A TAMPA ENERGY SOLUTIONS COMPANY PROVIDING SOLAR POWER SERVICES TO CENTRAL FLORIDA
Send us a quick note for more information on how we can help you or call us 813-398-3687
Let's do the math on Solar Systems for your home on electrical energy. Tampa Bay Solar tax credits can save you more than you might think!
An average residential Solar package typically runs around $12,000 up to more than $29,000 with a very basic federal rebate of 30% off the entire photovoltaic system.
Your new solar system immediately begins saving you upwards of $200 per month.
That's about $2,400 a year. With energy costs expected to increase over the next 10 years, your pay off will accelerate even sooner, depending on increases from the Electric Company.
The two factors that many people over look is the benefit that takes place while the system is beginning to pay for itself - net metering, where you get credit back from the power company!
And secondly, if financed, once your last payment is made, you will be totally free of a power bill, which in fact, will be much higher ten years from now. Some analysts predict home electric bill increases will be nearly 70% in the next ten year span, making solar systems a real no brainer for consumers.
As of right now, your renting your power, you do not own the power and as a result you will always be paying for your power, that is, unless you act now, and free yourself from the life long power renting scheme we have become accustomed to. We can help you stop renting and start owning your energy future today, call or click.
Added Property Value:
With any type of solar photovoltaic system, homeowners can expect an added increase in their property resale value. Solar systems for homes and businesses are the future of power. Solar makes "cents" (dollars too), it is better to own your power than rent it from someone else. Keep your money in your business.
At Tampa Energy Solutions, we see ourselves as being in the business of liberating people from the dependence on others for their energy. Distributed energy is the future. It means greater energy security and grid reliability. Smart grids will dominate the future of energy. Let us free you today, call 813-398-3687.
WIN-WIN Through Net-metering:
Net metering, is selling the excess power that you generate from your newly installed solar system. It provides benefit to you as a consumer and shortens the payoff or return on your investment.
With a Net Metering type of arrangement, a bi-directional meter is used to record electricity you draw from the grid, and the excess electricity your system feeds back to the grid. The meter spins forward as you draw electricity, and spins backward as the excess is given back the grid. If you use more electricity than your solar system can produce, you will pay for the energy that is consumed beyond what your solar system produces. The energy company will carry forward your excess energy as credits to you for up to a year. Think of it as roll-over minutes like your cell phone. The great benefit of Net Metering is that the power company is essentially your storage battery for your excess energy that your solar system creates during the year.
Net metering is a win-win for the consumer and the power company. The consumer generates electricity during peak load periods reducing the demand on the grid and feeds excess energy back to the power company at a time when the cost of energy is highest. Net metering reduces the need for additional utility sponsored power infrastructure investments in areas with increasing populations. Solar Tax Credits:
Tax credits can reduce a substantial portion of the total solar power system cost thanks to an aggressive Federal Tax credit that can save you up to 30% off your new solar energy system.
Tampa Bay Solar recommends confirming the availability of economic incentives with your tax adviser about the tax credit before you install a solar photovoltaic system. Given the 30% tax credit, there’s no better time to go solar.
Don't think about it too long though, the 30% tax credit is set to expire soon. The Investment Tax Credit (ITC) allows you to take a tax credit equal to 30% of the total cost of your solar system installed by Tampa Energy Solutions.
Florida asserts that even if your home value increases due to a solar system, you will not be taxed for that improvement.
Click here for Solar property tax benefit.
View All Solar System Incentives:
This link goes to the main Solar System tax breaks and rebate programs in Florida. Click here for more Solar System options.
Business Accelerated Depreciation (MACRS):
Tampa businesses can also take advantage of accelerated Depreciation known as (MACRS): Renewable energy solutions can be depreciated on a 5 year accelerated schedule. Please consult with your tax professional to better realize the cost savings and tax advantages by going solar. Solar Photovoltaic (PV) technology payback (ROI) can depend on the following; local climate, utility rates, exposure to sun, proper installation and tax credits.
In Florida, the compound annual rate of return is on average 9.6% percent, and lets not forget about the increase of your property value, which in most cases can more than cover the cost of the Solar Photovoltaic (PV) system installed on your home.
It will someday even go deeper as electric cars become more popular, imagine not only eliminating your electric bills, but also never paying to fill the gas tank again.
Stop imagining, that future is here, and it's being done by more people and businesses with each passing day. Call us today and lets figure out if we can start saving you money and the environment too, with a new solar system for your home or office. Call us today at 813-398-3687.