Solar power in West Palm Beach, Florida

Since Florida Power & Light services West Palm Beach residents and business owners are eligible for 1 for 1 net metering. Net metering allows excess solar generation to be sent to FPL's grid and you receive 1 for 1 value with the retail price. At the end of every 12 month cycle if you export more than you consume FPL will write you a check. With so much sunshine in Florida net metering will save you a lot of money. Net metering also comes hand in hand with the 30% federal solar tax credit covering 30% of the total install cost. Utilities and many legislatures are fighting to kill net metering so it's best to act now before it's too late.

Florida offers an amazing PACE program for homes and businesses in participating cities interested in solar. This program is basically a lease/PPA however, at lower prices and is paid for through property taxes. PACE also gets rid of responsibility for the system since if you sell your property the next owner continues paying for the system. To receive the best deal on solar it is still best to pay cash. If cash isn't an option a HELOC (Home Equity Line of Credit) might be. Secured against your home a HELOC loan has very low interest rates of around 4%. This way you can approach a solar company as a cash buyer and receive a much better price.

Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator to find out:

• How many solar panels you need to cover your power bill;
• How suitable your house is for solar;
• What incentives your house may be eligible for;
• The cost of solar panel installation in West Palm Beach and whether you are eligible for zero down solar deals; and
• Your likely payback period and return on investment from installing solar

Estimate your solar savings