Florida To Give Solar Panels To Home Owners

The sunshine state has seen a recent boom in solar panel installations as more homeowners become aware of the huge savings solar energy offers.

Florida to give solar panels to home owners.

This generous rebate effectively knocks off 26 percent of the cost of your new solar energy system right off the bat as a credit on your income tax. Florida the sunshine state is the best place for solar energy thanks to solar panels florida law a k a. But switching to solar power is an expensive investment and one that can cost homeowners as much as 30 000. Due to the steep upfront costs of around 32 000 in cash only those upper income families can afford to install solar arrays.

The combination of federal incentives and utility programs alongside florida s property assessed clean energy pace program has made solar more affordable than ever before. Despite the middling grade homeowners who install solar panels in florida can see decent returns with nearly 40 000 in net savings over time. Altier told us that floridians who have solar panels on their homes can use energy from the sun. More than that the average price of solar energy in florida is also much lower than the national average.

In addition to florida s net metering policy and tax exemptions to encourage solar energy the federal government gives you another huge incentive known as the investment tax credit itc. Solar panels are a great way of harnessing the awesome power of the florida sun and the more and more homeowners are choosing to install them. We asked patrick altier owner of the florida based energy company solar trek to explain further.