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EcoWatch is a community of experts publishing quality, science-based content on environmental issues, causes, and solutions for a healthier planet and life.
U.S. Energy Secretary Samuel Bodman and National Petroleum Council Chair Lee Raymond attend the 118th meeting of the NPC on Sept. 17, 2008 in Washington, DC. Raymond was the chief executive officer and chairman of ExxonMobil from 1999 to 2005 and his retirement package was worth about $400 million, the largest in history for a U.S. public company. Chip Somodevilla / Getty Images

Lee Raymond, former ExxonMobil CEO, will resign from the JPMorgan board of directors at the end of the year.

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EcoWatch Daily Newsletter
Sen. Joe Manchin (D-WV) leaves the U.S. Capitol following a vote on Aug. 3, 2021 in Washington, DC. Kevin Dietsch / Getty Images
Climate change is driving increasing flooding in West Virginia, overwhelming aging infrastructure and dumping raw sewage into waterways, The New York Times reports, and West Virginians will suffer disproportionately as climate change continues to worsen.
Read More Show Less
2022 Florida Solar Tax Credits, Incentives & Rebates

See how you can save money on solar panels in Florida.

Reviews
Pitsanu Prom-or / iStock / Getty Images

Florida is well-known as the Sunshine State because of its year-round sunny weather that draws millions of tourists each year, but historically, Florida hasn't actually been a national leader when it comes to solar energy generation. That said, financial incentives like Florida solar tax credit and rebate opportunities have played a huge part in its rise to become one of the top states for solar energy.

To the glee of clean energy advocates across the state, various Florida solar incentives have succeeded in bringing solar power throughout the state. According to the Solar Energy Industries Association, in 2020, Florida ranked third in the nation for solar energy capacity, and it had the second-most installations during the second quarter of 2021.

This progress in the solar field comes from many different sources, not the least of which is Florida solar incentives. For any homes or businesses feeling left behind while the rest of the state goes solar, these types of solar tax credits are still widely available across Florida, which will be discussed in this article.

For most homeowners, the decision to go solar comes down to cost. To see how much you'd pay for a home solar system (and how much you can shave off that price with Florida solar tax credit and incentive opportunities), you can get a free quote from a top solar company near you by using this tool or filling out the form below.

Florida Solar Tax Credits and Solar Rebates

As much as transitioning to clean energy is the best thing for the environment and the fight against climate change, the reality has always been that such changes would be slow to happen (if they happened at all) unless they made sense financially. When solar energy systems are proven to save money for those who pay the high upfront costs to install them, those purchases are better considered a worthy investment.

As such, some of the most effective policies encouraging solar installations have been those making the decision a no-brainer from the budgetary perspective. Let's take a look at some of the top Florida solar incentives.

Florida Solar Incentive Program Overview
Florida Net Metering Programs Credits homeowners when their solar panels produce extra electricity and it is exported to the local power grid
Florida Tax Exemptions Property tax exemptions and sales tax exemptions for solar and other renewable energy equipment
Local Incentives Incentives, rebates and low-interest financing programs at the town, city, and county level that encourage local solar installations

Florida Net Metering Programs

Regardless of the state, one of the most critical types of energy policy for solar panels is known as net metering. Through net metering, homeowners can feed excess electricity produced by their solar panels into the power grid in exchange for utility credits. These credits can be used to pay for the energy a home uses when panels aren't producing (such as at night).

Net metering tends to be a state-by-state policy, as there is no federal policy regarding net metering. Florida is one of the states where there is, in fact, a statewide net metering program, applicable for homeowners regardless of which utility serves their area.

The specific net metering provision covers up to 2 megawatts (MW) of capacity for any customers who generate electricity with a renewable energy source. Florida Power & Light and Duke Energy have the largest net metering programs in the state.

The availability of such net metering serves as an incentive for Floridians to install solar panels on their property. Not only do they benefit by reducing their power bills from pulling energy from the grid less often, but they can even profit when the utility pays them for generating more power than they consume, bringing their solar payback period down.

