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How Much Do Solar Panels Actually Save In 2024?

Solar panels have become a staple in Central Florida, offering not just environmental benefits but also significant savings for homeowners. But we often get asked, “How much do solar panels actually save?”

Join our solar experts at Solar Bear Orlando as we discuss the saving potential that solar installations offer. Trust us, this article will make you reconsider your relationship with traditional energy sources!

Why Going Solar is a Good Idea in 2024

With continued advancements in technology and decreasing installation costs, the financial benefits of installing solar are more enticing than ever. In recent studies, it has been found that Florida homeowners can save an average of $10,00 to $30,000 on energy costs over 20 years just by switching to solar power.

Remember, this is just an estimate. Your home’s size, energy consumption, location, local energy costs, etc. will all play a role in your exact savings.

How to Maximize Solar Savings

The key to making the most of your savings when switching to solar likes to understand several things including:

  • Your home’s energy consumption and local electricity rates
  • The ideal size and configuration of your solar panel system
  • How much sunshine your area receives

Also, other ways homeowners can save include taking advantage of government incentives and net metering policies.

What About the Solar Payback Period?

Depending on where you live, you can expect to pay around $17,000 to $20,000 for a 6 kW home solar array. In 2024 you can also claim 30% of your total solar project costs due to the U.S. Government’s solar tax credit, which could result in homeowners receiving around $5,100-6,000 when they file their taxes. After subtracting these savings, homeowners are looking at around $11,900-14,000 net cost for their arrays, which isn’t bad at all!

Ok, but we still aren’t at the payback period, but don’t worry, we are making our way there.

If your Florida home has optimal sunshine conditions, a 6 kW system can generate between 8,000 to 10,000 kWh of energy each year. If you have Duke Energy as your electric company, you will have an electric rate of around 13 cents per kWh. So, your expected annual power bulls savings could be $1,040-1,300 with solar. Nice!

So, with the cost of your solar array at $11,900-14,000 after tax incentives, the payback period could range from 11 to 10.7 years.

Read More > Understanding Solar Output

Ready to Go Solar?

As you can see, making the switch to solar energy is a smart choice for homeowners in the sunny state of Florida, not just due to the savings, but the promise of energy independence.

Our team at Solar Bear Orlando offers top-quality residential and commercial solar solutions that can help you save big on your energy bills. So why wait? Reach out to our team today for a solar quote at (727) 471-7442!

We can’t wait to help you harness the sun’s energy!

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What’s the Difference Between Alternative Energy and Renewable Energy?

The drive towards cleaner energy solutions has placed a spotlight on terms like “alternative energy” and “renewable energy.” While they sound similar, there’s a key distinction to be aware of. Let’s unpack the concepts of alternative energy and renewable energy and understand what sets them apart.

Alternative Energy and the Path Away From Fossil Fuels

Alternative energy encompasses any energy source that offers a substitute to traditional fossil fuels (coal, oil, and natural gas). Our reliance on fossil fuels comes with environmental costs, and alternative energy provides a path forward. This category includes:

  • Renewable Sources:Solar, wind, hydro, geothermal, biomass.
  • Nuclear Energy:While not renewable, it’s a significant alternative to fossil fuels.

Renewable Energy Is Nature’s Powerhouse

Renewable energy sources are a specific type of alternative energy. The core concept is sustainability—they derive from resources that replenish themselves naturally, on a timescale relevant to humans. The key types are:

  • Solar:Harnessing the sun’s endless power.
  • Wind:Using wind currents to generate electricity.
  • Hydro:Power derived from the movement of water.
  • Geothermal:Harnessing heat from the Earth’s interior.
  • Biomass:Energy from organic matter (requires careful management for sustainability).

All renewable energy sources fit within the broader category of alternative energy, but not all alternative energy sources are renewable. Nuclear energy is a key example of this distinction.

Why Does the Difference Between Alternative Energy and Renewable Energy Matter?

Understanding this difference allows you to make informed choices about your energy sources. By embracing renewable energy, like solar energy, you have the power to:

  • Reduce your carbon footprint:Solar energy harnesses free, renewable energy from the sun. It’s a simple way to contribute to a cleaner environment.
  • Gain energy independence:Tired of dealing with power outages? With solar, enjoy less reliance on the traditional grid and gain more control over your energy needs and usage.
  • Potentially lower your energy bills:Fed up with skyrocketing energy bills? Solar energy is free and renewable. You’ll save a significant amount of money in the long run.

Solar Bear Is Your Tampa Bay Solar Partner

At Solar Bear, we specialize in helping homeowners make the switch to solar energy. If you’re ready to explore the benefits of renewable energy, contact us today at (727) 471-7442 for a free consultation. Let’s harness the power of the sun together!

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How Do I Charge My EV Using Solar?

Electric vehicles (EVs) and solar energy are truly a match made in heaven. If you’re a proud owner of both an EV and a solar panel setup for your home—or you’re considering one—you’re sitting on top of a green energy goldmine. Here’s a guide to harnessing that solar power to keep your EV charged and cruising the streets.

