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TAKE ADVANTAGE OF THE FULL 30% FEDERAL SOLAR INVESTMENT TAX CREDIT (ITC) BEFORE IT ENDS THIS YEAR AND SAVE UP TO 9K ON YOUR AVERAGE RESIDENTIAL SOLAR ELECTRIC SYSTEM!
At Revolution Contractors, we specialize in turn-key commercial and residential solar electric and solar pool heating systems. Our services include, site specific design, engineering, permitting and installation. Quality components, reliable workmanship, excellent customer service, and job safety are the main staples of our practice.
We strive to achieve the highest quality workmanship at extremely competitive prices. We take pride in our safe and reliable solar systems designed to harness the sun’s energy in the most efficient and aesthetically pleasing way possible. Revolution Contractors will customize a solar electric system to fit your home and your family’s energy needs.
We offer turn key energy solutions. Including, system design, engineering, permitting and full installation. We also help complete all necessary paperwork for grid interconnection with your power company. All systems are designed and engineered to meet or exceed local codes wherever the installation is located.
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Why Choose Solar?
A solar investment will compete with or exceed the returns realized compared with any investment you can put your hard earned money into. Solar also helps to hedge against future rate increases and inflation all while helping Mother Earth.
Our solar installations are designed to last so you will see your payoff over and over again. Call us today for a free energy consultation and read below for more information on how solar adds value to your home, tax credits, and for commercial the depreciation schedule for tax shelter.
Installation of Solar Panels
Clermont rarely experiences occasional snowfall due to the state’s humid and tropical climate but seldom receives high temperatures at approximately 38 degrees Celsius (100 degrees (Fahrenheit) or even higher during summer. For this reason, a lot of people are now exploring all possibilities of installing solar panels on their roofs.
While many homeowners know what solar panels are capable of, many are still unaware of the details involving the complete installation of a solar panel system. It is important to know the available options in order to acquire the appropriate solar panel design that’s suitable for your Florida home. Make sure to get in touch with a solar panel contractor to learn the benefits of installing them.
There are three types of solar panel designs intended for home use, and these include:
The off-grid system is not connected to any utility, meaning the solar panels will store, generate, and utilize their own power independently. We will need to know the exact amount of power you need since the system is not connected to any external resources.
2. Grid-connected (without battery source)
The grid-connected system has no back-up power since you are connected to a grid (utility). The solar panel will only consume what is required, even if your house needs more power. Excess generated power will be passed on the grid if it’s more than the actual consumption. Expect lights to go out when there’s power outage from the main grid.
3. Battery powered and grid-connected
With this system, the solar panel is equipped with a built-in battery but still connected to the grid. The battery will act as your back-up power when the grid’s power supply goes off or requires some maintenance work.
For roof installations, the common designs are photovoltaic (PV) panels, thin film solar panels, and Solar thermal panels. We can help you select the best solar panel design for your roof before any contractor can install one for you.
The mounting systems used by contractors to install the panels are either direct-mounted onto the roof or ground framework if the existing roof is not suitable to carry the panels. The tilt angle of the solar panels is crucial as it helps the panels work more efficiently in cloudy skies and cold winter season. It also prevents the solar panels from moving due to strong winds. The basic solar panel installation steps are as follows:
- Position each mounting bracket four feet apart and frill the holes directly on the rafters.
- Secure the mounts with heavy duty steel bolts or fasteners.
- Install the solar panels to the mount and set them on a tilted position.
- Connect the solar panels to the electrical supply. Be sure to have them installed by a professional.
Installing solar panels seems effective in lowering the energy cost while reducing the environmental impact around your house. Indeed, the rooftop installation will significantly reduce the potential external damages of your property.
Benefits of Solar Panels to Clermont Homes
If you have been thinking about converting to solar electric you have landed at the right place. We offer solar electric system design, engineering, installation, and permitting for solar electric services. If you are unsure or on the fence about having solar electric installed in your home here are a few benefits of solar electric for you to consider:
Lower Energy Bills
With solar electric installed in your home, you are sure to see savings in your electric bills. How much you can save depends on a variety of factors including the size of the solar system you choose to have, your energy usage, placement of your panels, and utility rates.
