How to Cut the Cost of Your Utility Bills with Navarre Solar Incentives
Although there are many reasons homeowners can benefit from solar energy, there are still some who are curious about the costs of solar in Florida and how much it costs to install solar panels in Navarre, FL. To help with Florida’s ambitious goal of reducing carbon emissions to net zero by 2050, The Sunshine State has approved several financial incentives to help Florida residents go solar for less! Some of these Florida Solar Incentives include rebates, tax credits & exemptions, financing options, net metering, and more! Here are just a few of the top solar incentives available in Santa Rosa County & Navarre, FL.
- [Federal Solar Tax Credit]: The Federal Investment Tax Credit (ITC) allows for solar owners to write off up to 30% of the cost of their solar investment, from their yearly taxes. This is one of the largest and most popular of all the solar incentives.
- [Florida Net Metering Program]: Net Metering policies allow for homeowners to sell their excess energy to the Florida solar grid for Solar Renewable Energy Credits (SRECs), which can be used to further reduce your monthly energy costs!
- [Property Tax Exemption]: Although solar panels may increase the value (and aesthetics) of your home, you may not have to pay additional taxes thanks to Florida’s solar property tax exemption incentives.
- [Sales Tax Exemption]: Your residential solar system may be exempt from sales tax in Florida. This is an automatic 6% discount compared to neighboring states!
- [Zero-Down Solar]: Meraki Solar offers the unique opportunity to go solar for zero-down up front costs in Navarre, FL. So you can enjoy all of the benefits of solar, without paying anything upfront out of pocket!
These are just the “tip of the iceberg” when exploring the many ways to save when going solar in Florida! There are many more financial incentives that you may qualify for, that can increase your solar savings and make your solar investment more affordable than ever before. As with all matters relating to taxes and your finances, it is always recommended that you consult with a tax professional to ensure any and all solar incentives are applied for properly, for your specific situation.
Reach out to Meraki today to see which solar incentives your home qualifies for and how much you could save by going solar with Meraki!