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

The Cost and Benefits of Solar in Ocoee

Even though solar panels can save you a good amount of money on energy bills over time, it's important to consider the upfront costs. A few key factors that dictate how much it will cost to install solar panels on your home and how much it could save you over time are:

• The make and model of solar panels you're thinking of getting: More efficient panels are more expensive, so that will shape your budget for your solar project.
• Your city: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $22,000 over 20 years with your system, too.
• Energy consumption: Installing solar panels may be too steep of an investment for families that don't use a good amount of energy a month.

Although a solar panel system costs a sizable chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on several factors, including the size of your solar panel system and your local electricity rates.

Solar Incentives in Ocoee

Because solar power is better for the environment than traditional energy sources, there are quite a few government incentives available to encourage its adoption. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of how much your solar project cost when you file taxes, reducing the amount of taxes you owe that year. Additionally, there may be some local incentives that stack with the ITC too. You can learn about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Ocoee

There are tons of reasons to switch to solar power, like saving money on utility bills and helping to reduce your carbon footprint. A question many might be wondering about is how much can they really help the environment by going solar anyway? The more power you use, the better off the planet will be from you switching to solar since you won't need to rely on traditional energy sources as much. Once you go solar, your carbon emissions can be reduced by about 90 pounds every year. The good things about solar power are plentiful — just like solar power is! That's why so many homeowners have been happy with using solar energy.