Florida Solar Tax Exemptions

Another financial mechanism that the Florida state government offers to solar system owners is solar tax exemptions. To start, Florida doesn't want to make the upfront cost to purchase and install solar equipment to be any higher than the open market says it should be, so since 1997, all solar energy systems have been completely exempt from Florida's sales and use tax.

Once a solar photovoltaic system is purchased and installed, there is a statewide property tax abatement that further helps homeowners avoid paying taxes on it. Most home additions, such as a new shed or outdoor patio built in a home's backyard, would be appraised to determine the value it added to the property and thus increase the overall property tax. However, the added home value of solar panels is excluded from the property's taxable value.

Local Incentives

Florida is also a large, diverse state, so in addition to the state solar incentives, many local jurisdictions enact their own policies to encourage and support installation of solar energy systems. At the town, city or county level, Floridians will commonly find low-interesting solar financing options, specific solar incentives or rebates, and more.

You can determine whether your locality offers such incentives by investigating your local government websites or talking to utility company representatives. When you do, you may come across such successful programs as Jacksonville's $2,000 rebate for solar battery installations, Boynton Beach's Energy Edge Rebate Program, or the Solar Energy Rebate Grant Program offered by Dunedin.

Federal Solar Tax Credit

Floridians, of course, can also benefit from all the tax incentives, rebates and credits that are offered at the federal level. Over the past two decades, the federal solar investment tax credit (ITC) has attributed largely to the rapid growth in solar energy across business sectors, geographies and customer types.

For systems installed and operational before the end of 2022, the federal solar tax credit is equal to 26% of the value of the installation, dropping to 22% for systems installed in 2023. It is currently set to expire afterward, though the idea of extending the ITC beyond its current expiration date, as has been done in the past, has been a part of active clean energy policy debates.

FAQ: Florida Solar Incentives

Does Florida have a solar tax credit?

State-wide, there is no specific Florida solar tax credit. However, all utilities in the state of Florida do offer customers the ability to utilize net metering, Florida solar homeowners are eligible for the federal solar tax credit, and some local jurisdictions in Florida may offer their own tax credits.

Is solar tax exempt in Florida?

In Florida, the purchase and installation of a home solar system is exempt from all sales tax, and the value of renewable systems are excluded from 100% of residential property taxes.

How much is the solar tax credit for 2022?

For any solar panel system installed before the end of 2022, the federal solar investment tax credit is equal to 26% of the value of the system.

Is Florida a good state for solar?

Florida is a great state for solar from the perspective of having year-round sunny weather, higher-than-average solar irradiance and a policy landscape conducive to solar installations. Because of these factors, Florida ranked third among all states in terms of solar capacity installed in 2020 (rising to second when looking at the third quarter of 2021), per the SEIA.

How much do solar panels cost in Florida?

Based on market research and data from top solar companies, we've found the average cost of solar panels in Florida is $2.53 per watt. However, this is only an average, and prices can vary widely depending on where you live, the number of solar panels you need and more.

To get a free estimate for your own home solar system, you can get connected with a pre-screened local installer by using this tool or entering your home's information below.

Keith McCoy, a senior director in ExxonMobil's Washington, DC government affairs team, was secretly recorded by Unearthed, Greenpeace UK's investigative journalism arm. Screenshot / Unearthed via Channel 4 News

By Jessica Corbett

While ExxonMobil's decades of sowing public doubt about climate science and the impact of fossil fuels have provoked various lawsuits, secretly recorded videos released Wednesday expose how the company continues to fight against U.S. efforts to tackle the climate emergency.

Read More Show Less
Trending
Oil sheen is seen with vessels assisting near the source of the BP Deepwater Horizon oil spill on July 18, 2010 in the Gulf of Mexico off the coast of Louisiana. Mario Tama / Getty Images

By Chris McGreal

After a century of wielding extraordinary economic and political power, America's petroleum giants face a reckoning for driving the greatest existential threat of our lifetimes.

An unprecedented wave of lawsuits, filed by cities and states across the US, aim to hold the oil and gas industry to account for the environmental devastation caused by fossil fuels – and covering up what they knew along the way.

