16 Best Solar Companies in Cocoa Beach, FL (Mar 2023 Review)

The Cost and Benefits of Solar in Cocoa Beach

The cost of putting up a solar panel system has dropped immensely in the past several years, but it's still a significant investment for most homeowners. Some significant things that influence the upfront cost and potential savings over time include:

• How much energy your household consumes: Households that need lots of power each month may call for more solar panels and, consequently, more upfront cost, but will also enjoy more savings over time.
• Whether or not your roof gets a lot of direct sunlight: This, along with how your roof is set up, affects affect how much power your solar panels can make.
• The type and model of solar panels you're thinking of getting: More efficient models are more highly priced, so that will influence your budget for your solar project.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can benefit from. Plus, you can save about $22,000 over 20 years on your utility bills, without incentives.

Although a solar panel system costs a sizable chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on a number of factors, including the amount of daily direct sunlight available and incentives.

Solar Incentives in Cocoa Beach

If you're considering switching to solar energy, several government incentives and solar rebates can drastically bring down your project costs and expedite the return on your investment. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of how much your solar project cost when you file taxes, lowering the amount of taxes you owe that year. In addition, there may be some local incentives you can benefit from too. For comprehensive information about incentives for homeowners in Cocoa Beach, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Cocoa Beach

There are many reasons to trade traditional energy for solar energy, like saving money on electricity bills and helping to lower your carbon footprint. A question many people might be asking themselves is how much can they really help save the environment by switching to solar power anyway? No matter where you are, you can help save the planet by switching to solar energy, but homes that use a lot of energy will have an even greater impact. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good substitute for traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 100 pounds each year. For people who are concerned about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.