There is a reason why Florida is dubbed the “Sunshine State.” With so many sunny days each year, it only makes sense to take advantage of the beautiful sun! With net metering, you can earn credits for extra power you don’t use during the month. Imagine your utility company paying you, instead of you paying them!

Florida’s net metering programs mean that residential solar homeowners earn credits from participating utility companies for kilowatt-hours of electricity they supply to the grid. These credits build up over the course of 12 months, eventually resulting in direct payments from the utilities. Florida also offers a property tax exemption, which prevents you from paying property taxes on the added home value from your solar system. The sales tax exemption also makes sure you don’t have to pay sales tax on your new system. 

Florida homeowners are also eligible for the Solar Investment Tax Credit (ITC).*** The ITC allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes.