Solar energy is highly regarded in Florida, known as the city of sunshine. Due to its geographical and climatic characteristics, net energy measurement, as well as tax exemptions, and federal solar tax, your investment in solar energy will return to you as soon as possible.
As tax deductions in Florida, you get about $ 15,000 with real estate tax exemption and up to 30% discounts on final costs with the Shooting Tax Exemption and the Federal Solar Tax Credit.
With the real estate tax exemption applied in residential solar systems, you have earned $ 15,000 from the solar project you intend to apply to your home and the value of your home will increase to that extent. Likewise, when you decide to move, you will get value for your money. In addition to this, with Florida’s Exemption from Solar and CHP Sales Tax, you are exempt from paying the 6% State Sales tax you overpaid on energy battery sales.
If you buy your home solar system directly, thanks to the Federal Solar Tax Credit, you qualify for a federal solar tax credit. However, it can reduce the cost of solar installation by 26%, including acquisitions. For example, if you buy a 6-kilowatt system for $ 18,300, you will pay $ 12,810 after receiving your tax credit.
The federal solar tax credit is planned to reduce to 26% in 2020, then to 22% in 2021, as well as phasing out the tax credit after 2021.
Another rebate is Florida Net Mastering. With this system, besides providing a sustainable power supply to energy companies, it allows you to save on your electricity bill.
For example, if more energy than you need is produced in the solar energy system you set up in your home, the excess energy produced by the energy company, which is your service organization, is purchased from you. This payment is given in the form of energy credits and is deducted from your bill if you use energy from the grid. The system is simple.