Read More Show Less
A Maxar Satellite image shows the FSO Safer tanker moored in the Red Sea off Yemen on June 17, 2020. Satellite image (c) 2020 Maxar Technologies / Getty Images

By Andrea Germanos

A team of scientists issued a stark warning Tuesday that the possibility of averting an oil spill bigger than the 1989 Exxon Valdez catastrophe and "disastrous environmental and humanitarian consequences" posed by an abandoned oil tanker in the Red Sea are "quickly disappearing."

Read More Show Less
Forest fires broke out in Manavgat district of Antalya, Turkey, on Aug. 1, 2021. Mustafa Ciftci / Anadolu Agency via Getty Images

In recent days, now-houseless survivors of Oregon's Bootleg Fire surveyed their incinerated communities, dozens huddled in a Colorado tunnel seeking shelter from a mudslide, and across the Eastern Hemisphere fires and landslides forced evacuations and took lives.

Read More Show Less
Climate activists protest against Exxon Mobil outside the New York State Supreme Court building on Oct. 22, 2019 in New York City. ANGELA WEISS / AFP via Getty Images

By Kenny Stancil

In a historic rebuke of fossil fuel giant ExxonMobil, shareholders on Wednesday voted to elect at least two people to the company's board of directors who were backed by activist investors eager to accelerate the transition to clean energy.

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Trending
Exxon Mobil Refinery is seen from the top of the Louisiana State Capitol in Baton Rouge, Louisiana on March 5, 2017. WClarke / Wikimedia Commons / CC by 4.0

Exxon Mobil will lay off an estimated 14,000 workers, about 15% of its global workforce, including 1,900 workers in the U.S., the company announced Thursday.

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Oil refinery owned by ExxonMobil on Feb. 28, 2020 in Baton Rouge, Louisiana. Barry Lewis / InPictures via Getty Images

ExxonMobil plans to increase its annual carbon-dioxide pollution by more than 20 million tons per year over the next five years, Bloomberg reports.

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Trending
L: Owner Robert Kraft of the New England Patriots at Gillette Stadium on November 15, 2020 in Foxborough, Massachusetts. Billie Weiss /Getty Images R: The New-Indy Containerboard paper mill in Catawba, South Carolina. WFAE / Google Maps
In less than a year, a South Carolina paper mill has become one of the dirtiest polluters in the United States.
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A New Yorker attempts to wade through a flooded subway station in Manhattan on July 8, 2021. @PaulleeWR / Twitter Screengrab

By Jake Johnson

Footage of New Yorkers struggling to wade through filthy, waist-deep water at a Manhattan subway station as heavy rainfall engulfed the city's aging and long-neglected infrastructure on Thursday added fuel to progressive demands for a robust federal spending package that confronts the climate crisis — which is making such extreme weather more frequent and destructive.

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Emergency workers spent five hours putting out a blaze in the Gulf of Mexico Friday after an underwater pipeline run by Mexico's state-owned oil company burst. screenshot / azfamily

By Julia Conley

A fire that raged for hours in the Gulf of Mexico Friday offered the latest illustration of the climate emergency and the urgent need to end fossil fuel extraction and invest instead in burgeoning renewable energy industries.

An underwater gas pipeline controlled by Mexico's state-owned oil company, Petroleos Mexicanos, also known as Pemex, burst in the early morning hours, sending flames "resembling molten lava" to the water's surface.

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EcoWatch is a community of experts publishing quality, science-based content on environmental issues, causes, and solutions for a healthier planet and life.
U.S. Energy Secretary Samuel Bodman and National Petroleum Council Chair Lee Raymond attend the 118th meeting of the NPC on Sept. 17, 2008 in Washington, DC. Raymond was the chief executive officer and chairman of ExxonMobil from 1999 to 2005 and his retirement package was worth about $400 million, the largest in history for a U.S. public company. Chip Somodevilla / Getty Images

Lee Raymond, former ExxonMobil CEO, will resign from the JPMorgan board of directors at the end of the year.

