How to Use the Solar Calculator
The best way to learn about local rebates, your home’s energy potential, and your eventual return on investment is to use our ModSun Solar Cost Calculator (see above). Enter your home address in the box, then click Check My Roof. You’ll get an instant picture of your roof’s productivity, your average energy expenses, and installation costs in your area—whether you decide to buy or loan. We’ll also provide system size recommendations and information about rebates and incentives you may be eligible for. Just select More Info under each purchasing strategy to learn more, and then connect with a solar pro.
Solar Panels Buyer’s Guide for Cape Coral, Florida
The use of solar power is rapidly gaining momentum across the country. Whether it’s solar panels providing cheap electricity to power homes, or solar powered water heaters producing the hot water we’re accustomed to, solar power is makings its mark. If you are interested in solar power for your home, this handy solar buying guide can help get you started. It is designed to introduce you to solar power, point out important considerations before installing a solar system and provide some cost saving tips when it comes to financing, rebates and incentive programs.
Climate Considerations for Solar in Cape Coral
Climate, particularly hours of sunshine, is the most important component of solar power. Without the photons produced from the sun’s rays, solar power would be impossible. Residents living in Cape Coral have a major advantage over most parts of the country; they live in Florida, the sunshine state. Cape Coral experiences approximately 265 sunny days per year, which is way above the national average of 205. The number of days with measurable precipitation equal 112 with 54.3 inches of rain annually. Florida is mostly a sub-tropical climate resulting in zero snowfall each year. Average summertime temperatures in Cape Coral are 91 degrees in mid July with a comfortable 53.5 in mid January. The two most common types of solar power used in residential applications are solar panels to generate electricity and solar water heaters used to produce hot water.
Types of Solar Panels for your Cape Coral Home
Choosing the type of solar panels suitable for your property will be decided between you and your solar contractor. Many factors must be considered to achieve the most efficient system for your property including building size, climate and any structural limitations as well as existing structures or foliage that could limit the panel’s access to the sun.
The most common type of solar panel system installed in residential applications is a Grid-Tie solar panel.
A Grid-Tie solar panel configuration consists of several solar panels connected to a breaker in your home’s main circuit panel box. An inverter is necessary to convert the DC “Direct Current” produced by the panels to the AC “Alternating Current” required to power your home. The converted power is back fed through the circuit breaker and into your service panel. A net meter monitors the amount of electricity produced by your solar panels. Excess energy you do not use is diverted into the main power grid and can be sold to the applicable power company. This type of configuration is the most common and acts a supplement to grid power. You will still need the grid to power your home at night or on cloudy days that will decrease the amount of electricity produced by your solar panel production.
Solar Water Heaters
Solar thermal water heating is one of the most reliable methods used to produce hot water. Panels affixed to the rooftop utilize solar energy from the sun to generate heat, which is used to produce hot water for our every day needs. Many benefits are realized when converting to a solar water heater including reduced carbon footprint, reducing our dependence on foreign oil, increased property value and financial savings by lowering energy costs.
Installing Solar Panels in Cape Coral
Installing solar panels in Cape Coral requires a permit. You or your contractor can obtain the necessary information and application via the Cape Coral Building Division by clicking here.
Average Costs of Solar Installation in Cape Coral
Even though their costs have dropped in recent years due to technological advances, solar panels still represent a sizable investment. You can expect to pay an average of between $14,000 and $20,000 for a 5KW system to power a 1500 square foot home. Many factors have a role in the size and type of solar panel system you choose. Your solar contractor or company will determine the type and size of your system based on your home’s square footage, roof orientation, power needs and climate.
Reducing the Cost of Solar
Solar energy systems and their related components are exempt from Florida sales and use taxes. To view a list of qualifying components click here. Cape Coral residents can also save money by taking advantage of Florida’s net metering laws. It allows you to receive a credit on your utility bill when your system generates more electricity than you use. Taxpayers can also take advantage of the federal government’s Residential Renewable Energy Tax Credit that allows a credit of 30% on qualified expenditures through the end of 2016. Florida power companies offer different incentive or rebate programs but they are constantly changing, expiring or being refunded. To search for current and future cost saving programs visit the Database of State Incentives for Renewables & Efficiency. The website provides a current list of the available programs by state or zip code.