11 Best Solar Companies in Sanford, FL (Mar 2023 Review)

The Cost and Benefits of Solar in Sanford

Even though solar panels can save you money on power bills over time, it's necessary to take into consideration the upfront costs. Some important factors that determine the cost of installing a solar panel system on your home and how much money you could save over time are:

• Average daily sunlight: Since Sanford gets lots of sunlight, your solar panel system will most likely be able to generate enough energy to power your whole home, which impacts how much you can save on your energy bills.
• How much you spend on energy: The typical household in Sanford shells out around $1,200 a year on home energy use alone, so you could gain that much in savings.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $21,000 over the first 20 years with your system, too.
• The make and model of solar panels you're planning on getting: More efficient models are more expensive, so that will determine your budget for your solar project.

Even though a solar panel system costs a good chunk of money upfront, it can save you much more over time. The question of how much, though, depends on several factors, such as the angle of your roof and incentives.

Solar Incentives in Sanford

There are lots of reasons why you should switch to solar. One of them includes some government incentives you can take advantage of. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also potentially stack the ITC with other state and city rebates and benefits. For detailed information about local incentives, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Sanford

There are tons of reasons to trade traditional energy for solar energy, like saving some money on electricity bills and helping to lower your carbon footprint. A question many might have in mind is how much can they really help the environment by switching to solar power anyway? The more power you use, the the more the environment will benefit from you switching to solar as you won't have to burn as many fossil fuels. In fact, if you adopt solar power, you could lower your carbon dioxide emissions by about 90 pounds each year. As you can see, trading traditional energy for solar has so many other rewards outside of saving money. One of the major ones is that you can help save the environment too.