Avoid Fluctuating Utility Prices
Solar electric not only lowers your bills but help you avoid those every changing utility prices.
Increase Homes Value
Adding a solar electric system has been shown to increase a Clermont home value by about $3-4 for every 5,000 watts. Not only are you saving money you are investing in the value of your home.
Sustainable and Renewable
The sun is plentiful in most parts of the world. Meaning there is plenty of it and it’s not going away anytime soon. The sun is a renewable and sustainable resource for your energy needs. For those who are environmentally conscious, this is a great option to help you go green.
Little Maintenance Needed
The solar electric system needs little maintenance as they are designed to endure normal weather patterns. They only need an occasional cleaning and an inspection once a year to make sure your system continues to run smoothly
For more information about our solar electric services and its benefits check out our solar electric/PV page under the services tab.
Do Solar Panels Add Value to a Clermont House?
Installing solar panels in Clermont can significantly increase your property’s value, according to a new study from the Lawrence Berkeley National Lab (LBL). The report, titled “Selling into the sun: Price premium analysis of a multi-state dataset of solar homes“, builds on previous research which concluded that homes with solar panels in California sold for more than those without.
In addition to California, the new study investigates home pricing trends in Connecticut, Florida, Massachusetts, Maryland, North Carolina, New York, and Pennsylvania by analyzing the sales of over 20,000 homes in these states.
LBL’s analysis of the housing markets in these other states shows that the premium paid for homes with solar is not a phenomenon isolated to the Golden State. The clear takeaway: solar panels really do add value to a home.
How Much Value Do Solar Panels Add?
Example: a 5 kilowatt (kW) solar system (the national average) will offer 5,000 watts of power. LBL says that each watt of solar adds about $4 to a home’s value in California and about $3 elsewhere. Thus, a home with solar should sell for about ($4 x 5,000W =) $20,000 more in CA or still ($3 x 5,000W =) $15,000 more outside of CA.
What is the Solar Investment Tax Credit?
The Investment Tax Credit (ITC) is currently a 30 percent federal tax credit claimed against the tax liability of residential (Section 25D) and commercial and utility (Section 48) investors in solar energy property. The Section 25D residential ITC allows the homeowner to apply the credit to his/her personal income taxes.
This credit is used when homeowners purchase solar systems outright and have them installed on their homes. In the case of the Section 48 credit, the business that installs, develops and/or finances the project claims the credit.
How Does the Solar Investment Tax Credit Work?
A tax credit is a dollar-for-dollar reduction in the income taxes that a person or company claiming the credit would otherwise pay the federal government. The ITC is based on the amount of investment in solar property.
Both the residential and commercial ITC are equal to 30 percent of the basis that is invested in eligible property which have commence construction through 2019. The ITC then steps down to 26 percent in 2020 and 22 percent in 2021. After 2021, the residential credit will drop to zero while the commercial and utility credit will drop to a permanent 10 percent.
What is the Commercial Depreciation Schedule?
Example: 50% Bonus Depreciation on a $1 Million Solar Project
Under 50% Bonus Depreciation, system owners may claim depreciation of half of their solar facility after it is placed in service; the other 50% is depreciated using the normal depreciation table, in this case 5-year MACRS.*
In the first year the 50% Bonus Depreciation reduces the post-ITC Basis by half, from $850,000 to $425,000. Now you can apply the first year 20% MACRS depreciation rate to this residual half of the basis, gaining an additional $85,000 of fist year depreciation ($425,000 x 20% = $85,000).
Thereafter you continue to apply the MACRS rates to the residual half of the basis… $425,000 x 32% = $136,000 of depreciation in the 2nd year, and so on.
50% Bonus Depreciation accelerates the MACRS depreciation schedule. In 2018, the bonus deprecation goes down from 50% to 40%. In 2019, it will go down to 30% and in 2020 it will be 0%.
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