GOING SOLAR IN THE SUNSHINE STATE
Why go solar in Florida
There is a reason why Florida is dubbed the “Sunshine State.” With so many sunny days each year, it only makes sense to take advantage of the beautiful sun! With net metering, you can earn credits for extra power you don’t use during the month. Imagine your utility company paying you, instead of you paying them!
Solar incentives in Florida*
Florida’s net metering programs mean that residential solar homeowners earn credits from participating utility companies for kilowatt-hours of electricity they supply to the grid. These credits build up over the course of 12 months, eventually resulting in direct payments from the utilities. Florida also offers a property tax exemption, which prevents you from paying property taxes on the added home value from your solar system. The sales tax exemption also makes sure you don’t have to pay sales tax on your new system.
Florida homeowners are also eligible for the Solar Investment Tax Credit (ITC).*** The ITC allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes.
Solar panels perform in all kinds of weather
Going solar is a big decision, and although there are many factors you should consider, local weather shouldn’t be a deterrent. Solar panels are designed to work in almost any type of weather… even snow and clouds!
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*This information is current as of May 5, 2021 and figures are approximated. Customers are encouraged to check with their local utility providers for the most up to date and accurate information.
**We advise you to consult with the appropriate professionals (including, but not limited to, your solicitor or attorney, accountant, CPA, CGA, or any other financial or legal advisor) for the implications of any information contained in our website and in any link you access through our website.
***You should contact a qualified tax expert and consult with them. Neither Freedom Forever’s family of independent authorized dealers nor Freedom Forever itself can give you tax advice. A qualified tax professional will understand your situation and be able to give you the most relevant advice.