Read More Show Less
EcoWatch Daily Newsletter
Sen. Joe Manchin (D-WV) leaves the U.S. Capitol following a vote on Aug. 3, 2021 in Washington, DC. Kevin Dietsch / Getty Images
Climate change is driving increasing flooding in West Virginia, overwhelming aging infrastructure and dumping raw sewage into waterways, The New York Times reports, and West Virginians will suffer disproportionately as climate change continues to worsen.
Read More Show Less
2022 Florida Solar Tax Credits, Incentives & Rebates

See how you can save money on solar panels in Florida.

Reviews
Pitsanu Prom-or / iStock / Getty Images

Florida is well-known as the Sunshine State because of its year-round sunny weather that draws millions of tourists each year, but historically, Florida hasn't actually been a national leader when it comes to solar energy generation. That said, financial incentives like Florida solar tax credit and rebate opportunities have played a huge part in its rise to become one of the top states for solar energy.

To the glee of clean energy advocates across the state, various Florida solar incentives have succeeded in bringing solar power throughout the state. According to the Solar Energy Industries Association, in 2020, Florida ranked third in the nation for solar energy capacity, and it had the second-most installations during the second quarter of 2021.

This progress in the solar field comes from many different sources, not the least of which is Florida solar incentives. For any homes or businesses feeling left behind while the rest of the state goes solar, these types of solar tax credits are still widely available across Florida, which will be discussed in this article.

For most homeowners, the decision to go solar comes down to cost. To see how much you'd pay for a home solar system (and how much you can shave off that price with Florida solar tax credit and incentive opportunities), you can get a free quote from a top solar company near you by using this tool or filling out the form below.

Florida Solar Tax Credits and Solar Rebates

As much as transitioning to clean energy is the best thing for the environment and the fight against climate change, the reality has always been that such changes would be slow to happen (if they happened at all) unless they made sense financially. When solar energy systems are proven to save money for those who pay the high upfront costs to install them, those purchases are better considered a worthy investment.

As such, some of the most effective policies encouraging solar installations have been those making the decision a no-brainer from the budgetary perspective. Let's take a look at some of the top Florida solar incentives.

Florida Solar Incentive Program Overview
Florida Net Metering Programs Credits homeowners when their solar panels produce extra electricity and it is exported to the local power grid
Florida Tax Exemptions Property tax exemptions and sales tax exemptions for solar and other renewable energy equipment
Local Incentives Incentives, rebates and low-interest financing programs at the town, city, and county level that encourage local solar installations

Florida Net Metering Programs

Regardless of the state, one of the most critical types of energy policy for solar panels is known as net metering. Through net metering, homeowners can feed excess electricity produced by their solar panels into the power grid in exchange for utility credits. These credits can be used to pay for the energy a home uses when panels aren't producing (such as at night).

Net metering tends to be a state-by-state policy, as there is no federal policy regarding net metering. Florida is one of the states where there is, in fact, a statewide net metering program, applicable for homeowners regardless of which utility serves their area.

The specific net metering provision covers up to 2 megawatts (MW) of capacity for any customers who generate electricity with a renewable energy source. Florida Power & Light and Duke Energy have the largest net metering programs in the state.

The availability of such net metering serves as an incentive for Floridians to install solar panels on their property. Not only do they benefit by reducing their power bills from pulling energy from the grid less often, but they can even profit when the utility pays them for generating more power than they consume, bringing their solar payback period down.

Florida Solar Tax Exemptions

Another financial mechanism that the Florida state government offers to solar system owners is solar tax exemptions. To start, Florida doesn't want to make the upfront cost to purchase and install solar equipment to be any higher than the open market says it should be, so since 1997, all solar energy systems have been completely exempt from Florida's sales and use tax.

Once a solar photovoltaic system is purchased and installed, there is a statewide property tax abatement that further helps homeowners avoid paying taxes on it. Most home additions, such as a new shed or outdoor patio built in a home's backyard, would be appraised to determine the value it added to the property and thus increase the overall property tax. However, the added home value of solar panels is excluded from the property's taxable value.

Local Incentives

Florida is also a large, diverse state, so in addition to the state solar incentives, many local jurisdictions enact their own policies to encourage and support installation of solar energy systems. At the town, city or county level, Floridians will commonly find low-interesting solar financing options, specific solar incentives or rebates, and more.

