Normally when you build an addition or otherwise add value to your house your property tax bills shoot up.
Free solar panels for home florida.
Altier told us that floridians who have solar panels on their homes can use energy from the sun.
You can actually get solar panels installed on your home at absolutely no charge to you.
But the catch is that they require you to enter into a solar lease or power purchasing agreement ppa.
Plus if they ever decide to sell their home they will benefit because on average solar panels increase a home s resale value by almost 6000 per installed kilowatt.
Despite the substantial cost to install solar power in florida your property and the resulting boost to your home s selling price you will be exempt from paying taxes on the value added to your home.
Florida is a little behind the times when it comes to solar power and green energy.
Solar panels increase the value of your home.
But wait that s not all not only can you get solar panels installed for free you also get dramatically reduced monthly electricity bills with fixed rates for as long as 25 years.
The bottom line is there might be a free solar panel scam lurking out there but it isn t coming from any reputable solar company like ours.
If you re interested for solar panels for home use florida is a fine place for it.
Yes there are legitimate installers that will put free solar panels for your home.
However even though sun run and solar city aren t setup to do business here there are companies that will still offer you an option to get setup with solar power with no money down.
If there was any state that you would think would be embracing solar power this would be it.
Florida launches no upfront cost solar program for middle class homeowners florida is one of the best states in the country if you want to go solar but only if you re rich enough.
We asked patrick altier owner of the florida based energy company solar trek to explain further.
These offers entice people with a no cost way to go solar.
Thanks to florida s property tax exclusion for residential renewable energy property your solar system will not result in any additional costs on tax day.
Your panels will pay back their cost in a little over a decade and provide you with many years of free electricity after.
But wait that s not all the free solar panels installed on your home are warrantied monitored and maintained by your solar service provider again at no charge to you for as long as 25 years.
Just be wary of lease offers and stick with low interest financing or a cash investment.
Florida solar air designs solar panels systems that are in compliance with all federal reporting regulations in order to take complete advantage of this tax program.
Florida power light fpl property tax exemption.
Alongside the utility savings this is a great selling point when listing your home on the real estate market.
Not so with solar.