Step 1: Assess Your Solar Capacity

Before you can start charging your EV with solar, you need to ensure that your solar panel system is producing enough energy to meet your home’s needs and have some to spare for your vehicle. This means evaluating your system’s current capacity based on factors such as the number and orientation of your solar panels, local climate conditions, and typical household energy use.

To estimate the available solar power for EV charging:

  • Calculate the average daily solar energy production of your panels.
  • Subtract your home’s average daily electricity consumption.
  • Consider the additional energy needed to charge your EV.

Remember—efficiency is key. You can improve the performance of your solar panels by keeping them clean and making sure they’re not shaded by trees or buildings. Installing a solar battery storage system can also help you save the sun’s energy for when you need it most.

Step 2: Install an EV Charger Compatible with Solar

Once you’re certain that your solar setup can handle the extra charge, it’s time to install an EV charging station that works with your solar system. There are various types of charging stations, ranging from Level 1 (standard 120-volt wall plug) to Level 3 (DC fast chargers). Level 2 chargers are the most common choice for home use as they offer faster charging times without the hefty price tags of Level 3 chargers.

Choose a Level 2 charger that’s compatible with a solar inverter. It should allow for scheduling charging times during peak solar production hours and provide data on your EV’s energy consumption. Some models even link with smart home systems to optimize charging times automatically.

Step 3: Link Your EV Charger to Your Solar System

Your machine should now be humming with the potential of solar energy. The final step is to connect the EV charger to your solar system. This typically involves:

  • Working with a certified electrician to ensure a safe connection that meets local building codes.
  • Programming your EV charger’s scheduling features to charge during peak solar hours.
  • Setting up the charger’s monitoring system so you can keep track of how much solar energy is powering your EV.
  • Enjoying guilt-free, solar-charged rides while reducing your carbon footprint.

Maximize Your Solar, Fuel Your EV – Talk to Solar Bear of Tampa

If you’re ready to take the next step toward sustainable driving and lower energy bills, the experts at Solar Bear Tampa are here to help. We can analyze your current energy situation, design a customized solar solution, and install the perfect EV charger to keep your ride powered by the sun. Contact us today at (727) 471-7442 for a free consultation and let’s start your solar-powered EV journey!

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Can You Charge An EV With Off-Grid Solar?

As electric vehicles and solar power become even more popular, you may be wondering if you can charge your EV with solar. Today, our team at Solar Bear Orlando shares what you need to consider, and what size of a solar system you might need to charge your EV.

Charging an EV with Off-Grid Solar

So the answer to the question, “Can you charge an EV with off-grid solar?” is yes! Charging an electric vehicle is definitely possible. If you live in an area without access to the grid, or you want to charge your EV when the power is out or during inclement weather, then an off-grid charging station is likely a good option for you.

Benefits of off-grid EV charging include:

  • Independence from the grid: You won’t be reliant on the electrical grid, and you can charge your EV on cloudy days or during bad weather.
  • Lower energy bills: Overall, solar can help you save money on energy costs.
  • Environmental benefits: Because you won’t be using fossil fuels to generate energy to power your EV, your system will be more eco-friendly.
  • Peace of mind: Solar power offers great peace of mind that you can charge your EV even when the power is out.
  • Flexibility: Charging your EV with an off-grid system allows you to power up your vehicle even when you don’t have access to a traditional EV charger.

What to Consider When Installing an Off-Grid EV Charger

Before installing an off-grid EV installation center, there are several things to consider. First, you need to ensure that your solar system is properly sized so it will generate enough power to charge your EV.

Doing so involves calculating the energy consumption of your EV and any other household appliances that you may be using solar power for. You will also need to factor in weather conditions and an estimate of how much sunlight your system will get each time.

With off-grid solar, you will need a way to store the energy that your system generates. So, you will also want to keep in mind the storage capacity of your EV battery because that directly correlates to how much solar power you will need to generate.

Finally, your budget is an important aspect to consider. Whether you want to design a solar carport that will charge your EV, a ground-mounted system, or a roof-mounted system to charge other household appliances, how much you want to spend is a big factor.

How Many Solar Panels Are Needed to Charge an EV?

The number of panels you will need to charge your eclectic vehicle will depend on the size of your vehicle’s battery and how much you drive. On average, we’ve found that a typical EV will need around 7-10 panels to charge it fully. Remember, this is just an estimate, and factors like panel efficiency, sunlight conditions, and your driving habits all play a role in how many solar panels you will actually need.

Read More > How Much Solar Does it Take to Charge an EV?

Call Solar Bear Orlando

If you are ready to install an electric vehicle charging station that is powered by the sun, don’t hesitate to reach out to our solar pros at Solar Bear Orlando. From solar carports to roof-mounted systems, we can help you design the perfect array that will make powering your EV a breeze!

Contact us for an installation quote by calling today (727) 471-7442!