You can determine whether your locality offers such incentives by investigating your local government websites or talking to utility company representatives. When you do, you may come across such successful programs as Jacksonville's $2,000 rebate for solar battery installations, Boynton Beach's Energy Edge Rebate Program, or the Solar Energy Rebate Grant Program offered by Dunedin.

Federal Solar Tax Credit

Floridians, of course, can also benefit from all the tax incentives, rebates and credits that are offered at the federal level. Over the past two decades, the federal solar investment tax credit (ITC) has attributed largely to the rapid growth in solar energy across business sectors, geographies and customer types.

For systems installed and operational before the end of 2022, the federal solar tax credit is equal to 26% of the value of the installation, dropping to 22% for systems installed in 2023. It is currently set to expire afterward, though the idea of extending the ITC beyond its current expiration date, as has been done in the past, has been a part of active clean energy policy debates.

FAQ: Florida Solar Incentives

Does Florida have a solar tax credit?

State-wide, there is no specific Florida solar tax credit. However, all utilities in the state of Florida do offer customers the ability to utilize net metering, Florida solar homeowners are eligible for the federal solar tax credit, and some local jurisdictions in Florida may offer their own tax credits.

Is solar tax exempt in Florida?

In Florida, the purchase and installation of a home solar system is exempt from all sales tax, and the value of renewable systems are excluded from 100% of residential property taxes.

How much is the solar tax credit for 2022?

For any solar panel system installed before the end of 2022, the federal solar investment tax credit is equal to 26% of the value of the system.

Is Florida a good state for solar?

Florida is a great state for solar from the perspective of having year-round sunny weather, higher-than-average solar irradiance and a policy landscape conducive to solar installations. Because of these factors, Florida ranked third among all states in terms of solar capacity installed in 2020 (rising to second when looking at the third quarter of 2021), per the SEIA.

How much do solar panels cost in Florida?

Based on market research and data from top solar companies, we've found the average cost of solar panels in Florida is $2.53 per watt. However, this is only an average, and prices can vary widely depending on where you live, the number of solar panels you need and more.

To get a free estimate for your own home solar system, you can get connected with a pre-screened local installer by using this tool or entering your home's information below.

Keith McCoy, a senior director in ExxonMobil's Washington, DC government affairs team, was secretly recorded by Unearthed, Greenpeace UK's investigative journalism arm. Screenshot / Unearthed via Channel 4 News

By Jessica Corbett

While ExxonMobil's decades of sowing public doubt about climate science and the impact of fossil fuels have provoked various lawsuits, secretly recorded videos released Wednesday expose how the company continues to fight against U.S. efforts to tackle the climate emergency.

Read More Show Less
Trending
Oil sheen is seen with vessels assisting near the source of the BP Deepwater Horizon oil spill on July 18, 2010 in the Gulf of Mexico off the coast of Louisiana. Mario Tama / Getty Images

By Chris McGreal

After a century of wielding extraordinary economic and political power, America's petroleum giants face a reckoning for driving the greatest existential threat of our lifetimes.

An unprecedented wave of lawsuits, filed by cities and states across the US, aim to hold the oil and gas industry to account for the environmental devastation caused by fossil fuels – and covering up what they knew along the way.

Read More Show Less
A Maxar Satellite image shows the FSO Safer tanker moored in the Red Sea off Yemen on June 17, 2020. Satellite image (c) 2020 Maxar Technologies / Getty Images

By Andrea Germanos

A team of scientists issued a stark warning Tuesday that the possibility of averting an oil spill bigger than the 1989 Exxon Valdez catastrophe and "disastrous environmental and humanitarian consequences" posed by an abandoned oil tanker in the Red Sea are "quickly disappearing."

Read More Show Less
Forest fires broke out in Manavgat district of Antalya, Turkey, on Aug. 1, 2021. Mustafa Ciftci / Anadolu Agency via Getty Images

In recent days, now-houseless survivors of Oregon's Bootleg Fire surveyed their incinerated communities, dozens huddled in a Colorado tunnel seeking shelter from a mudslide, and across the Eastern Hemisphere fires and landslides forced evacuations and took lives.