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RESIDENTIAL SOLAR POWER FLORIDA INCENTIVES AND REBATES

There’s no better time than the present to consider a residential solar energy system Florida. New laws have been implemented that offer rebates and incentives on owning solar panels which are contributing to steady decreases in prices @ https://bit.ly/2PLfJkz

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RESIDENTIAL SOLAR POWER FLORIDA INCENTIVES AND REBATES

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  1. RESIDENTIAL SOLAR POWER FLORIDA INCENTIVES AND REBATES

  2. There’s no better time than the present to consider a residential solar energy system Florida. New laws have been implemented that offer rebates and incentives on owning solar panels which are contributing to steady decreases in prices. • This guide will provide you a summary of Florida solar power incentives and rebates.

  3. If you’re thinking about purchasing your solar panel system outright, you can opt for the 30% Federal Tax Credit or ITC. This particular incentive enables homeowners get a 30% tax credit based on the cost of their solar power system. An average solar system of 5kW can cost up to $16,250. With the ITC, the cost drops significantly to $11,375. • Other state-run incentives which can maximize solar return on investments include the Florida Property Tax Exemption for residential renewable energy properties and Florida Solar and CHP sales tax exemption. Investment Tax Credit (ITC)

  4. When you install a solar system on your property in Florida, it can increase the property assessment value as well, consequently raising your property taxes. The PACE financing program enables homeowners to pay back their solar loans via payment of additional property taxes. Property Assessed Clean Energy (PACE)

  5. This a second solar incentive for residents in Florida. It provides an exemption from paying sales and use tax on solar panel systems. Florida’s sales tax rate is 6% which would add a further $975 on a $16,250 solar system. In addition, there are no further taxes levied on the use of your system. These exemptions can help consumers save thousands of dollars over time. Florida Solar & CHP Sales Tax Exemption

  6. The option of taking out a loan to purchase your own solar system was only recently made possible. There are several benefits of opting for a solar loan such as no down payments, low loan payments and you can still qualify for the 30% ITC credit. The loan payments are lower than how you pay for your utility bill. You simply need to remain consistent in loan repayments which will enable you to save thousands of dollar in the long run. Florida Solar Loans

  7. Leasing a solar panel system in Florida is slightly different than in the other states. Power purchase agreements, which enable a solar or utility company to own your solar system and sell you back the electricity at a cheaper rate, is not allowed in Florida. In the model adopted by the sunshine state, customers must pay a monthly lease-fee to use their panels and the solar electricity produced by them. They’re also required to pay a monthly electric bill as well as the lease payment. This is usually a small amount. The savings are equal to electricity bill savings subtracted by lease payment. Florida Solar Leasing

  8. By opting for a residential solar power Florida system, you can take advantage of significant savings as well help the environment. To learn more about solar incentives and rebates or to get started with your solar panel system, contact PROPERTY SOLUTIONS FL.

  9. Contact Us: Contact No.: 1-800-511-0184 Email: info@propertysolutionsfl.com Address: 12268 NW 106 Court, Medley, FL, 33178 Website:http://www.propertysolutionsfl.com/solar-systems/

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