The more PV cell panels, the more kilowatts (KW) of electricity it will produce. An average-sized home's PV system in Florida can cost between $12,000 to $25,000. If you need a loan to pay for a system, check out the Solar Energy Loan Fund or the Florida Pace (Property Assessed Clean Energy) Funding Agency. What's this about saving money? OThe cost to install a Solar PV system has dropped 36% in the last 5 years. OWith the Federal lnvestmentTax Credit (ITC), you can reduce the cost of your PV solar energy system by 26%. (Note: After 2022, the federal tax credit starts to step down). OThere is no state sales tax (6%) on the purchase of a renewable energy device like a solar PV system. OThe non-profit SOLAR UNITED NEIGHBORS (SUN) of Florida helps set up regional solar co-op's wherein homeowners can save money by going solar in a group. Solar installers compete for the co-op business and offer bulk discounts. O With the reduction in and saving on your electricity bill, the cost of a typical Solar PV system is paid off in 7-10 years.

How can I learn more? There are over 480 solar industry related businesses in Florida. To help gather and sort out all the information you might need, check out; Solar United Neighbors (SUN) of Florida.This non-profit offers an abundance of information for homeowners considering adding a solar PV system to their home. They are planning a solar co-op for Palm Beach County next year.They also offer one-on-one assistance to homeowners that don't participate in a co-op program. The Solar Energy Industry Assoc. (SEIA) and link to their Florida page. The EnergySage. Its panel of solar advisors is on hand to answer your questions and connect you with the resources you need to make an informed decision. They offer a Solar Marketplace free service that makes it easy to accept qualified quotes from solar power system companies. Over 90,000 Florida homeowners already generate their own electricity via solar and sell their excess back to utility companies via net metering. Let's continue the progress of our Sunshine state in the use of clean and renewable energy. One more home on solar is one less dependent on energy production that relies on carbon-based fuels that generate greenhouse gases. Finally, don't let the utility companies and legislators take away your ability or incentives to produce your own clean energy at home.

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