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.

Solar power florida rebates.

The tax break reduces. This puts an average 6 kw solar system at 16 200 before claiming any incentives. Here s how it works. 2 not only does it offer electric companies a more sustainable source of power it gives you even more chances to save on your electricity bill.

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. 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. While that s a lot of money this is rarely the amount you ll actually pay after all incentives are factored in. We need to do something about that.

Many solar companies and local bodies in florida also offer financial incentives for those wishing to make the switch to solar. Florida power and light offers a solar rebate and all of the utilities governed by the state utilities commission offer net metering. Rebates can help to further reduce your system costs by 10 to 20 percent. Under the law they must credit customers for net excess generation in a month.

Net energy metering is one of florida s best solar programs. 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. If your home solar system produces more energy than you need your utility will buy that surplus energy from you and pay you in the form of. 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.

The rebate is based on the manufacturer s power output rating of the modules. The average cost of solar power in florida is 2 70 watt as of january the lowest cost in the entire country. However florida does offer some solar power financial incentives.