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Solar Tax Credits, Incentives and Solar Rebates in Florida Latest Update: by



by Simone Garneau

Solar Energy Outlook

Summary Data for FL State Capital Tallahassee 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.

Currently, Florida has 13 financial incentive programs and 13 regulatory programs supporting the adoption of solar energy. Unfortunately, Florida does not offer a state income tax credit.

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.

List of Solar PV Incentive Programs in Florida

Financial Incentives

Regulatory Policies

Methodology Notes

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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Written by Simone Simone Garneau is the co-founder of Sunmetrix, an online consumer education website for residential solar energy. The goal of Sunmetrix is to help homeowners go solar and save money. In addition to the 200+ articles about solar energy, Sunmetrix offers homeowners two other great resources: a Consumer Report for solar energy, and Discover , to preview solar energy for your home.

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Sunmetrix is a Canadian winner of the business innovation contest organized by the U.S. Department of Energy