Solar Power Florida Rebates

Net energy metering is one of florida s best solar programs.

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. However florida does offer some solar power financial incentives. The tax break reduces. Rebates are generally available for a limited time and end once a certain amount of solar has been installed.

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. 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. Under the law they must credit customers for net excess generation in a month.

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. We need to do something about that. The rebate is based on the manufacturer s power output rating of the modules.

Florida power and light offers a solar rebate and all of the utilities governed by the state utilities commission offer net metering. This puts an average 6 kw solar system at 16 200 before claiming any incentives. While that s a lot of money this is rarely the amount you ll actually pay after all incentives are factored in. The program provided rebates of up to 25 000 per vehicle and 250 000 per applicant per fiscal year for up to 50 percent of the costs associated with the conversion purchase or lease of natural gas fleet vehicles registered in the state of florida.

Rebates can help to further reduce your system costs by 10 to 20 percent. Here s how it works. Solar renewable energy certificates srecs legislation in some states requires utilities to generate a certain percentage of their electricity from solar power.