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Solar Tax Credits, Incentives and Solar Rebates in Florida
Latest Update:by Simone Garneau
|Solar Value Index||$866|
|Solar Energy Produced||7,287 kWh / year|
|Average retail electricity price (as of December 2017)||11.89 cents / kWh|
|Average annual consumption per household (2015 data)||13,695 kWh|
|Levelized Cost of Solar Electricity||7.68 cents / kWh|
|Reached grid parity?||Yes|
The Sunshine State sounds like the perfect place for solar energy. However, the reality is very different. Florida runs on natural gas, and lots of it. After Texas, Florida is the second state in the U.S. (after Texas) in the share of natural gas in the electricity mix. Almost two thirds of the electricity supply comes from natural-gas fired turbines. Coal, nuclear energy and small amounts of renewables contribute the rest. But not all is lost when it comes to solar energy, as the state enjoys abundant sunshine and the existing solar incentives help to make solar power more affordable.
At 11.89 cents/ kWh, the electricity prices in the state are below the national average of 12.81 cents / kWh. When it comes to average electricity consumption per household, residents of this state consume 13,695 kWh per year, above the national average of 10,836 kWh.
Florida is a grid parity state, making solar power cheaper than the residential utility rates. Especially when used in combination with the 30% federal solar tax credit, the incentives listed below can significantly reduce the cost of installation of solar panels for your home or business.
- City of Lauderhill - Revolving Loan Program
- City of Longwood - Raising Energy Efficiency Rebate Program
- City of Tallahassee Utilities - Solar Loans
- Local Option - Special Districts
- Miami-Dade County - Expedited Green Buildings Process
- Miami-Dade County - Green Corridor Property Assessed Clean Energy District
- Miami-Dade County - Targeted Jobs Incentive Fund
- Orlando Utilities Commission - Residential Solar Loan Program
- Orlando Utilities Commission - Solar Programs
- Property Tax Exclusion for Residential Renewable Energy Property
- Renewable Energy Production Tax Credit
- Solar and CHP Sales Tax Exemption
- St. Lucie County - Solar and Energy Loan Fund (SELF)
- Broward County - Rooftop Solar System Permit Standard
- Broward County Online Solar Permitting
- City of Gainesville - Public Facilities Siting
- City of Jacksonville - Downtown Rooftop Regulations
- Energy Conservation in Public Buildings
- Hillsborough County - Solar and Wind Standards
- Interconnection Standards
- JEA - Clean Power Program
- Miami-Dade County - Solar System Permitting
- Net Metering
- Renewable Energy Easements & Rights Laws
- Solar Contractor Licensing
- Solar Equipment Certification
- Average electricity consumption data is from the U.S. Energy Information Administration.
- Average retail electricity price is from the Electric Power Monthly report of the U.S. Energy Information Administration.
- Solar Value Index is based on the analysis performed using our own solar energy calculator, Sunmetrix Discover.
- The estimated lifetime of solar panels is 25 years for the purposes of calculating the Levelized Cost of Electricity (LCOE).
- State incentives list is compiled from the Database of State Incentives for Renewables and Efficiency maintained by the N.C. State University.
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