Florida Solar Rebate Incentive Program
It is only logical that the solar industry have a strong presence in a state called the Sunshine State. Florida is known for its strong sun and beautiful coastline. Since the 2006 Florida Renewable Energy Act (and other pieces of legislation since), Florida has moved to increase energy efficiency statewide.
Included in this legislation is the Solar Energy Systems Incentives program. This program, geared towards residential and commercial properties, provides financial incentive for installing PV solar and solar thermal systems.
Solar photovoltaic systems are eligible for a $4/watt rebate, up to $20,000 for homes and $100,000 for businesses. The average home PV system is 2-4kW, so that would mean $8,000-$16,000 in state rebate.
Solar thermal systems are eligible for a $500 residential rebate or $15/BTU, capped at $5,000 for businesses. Rebates of $100 are also available for solar thermal pool heater installation.
The exact funding source of this program is not always clear and is always being threatened. It is important to act quickly if you would like to receive the rebate and to find an installer who can help you apply for the rebate prior to doing the installation.
In addition, Florida utilities (state and privately owned) are required to offer Net Metering to customers who produce their own energy. This means that if you produce more energy than you use, you receive credits which can be used toward future energy bills.
Keep in mind that you won't pay any property tax on the system and that you will receive an additional federal tax credit up to 30% of the cost of the total installation come next April.