Solar Power Florida Rebates
The amount is 4 00 per watt with a cap of 20 000 for residential photovoltaic systems and a 100 000 cap for commercial publicly owned or private not for profit photovoltaic systems.
Solar power florida rebates. Go solar with florida solar incentives and rebates did you know that sunny florida ranks 3rd in the united states for solar potential but only 14th in terms of rooftop solar installed. This puts an average 6 kw solar system at 16 200 before claiming any incentives. Solar power prices savings and payback in your part of florida. Under the law they must credit customers for net excess generation in a month.
While abundant sun is one of the best reasons to go solar in the sunshine state 1 it s also a good idea to learn about the other florida solar programs available to you. We need to do something about that. While that s a lot of money this is rarely the amount you ll actually pay after all incentives are factored in. Florida power and light offers a solar rebate and all of the utilities governed by the state utilities commission offer net metering.
The average cost for an installed residential solar system in florida is currently 10 718 after claiming the 26 federal solar tax credit. The tax break reduces. Many solar companies and local bodies in florida also offer financial incentives for those wishing to make the switch to solar. The average cost of solar power in florida is 2 70 watt as of january the lowest cost in the entire country.
Sw washington dc 20585. Solar rebates and tax credit in florida. Please visit the database of state incentives for renewables efficiency website dsire for the latest state and federal incentives and rebates. Solar power production in the state is predicted to increase almost tenfold over the next decade so hurry to enjoy your share of financial incentives while these are still available.
Thanks net energy metering tax exemptions and the federal solar tax credit owning a solar system and battery storage can help you gain energy independence and peace of mind. Solar energy system rebates are issued by the commission pursuant to sections 377 801 377 806 florida statutes and chapter 27n 1 florida administrative code contingent upon an annual appropriation by the legislature of the state of florida for the specific purpose of funding solar rebates. The rebate is based on the manufacturer s power output rating of the modules. An average sized residential solar system about 400 square feet of solar panels costs 18 000 according to the solar energy industries association an industry group.