Lessons Learned... or Not

These past few months have taught us all, once again, that lower prices and fancy talking salesmen are not reasons to purchase solar. As many have probably seen on the central Florida news, a prominent solar company located in Brevard County, went out of business. This caused hundreds of customers to lose their deposits—which were TOO HIGH—and with partial installations. Many rules are broken when people shop based on price alone. This Excel Solar competitor was selling solar panels for approximately what we could purchase them for wholesale. Of course, this competitor was selling the cheapest, Chinese panels, and equipment available. Conversely, Excel Solar uses only top-quality, American-made products. Therefore, we at Excel Solar could easily predict this “quick exit” our competitor recently took with their customers’ money. Personally, I have always screamed it from the rooftops: Do not shop only based on price! But no one would listen. Why? Probably because Excel Solar’s price has always been almost 30% higher than our competitors. Well, guess what? There was a good reason... there usually is.

 

There is another company in Brevard County doing the same thing as the competitor I discuss above. In fact, this company does not even possess a state-certified solar contractor’s license. The company is paying a general contractor and using his license to install solar systems. If an individual or business is selling solar and wants to be an expert in the field, they should at least take the time to acquire a state-certified solar contractor’s license. Yes, a general contractor's license allows a company to “legally” pull permits to install solar. But here we go again. PLEASE do your homework: Who is the contractor? What kind of license does he or she hold? Is he or she even part of the company? What is the reputation of the company? How long has the company been around? What products is the company selling and using? It is only after these questions are answered that you should begin comparing prices.

 

I have been doing solar in Brevard County for over 37 years. I have seen many so-called “solar companies” come and go in that time. Every customer that chose Excel Solar, over one of these “cheaper,” fly-by-night companies, has made the right choice. We always have and will always sell the best products at a fair price. This guarantees we will be here for another 37 years to service our systems and stand behind our warranties. It is no accident that so many solar companies have come and gone, while Excel Solar, Inc. is still here.

 

C. Russell Moutsatsos

President of Excel Solar, Inc.

State Certified Solar Contractor (License #CVC56933)

Solar Tax Credits

The federal solar tax credit, known as the ITC (Investment Tax Credit), was initially established by the “Energy Policy Act of 2005.” This gave homeowners across the country the opportunity to invest in an energy-saving solar system and get a federal tax credit of 30% of the purchase price. The credit was needed due to the high cost of solar equipment, specifically, solar photovoltaic panels. With other incentives available to manufacturers, cheaper raw materials, and competition, the price of photovoltaic panels has decreased in the past decade. These lower prices have lessened the need for subsidies. For example, we (Excel Solar) were selling photovoltaic systems (solar electric) for about $10 per watt just fifteen years ago. However, today, our price is near $3 per watt, installed!

Now, the federal solar tax credit is being phased out. 2019 was the last year for the 30% tax credit. This year, 2020, the credit is reduced to 26% and, in 2021, the credit will be reduced again to 22%. This will be the end of the residential tax credit. By 2022, a 10% federal tax credit will continue for commercial buildings only.

There is still plenty of time for homeowners to take advantage of this government program. However, they should start shopping now. Of course, Excel Solar offers free, no-hassle estimates for all your solar needs. Maybe it’s finally time to take control of your FPL bill?

Please review Instructions for Form 5695 to learn more.

C. Russell Moutsatsos
President of Excel Solar, Inc.
State Certified Solar Contractor (License #CVC56933)

Florida Renewable Energy Statute 163.04

I have heard it a thousand times: “Our HOA won’t allow us to have solar.” It is true that HOAs would love to dictate your rooftop solar; however, Florida has a renewable energy statute that will probably allow you to have your solar panels in the most efficient placement (positioning) on your roof, in spite of your HOA rules. This does not mean you can stick your finger in the eye of the HOA, but it does mean you have a legal right to produce renewable energy.
You must still submit requests and drawings to your review board but that is where the law will dictate your HOA’s limits. The statute is written to protect your rights to produce renewable solar energy in the form of photovoltaic, pool heating, water heating, and even a clothesline (solar clothes dryer). Excel Solar is always happy to help with the process.
 
Please review Florida Statute Section 163.04 to learn more.
 
C. Russell Moutsatsos
President of Excel Solar, Inc.
State Certified Solar Contractor (License #CVC56933)

January 2020

Now is a good time to make preparations for the 2020 hurricane season that starts in June. An inspection of your solar installation will bring peace of mind.

 

The Excel Solar Team



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Excel Solar, Inc. 

Serving all of Brevard and Indian River Counties: Melbourne, West Melbourne, Melbourne Beach, Palm Bay, Indialantic, Indian Harbour Beach, Satellite Beach, Cocoa Beach, Cape Canaveral, Merritt Island, Titusville, Mims, Cocoa, Rockledge, Viera, Suntree, Grant-Valkaria, Malabar, Micco, Sebastian, Wabasso, Vero Beach, Fellsmere.

 



Phone:

(321) 626-6630
(772) 222-0015

 

340 Stan Drive, Unit 101

Melbourne, FL  32904

 


Email: office@excelsolarinc.com

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