Common Mistakes When Buying Solar In Florida
So today’s video is going to help protect you from some of the mistakes to avoid with solar in Florida.
- One of the first things that I would advise you to do is check with your accountant. If you think you qualify for the solar tax credit, but you don’t, the solar installation will cost you 30 percent more.
- The second thing I would advise you is to take a hard look at your roof. You know most solar panel installations are going to involve some type of mechanical manipulation of the current roofing structure. If it’s old. if it’s brittle. it’s not going to work.
So let me give you an example. Say your roof is 14 years old and you’re considering solar panels. What could very well happen is that your roof is still probably in pretty good shape.
Three months after installing the solar panels, your insurance company notifies you that your roof is approaching 15 years old.. If you want to continue the coverage, you need to replace the roof.
The good news is that many of these things can be incorporated into your solar project.
The unfortunate part is that if your solar panels are already on the roof, you’ll need to cover the cost of removing them. Opting to replace the roof and then reinstall the solar panels separately can result in additional expenses. It would have been more cost-effective to either wait or replace the roof and solar panels simultaneously.
What If I Have To Have Solar Panels Removed?
So, a ballpark figure to have solar panels removed could be less or more depending on how large your array is, that could be $5000 or so. That could be a costly mistake.
So again… the solar tax credit number one most costly mistake. Having to remove the solar panels on your dime is another costly mistake
- The third expensive mistake is choosing the wrong type of solar financing. If you anticipate paying off your solar array relatively quickly, a higher interest rate might be a good choice. The shorter-term higher payment you end up paying less for a lot of the financing costs by going that route.
If all you want to do is pay the same as you’re paying your electric bill, it may be a better move for you to go with a longer finance plan. You can get a lower minimum payment and a much lower interest rate.
Again, talk to a solar consultant that you trust. Talk to your accountant and follow a couple of these steps. You’ll be protected from making some of the mistakes to avoid when buying solar in Florida.
Get an Unbiased Solar Consultation
The last thing is just to know who you’re dealing with and read reviews. I represent several solar companies, ones that I know are going to do the absolute best job they can, which are the best fit for you. I would encourage you to go read my reviews. Go on Sunbility who I’ve been with the longest. Go on their Google reviews… there are over a hundred five-star reviews and nothing other than five-star reviews on Joe Nash over the past three and a half years.
So that speaks to the level of trust that my customers have put in me. That’s who I am and that’s the kind of guy that you want working for you when you’re contemplating your project.
If you’re thinking about a solar installation in Florida, I would be happy to help you decide if solar is a good decision for you. Just hit the green call button or send me a message at [email protected]. I look forward to helping you.