Information on solar energy rebates, tax breaks, and other incentives available in Florida.
Florida Tax Incentives
Florida has recently enacted legislation to promote the adoption of renewable energy. Full details on solar energy provisions are offered by Florida's Department of Environmental Protection.
Renewable Energy Equipment Sales Tax Exemption
Eligible:
Solar water heat, solar space heat, photovoltaics, solar pool heat, (and other renewable-energy technologies) for commercial and residential sectors
Amount:
100% exemption
Other info:
Tax exemption has no set expiration date for solar technologies (all other technologies may face repeal of the exemption beginning 7/1/2010)
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Corporate Tax Credit
Eligible:
Solar thermal electric, photovoltaics (plus wind, biomass, hydroelectric and geothermal) for the commercial sector
Amount:
$0.01 credit per kWh produced from 2007 through the middle of 2010
Other info:
Unused credit may be carried forward to subsequent tax year, not to exceed five years
Full details on solar energy provisions are offered by Florida's Department of Environmental Protection.
Tax Incentives Rebates Grants and Loans