Solar energy is the term we are hearing a lot these days as we are looking out for new ways to get off of our dependence on fossil fuels. When we talk about solar energy the first term that pops up is Photovoltaic cells. Now, if you break down the word we get ‘photo’ meaning light and ‘voltaic’ meaning electricity. Photovoltaic cells are the cells which make up the solar panel.
Solar Photovoltaic System is a technology that converts light energy from the sun into electric energy using semiconductors. When the sun rays hit the semiconductor within the Photovoltaic cells, electrons are freed and form an electric current. The solar PV system is generally utilized on a panel (hence solar panels). PV cells are usually connected to each other and mounted on a frame called a module. Multiple modules can be wired together to form an array, which can be graded up or down to produce the amount of power needed.
It is estimated that solar energy will provide $400 billion in terms of public health and environmental benefits by the year 2050 according to a study conducted by the U.S. Department of Energy’s (DOE) and the National Renewable Energy Laboratory (NREL).
In addition to cutting back on our electricity bills, solar energy has been proven good for overall human health and also the environment. It protects you from the pollution caused by the consumption of fossil fuel. Solar energy has been crucial in reducing the carbon footprint and preventing global warming.
There is a myth involving solar energy – it is meant exclusively for the rich. This might have been true a decade ago when solar power systems were costly due to the high production cost and installation, but things are different now. Solar energy has become super affordable and accessible. Today more and more people in Florida are choosing solar PV systems to power their homes and offices. Nearly 1 million households have solars installed in the sunshine state. People are becoming more aware and conscious about their choices. The plunging prices of solar panels and the incentives provided by the government makes it easy for the people to switch to solar power for energy and become energy sufficient.
The government has played a huge role in promoting solar energy systems in Florida. When you spend money on solar PV systems or other solar appliances, you become eligible for sales tax exemption under Florida’s solar and CHP sales tax exemption.
Operational since 1997 this tax benefit could save up to 6 percent of your total purchase cost. The Federal government’s Investment Tax Credit is a huge incentive for proprietors planning to buy solar panels. As per the policy, 30 percent of the total cost of installation is deducted from your tax amount. Another incentive is the net metering system which allows homeowners to sell excess power generated through solar PV systems to utility grids.
Investing in solar power is financially beneficial in the long run for homeowners and for the planet as well. Property Solutions have been providing solar energy systems in the South Florida community for over a decade. We have state-certified solar and building contractors and expert installers to help you switch you to solar energy to save your money on electricity bills while helping to reduce global warming. We are committed to providing a one-stop solution for all your solar energy system needs in your budget on time under our expert guidance.