Author: Solar Bear

4 Home Investments That Will Save You Money Over Time

Looking for ways to save money while investing in your home? Investing in long-term projects that lead to lower monthly costs can be an excellent way to save money. Plus, when done correctly, you’ll also enhance the value of your property and enjoy a better living environment. To help get you started, here are 4 surefire investments in your home that will pay off over time.

Solar Energy Systems

Solar energy systems for the home continue to improve year after year, and the cost of both panels and installation has become much cheaper. On top of that, solar panels are becoming even more efficient, making it easy to power your home with free energy from the sun.

Homeowners are enjoying a faster-than-ever return on their investment in solar. In fact, the average system can be paid back to a homeowner in just 7.5 years by reducing or even eliminating your electricity bill. Plus, you can receive a 22% tax credit on your investment until 2024 thanks to the Investment Tax Credit.

Solar Batteries/Net Metering

Did you know that some home solar energy systems create more energy than a household can use? With solar batteries, homeowners with solar energy systems can store the energy they don’t use. With net metering, you can even sell that energy back to the grid. So, not only can you eliminate your electricity bills completely with a solar energy system, but you can even make money on the energy your system produces and pay off your investment in solar even faster.

Smart Home Thermostat

If you’re looking for a handy device that enables more energy-efficient living, look no further than the smart home thermostat. These thermostats “think” for you, so you’re only heating and cooling the parts of your home when you need to. 

Smart thermostats detect when no one is home and turn off the heating and cooling systems. They can also target heating and cooling only to occupied rooms, and they can even understand your household’s schedule for worry-free efficiency. 

Tankless Water Heater

Investing in a tankless water heater is an investment in efficiency. This helpful appliance reduces your energy bills since water gets heated only on demand, unlike a traditional water heater that uses energy to keep water hot 24/7. While the upfront cost of a tankless water heater may be high, you’ll save money over the years in water and energy. 

Make Smart Investments in Your Home Today

When it comes to practical home improvements that save you money over time, investing in solar energy systems—along with batteries and net metering—offers the best bang for your buck. Ready to save money and make the switch to solar? Contact the solar experts at Solar Bear of Tampa today at (727) 471-7442 to get started!

Are Solar Batteries Eligible for Tax Credit?

Are you considering switching to solar power in Florida? You may be interested in knowing if solar batteries qualify for tax credits.

This article will provide an overview of what you need to know about solar battery tax credits and how they can help make the switch to solar even more affordable. We’ll explore eligibility, potential savings, and other factors that can affect the cost of switching to solar-powered energy. Let’s dive in!

The Inflation Reduction Act of 2022

Before we get to the question of tax credits and solar batteries, we first must discuss the Inflation Reduction Act (IRA) that was signed into law in late 2022 by President Biden.

Regarding solar panels and solar battery storage, this credit was formerly known as the Investment Tax Credit, but it was recently expanded by the IRA. It is worth a 30% credit on your total solar installation costs and is available until 2032. After that, the credit will reduce to 26% in 2033 and 22% in 2034.

Solar Batteries and Tax Credits

So yes, to answer the questions, in many cases, homeowners can receive a tax credit for installing solar batteries.

In Florida, homeowners can receive a federal tax credit of up to 30% of the cost of installing a solar battery system. This means that if you invest $10,000 into a new solar battery system for your home, you may qualify for a $3,000 credit on your taxes. Some states also offer incentives and rebates on top of this federal tax credit.

It’s important to note that specific requirements must be met to qualify for these tax credits. For example, solar batteries must be charged entirely by renewable energy sources such as wind or solar power. You must also own the battery system (not leasing it) and own the property you are installing it on.

Finally, the battery must have a capacity of no less than 3 kilowatt-hours.

Do Standalone Solar Batteries Qualify?

Batteries that aren’t directly connected to solar panels also qualify for the tax credit as of 2023.

What if I Already Have Solar and I Want to Install a New Battery?

Although there has yet to be guidance issued about this specific scenario, it appears that homeowners will be able to claim the energy credit for adding battery storage to their existing solar systems.

For example, if you installed a solar system in 2022 and claimed the tax credit for it, you could add a solar battery storage system and claim that in 2023 for a tax credit too.

How Can I Apply for the Tax Credit?

The good news is that you don’t have to apply for the solar battery tax credit, you just need to claim the credit when you file your taxes.

Things you will need to claim the credit include:

• All receipts associated with the solar battery installation
• IRS Form 5695 for residential taxpayers or IRS Form 3468 for commercial taxpayers
• Add your credit information to your IRS form 1040

Remember, even though the solar tax credits are available for the next ten years, it doesn’t mean that you should wait to invest in solar! The sooner you install a system, the sooner you’ll see savings on your energy costs and taxes!

This is Great, But Do I Even Need a Solar Battery?

Honestly, whether you purchase a solar battery depends largely on your situation and power needs. But we truly believe that a solar battery storage system adds a lot of value to your solar system.

The biggest benefit is that having a bank of stored power can be greatly helpful during a blackout or major weather event like a hurricane.

Plus, you’ll be able to become even more energy independent as pairing a solar battery with your solar system essentially creates your own mini utility ready to use whenever you need power.

Central Florida Solar

Those tax rebates are sure enticing, aren’t they?! And those savings don’t even include the reduction in energy costs and dependence on your utility company!

Take advantage of Florida’s sunshine and install a solar system and solar battery at your Central Florida home or business today! Contact our friendly solar pros at Solar Bear Orlando for a quote today at (727) 471-7442!

