Florida To Give Solar Panels To Home Owners

We asked patrick altier owner of the florida based energy company solar trek to explain further.

Florida to give solar panels to home owners. The florida solar rights act it is easy and convenient for homeowners to install their own panels and maximize the free and clean energy from the sun. And with the federal solar tax credit continuing to decrease in size next year 2020 is a great time to choose solar panels for your home. More than that the average price of solar energy in florida is also much lower than the national average. 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.

But switching to solar power is an expensive investment and one that can cost homeowners as much as 30 000. Altier told us that floridians who have solar panels on their homes can use energy from the sun. Due to the steep upfront costs of around 32 000 in cash only those upper income families can afford to install solar arrays. 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.

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