Saving On Solar is here to help Panama City homeowners maximize their energy savings with solar panel installations. We have a network of licensed Florida solar advisors who will use your home’s size, roof type, and power usage in order to customize an affordable solar quote & design for you!
What are the benefits of going green with Panama City solar? Well not only do renewable sources like solar create clean electricity without releasing any carbon emissions into the atmosphere but they also provide significant cost savings over time when compared against traditional power costs.
Homeowners in Panama City FL are ideal candidates for solar energy absorption. If your area or utility offers net metering, you’ll receive a credit for the excess energy you produce, effectively reducing or eliminating your utility bill.
How Solar Works:
Solar power systems can be broken down into three types:
Homeowners in Panama City FL qualify for a 26% credit in through 2022. Beginning in 2023, the tax credit will diminish to 22%, then end for homeowners in 2024.
Solar is an amazing investment for your home! There are several financing options available, and they all require $0 down and are easy to qualify for. The most popular option is a home solar loan or a home equity loan – which will still let you take advantage of the Federal tax credit that comes with getting solar panels installed on your house in Panama City.
A solar panel installation can provide Panama City homeowners with a relatively quick ROI by immediately reducing or eliminating your electric bill and adding tax-exempt value to your home. This is true even if you have a loan, as the monthly payment on solar panels will typically be less than what you were paying for electricity every month before installing them. On average, the added value to homes in terms of price per square foot increased 4.1%, according Zillow!
Curious about how much money you can save with solar? A typical Panama City home with solar panels will produce more power than it needs during peak hours. With grid-tied systems, all the energy that is not used by a household goes back to the energy grid and receives credit for it because of net metering. This means when you use less electricity from your electric meter as well – causing your bill and meter to run backwards!
When you need a solar panel installation, Panama City is an excellent place to be, but permitting and inspections can be a hassle. You don’t have to worry about permits and inspections because the solar partners we connect you with will do it for you! They will also provide engineering and installation services which will make your experience as easy as possible.