2023 Spring Cleaning Maintenance Tips for Your Solar

Spring cleaning isn’t just about tidying up your home–it’s also important to take care of your solar panels. Over the winter months, dirt and grime can accumulate on the panels–even in warmer climates–decreasing their ability to efficiently convert sunlight into electricity.

To ensure your solar panels are working to their maximum potential, it’s recommended that you clean them at least a few times each year. Don’t let something as minor as dirty solar panels impact the energy efficiency of your home. Here are five simple tips to guide you as you maintain your solar panels this spring.

Invest in a Quality Solar Panel Cleaning Kit

Cleaning a solar panel using standard cleaning supplies can do more harm than good, which is why investing in a solar panel cleaning kit is a smart move. These kits typically come equipped with special cleaning detergent, a cleaning brush, and a squeegee to dry and remove excess soap and liquid.

While it’s possible to clean your solar panel without a kit, be sure to avoid abrasive substances or sponges that can leave permanent damage. Always make sure you’re using soft cloths or sponges that haven’t been used to clean anything else, so you won’t scratch the panels as you clean. 

Follow Manufacturer Instructions

Many homeowners forget to check their panel manufacturer’s instructions before cleaning or maintaining their solar panels. While most panels don’t have any unique requirements regarding cleaning, some do provide specific recommendations. Refer to the information that came with your solar energy system and call your solar panel provider for more information.

Rinse Panels Before Using Soap

Often, hosing off your solar panels can do a good enough job of removing any built-up dirt, dust, or grime, but it’s a good idea to do a more thorough spring cleaning. Start the process by hosing off the panels before cleaning them with soap and a rag or sponge. 

Check for Damage

As you’re performing spring cleaning, you should also look for any signs of damage like cracks or chips. If you notice any damage, reach out to your solar panel provider immediately. Damaged panels reduce the efficiency of your system, so get any problems fixed right away to make the most of your investment. 

Hire a Professional

If your panels are difficult to reach or are particularly dirty, it’s often wise to hire a professional to take care of spring cleaning for you. Aside from cleaning the panels, your solar technician will perform any required maintenance, ensuring your solar panels are ready to soak up the sun throughout the spring, summer, and beyond.

Maintain Your Solar Energy System This Spring

If you’ve made the wise decision to invest in a solar energy system, protect your investment by following the spring cleaning and maintenance tips listed above. Need more information about making the switch to solar? Reach out to the solar experts at Solar Bear of Tampa today. Give us a call at (727) 471-7442!

6 Tips for Choosing a Solar Installer You Can Trust

Are you looking to go solar in Florida? Congratulations! Making the switch to solar power is a great decision. With so many solar installation companies to choose from, it can be difficult to determine who you can trust.

To help you out, our team at Solar Bear Orlando has put together a list of six tips for choosing a solar installer that is reliable and reputable. Follow these helpful guidelines and you’ll be well on your way to having a successful solar installation!

Finding a Solar Installer You Can Count On

Choosing to go solar in Florida is a wise choice, since our state is one of the sunniest places in America, making it an ideal location for solar energy. Yet, picking the best solar installer can be challenging. Follow these tips!

#1. Check for Licensure, Insurance, & Reviews

A reliable solar provider will have the license and insurance coverage that Florida requires. Also, we recommend looking at their reviews online and seeing what previous customers have said about their services.

You can also ask friends or colleagues who have gone through the process of installing solar panels for recommendations.

#2. How Much Experience Do They Have?

Consider their experience in the industry. How long have they been installing solar systems? You want someone who has been installing solar systems for several years and has completed multiple installations successfully.

The more experienced they are, the better equipped they will be to handle unexpected challenges that may arise during installation. So don’t hesitate to ask about their experience and how many installations they have completed.

#3. Do They Plan to Assess the Roof?

Any solar company worth its salt will take the time to assess your roof’s condition before giving you a quote or starting work. This is because the strength and durability of your roof will play a major role in determining what type of solar system is best for you.

A good solar installer will also be able to identify any potential issues early on, like leaks or damage that could impact your installation down the line.

#4. Are They Transparent About the Process?

Transparency means that your installer should explain each step of the process and make sure you understand everything before signing any contracts. They should also provide a detailed breakdown of the costs involved, so you know exactly what you’re paying for.

A trustworthy installation company will never shy away from answering any questions or concerns that may arise during the installation process.

#5. Do They Warranty Their Work?

When it comes to solar power systems, equipment quality matters. That’s why it’s essential to choose a solar contractor who uses high-quality equipment that is built to last. Look for installers who work with reputable manufacturers and offer warranties on their products. This will give you peace of mind knowing that if anything goes wrong with your system within a certain timeframe, they will take care of it.

Not all warranties are created equal, so make sure you read the fine print carefully before deciding.

#6. Do They Offer Financing Options?

When it comes to selecting a solar installer, it’s important to choose a company that offers flexible financing options tailored to your budget and energy needs. Some solar companies work with third-party lenders or offer in-house financing programs that can make going solar more affordable than you might think.

Additionally, some programs may come with incentives such as tax credits or rebates that could reduce your out-of-pocket expenses even further.

Discover Solar Savings in Central Florida with Solar Bear Orlando

Solar Bear Orlando is the ideal choice for homeowners in Central Florida who want to go solar! We provide high-quality services at competitive prices, with experienced professionals committed to providing top-notch customer service.

So, what are you waiting for? Call (727) 471-7442 for a solar installation quote in Central Florida today!