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Some states offer tax incentives to make owning solar more affordable and FLORIDA is one of them!
SOLAR + NET METERING +TAX BENEFITS
If youโre debating adding solar panels to your business or home, youโve probably heard about the federal solar tax credit.
In 2018, solar-generated about 1.5% of US electricity. Of all renewable energy generation, solar PV is expected to grow the fastest from now to 2050.
Our three service areas (Texas, Colorado, and Florida) all have net metering
in place throughout the state with local utility companies.
A little background: The solar tax credit was established in 2005 with the goal of making solar energy more affordable for Americans by lowering taxes on the purchase and installation of solar panels. The solar investment tax credit (ITC) was extended through 2015, and then Congress adopted the federal spending package for 2016 to 2019, which extended the solar panel tax credit for another year while keeping the 30% deduction for taxpayers.
Another solar tax credit extension was included in a large omnibus spending package voted by Congress, which includes $900 million in coronavirus relief. The home solar tax credit will be 26 percent from 2020 to 2022 under the proposed legislation, before reducing to 22 percent in 2023. Unless Congress decides to extend it, the credit will expire in 2024.
Solar projects in all sectors, including residential, commercial, and industrial, are eligible for the 26 percent tax credit if they begin development between now and 2022. While the tax credit for homeowners is slated to expire at 0% in 2024, a 10% credit will be available for utility and commercial markets beginning in January of that year.
Switching to solar electricity is made simple and affordable for Americans thanks to the federal solar investment tax credit. You can claim it for your solar photovoltaic (PV) system, battery storage, and installation charges when filing your federal income taxes. The percentage difference is determined by whether your system was installed between 2020 and 2024.
julie Castro2023-02-02Helpful with school project, very knowledgeable staff and helped with solar project at Osceola Adventist Christian School.Delice brain2023-01-27They installed my solar system a few months ago ! I am very satisfied solar prime did the job good ! I didnโt pay anything before they installed everything on my roof ! I have 23 panels 370 watts itโs good for me ๐Rachelle Monchille2022-12-01Thank you very much Solar prime usa they took good care of me , the installation of the solar system took 2 months! Representative was always responsive to all my questions! They came several time to check that my solar system was correctly installed! I recommend strongly this company ๐๐Samuel Micelus2022-11-10Thank you solarprime usa its a great company and very good customer service , the permits was slow because of the city , but after this everything went very well , solar system is producing!Carlui Marrero2022-09-12Excellent attention! Fast service! Very happy with customer service!Roland Presume2022-01-22Great service, efficient program. Very satisfied and contentJordan Hallam2021-07-22If you're looking for a solar company that values care, honesty & having your best interests at heart then use Solar Prime USA. These guys will look after you from start to finish and make sure you save as much money as possibleGoogle rating score: 4.8 of 5, based on 17 reviews