SunPower published a stronger than expected set of Q1 2018 results on Tuesday, driven by strength in its commercial and residential solar operations, although this was partially offset by some headwin…Read More
Tax Incentives For Solar Panel Systems
Mirasol FAFCO Solar will handle all the incentive and utility application paperwork regarding your new solar energy panel purchase, and you will receive the incentives directly from the state.
A solar water heater can cut a family’s water-heating costs by up to 85 percent.
Applicants must be current account holders of the premise where the solar photovoltaic system is being installed.
According to the Florida Solar Energy Center (FSEC), a solar water heater can cut a business’ water heating costs by 50 to 85 percent, while demonstrating your commitment to a cleaner environment.As part of a five-year pilot program authorized by the Florida Public Service Commission, FPL is offering business customers a rebate of up to $50,000 per site for installing new solar water heating systems. Customers with multiple locations can receive up to $150,000 per funding year. The rebate is available to all existing business customers with electric or gas water heating.
As part of a five-year pilot program authorized by the Florida Public Service Commission, this program is available to all existing FPL business customers. Each premise is eligible for one rebate for the duration of the program. The rebates are not available for new construction or PV systems that are already installed. Applicants must be current account holders of the premise where the solar photovoltaic system is being installed.
The American Recovery and Reinvestment Act of 2009 extended many consumer tax incentives originally introduced in the Energy Policy Act of 2005 (EPACT). Residences, businesses, utilities, and governments are eligible for tax credits. Consumers who install solar energy systems, including solar water heating and solar electric systems, can receive a 30 percent tax credit for systems placed in service before December 31, 2016; the previous tax credit cap no longer applies.
Solar PV Systems and Solar Water Heating Systems – 30% Rebate
Again there are many other Federal programs that are available and that can be found at DSIRE – Database of State Incentives for Renewable Energy
Having trouble sorting through all the tax incentive information?
Have questions on if your purchase would apply?