How to Cut the Cost of Your Utility Bills with Fort Walton Beach, FL, Solar Incentives
Solar energy can be very beneficial for Florida homeowners and the beautiful Florida environment. Because of this, Florida’s government and lawmakers have approved many incentives and programs to help reduce the cost of solar panels for those interested in moving into the future with their home’s energy. These Florida Solar incentives come in the form of tax credits & exemptions, solar rebates, net metering programs, zero-down solar options, and more! Here are a few of the top Florida solar incentives available in Okaloosa County!
- [Federal Solar Tax Credit]: The Federal Investment Tax Credit (ITC) offers solar owners a 30% tax credit for the cost of solar investment. This can add up to huge savings for Florida homeowners!
- [Florida Net Metering Program]: Net Metering or Net Energy Metering (NEM) is a program that allows solar owners to sell their excess energy back to the Florida solar grid for compensation. This can be used to further reduce your electric bill!
- [Property Tax Exemption]: In Florida, solar panels are exempt from property taxes. So even though your solar panel system may increase the value of your home, you won’t have to pay any additional taxes on your solar array!
- [Sales Tax Exemption]: In Florida, solar panels are also exempt from Sales tax. This is an automatic 6% discount on solar panel installation, compared to neighboring states!
- [Zero-Down Solar]: Meraki Solar offers the unique opportunity to go solar for zero-down up front costs in Fort Walton Beach, FL. So you can enjoy all of the benefits of solar, without paying anything out of pocket to get started!
Depending on your situation and where you live, you could be eligible for even more financial incentives for installing solar. Since Meraki Solar does not provide professional tax advice and everyone’s situation is slightly different, it is strongly recommended you consult with a tax professional to determine which incentives you and your home qualify for. Explore all of your solar options today and see how much you could save with solar!