When you buy solar panels for your home you receive a 26 federal tax credit plus an additional 5 in savings on us.
Free solar panels for home florida.
But wait that s not all the free solar panels installed on your home are warrantied monitored and maintained by your solar service provider again at no charge to you for as long as 25 years.
Unfortunately getting setup with free solar panels in florida is a little harder than some states.
Florida solar air designs solar panels systems that are in compliance with all federal reporting regulations in order to take complete advantage of this tax program.
Normally when you build an addition or otherwise add value to your house your property tax bills shoot up.
But wait that s not all not only can you get solar panels installed for free you also get dramatically reduced monthly electricity bills with fixed rates for as long as 25 years.
Alongside the utility savings this is a great selling point when listing your home on the real estate market.
Despite the substantial cost to install solar power in florida your property and the resulting boost to your home s selling price you will be exempt from paying taxes on the value added to your home.
Due to the steep upfront costs of around 32 000 in cash only those upper income families can afford to install solar arrays.
If you re interested for solar panels for home use florida is a fine place for it.
You can actually get solar panels installed on your home at absolutely no charge to you.
However even though sun run and solar city aren t setup to do business here there are companies that will still offer you an option to get setup with solar power with no money down.
Not so with solar.
Florida launches no upfront cost solar program for middle class homeowners florida is one of the best states in the country if you want to go solar but only if you re rich enough.
Florida is a little behind the times when it comes to solar power and green energy.
The bottom line is there might be a free solar panel scam lurking out there but it isn t coming from any reputable solar company like ours.
Altier told us that floridians who have solar panels on their homes can use energy from the sun.
Solar panels increase the value of your home.
Your panels will pay back their cost in a little over a decade and provide you with many years of free electricity after.
Thanks to florida s property tax exclusion for residential renewable energy property your solar system will not result in any additional costs on tax day.
If there was any state that you would think would be embracing solar power this would be it.
We asked patrick altier owner of the florida based energy company solar trek to explain further.
Just be wary of lease offers and stick with low interest financing or a cash investment.
But the catch is that they require you to enter into a solar lease or power purchasing agreement ppa.
Florida power light fpl property tax exemption.