In the United States, sunny states like Florida and Georgia have been at the forefront of this solar revolution due to their abundant sunshine and the substantial financial incentives they offer to homeowners and businesses. The lure of solar panel installations, coupled with generous tax credits, has become a catalyst for transforming these southeastern states into thriving hubs of renewable energy. In this article, we delve into the captivating world of solar panel tax credits in Florida and Georgia, exploring how they drive the adoption of solar energy, benefitting the environment and helping individuals and communities save on energy costs. Join us on a journey through the sun-soaked landscapes of these two states, where the power of the sun meets the power of financial incentives, creating a brighter and more sustainable future for all.
Florida Solar Panel Tax Credit
The federal government offers a 30% federal tax credit on your system’s installation cost. The cost includes panels, inverters, wiring, conduit, solar battery storage, and labor. The average credit value in Florida is $8,729, much higher than in most states!
Florida solar policies have lagged behind other states: it has no renewable portfolio standard. It does not allow power purchase agreements, two policies that have driven investments in solar in other states. However, significant growth is on the horizon thanks to utility investments in clean energy and other recent developments.
That being said, according to the Florida Solar Industries Association (SEIA), Florida ranks third in the country as of Q2 2023, 6.07% of the state’s electricity is solar-powered, and prices for solar energy have fallen 43% over the last ten years! Despite some legislative issues, solar power is the way to go in Florida.
Here are some Florida tax credit resources!
- Florida Department of Agriculture and Consumer Services – Find a wide variety of information on state government energy programs, policies, projects, energy-saving strategies, and energy-related statistics.
- Florida Energy Consortium – Assists the state in developing and implementing an environmentally compatible, sustainable, and efficient energy strategic plan.
- U.S. Energy Information Administration- Florida State Profile – Explore official energy statistics from the U.S. government, including electricity supply and demand data.
If you’re in Florida and ready to take advantage of the benefits of solar, CKR Solar is here for you!
Contact us now to learn more about solar savings!
Georgia Solar Tax Credit
Solar power tax credits in Georgia have played a pivotal role in promoting clean energy adoption across the state. These incentives make solar energy systems more accessible and affordable for residents and businesses. Here’s a closer look at the solar power tax credits in Georgia.
According to Georgia Power, “the potential for solar energy use in Georgia depends upon the amount of sun shining on the earth’s surface.” And multiple things affect the amount of sun, including the weather, haze, and the air’s moisture level. It is possible to have solar energy in Georgia, and the southern part of the state has sun levels that match Florida’s.
Georgians can also take advantage of the Federal Solar Investment Tax Credit (ITC), which allows homeowners to receive a credit equal to 30% of the total expenses incurred for solar equipment, including materials, labor, and installation expenses. This allows individuals to recoup a significant portion of their investment in solar energy systems, making them more financially feasible.
Not only can the federal solar tax credit get back a refund of the taxes you have already paid from your paycheck, but if you don’t have enough tax liability to claim the credit in that year, you can also roll over the rest of your credits to a future year.
Related Content: Comprehensive Guide to the Cost of Solar Panels in Florida
- DSIRE Incentives Database Georgia – Search a public clearinghouse for specific solar energy incentives in Georgia and across the United States.
- Georgia State Legislature – Track pending legislation affecting solar energy, locate and contact individual legislators, and stay current on current legislative issues in Georgia.
- Georgia Energy Policy – Find a wide variety of information on state government energy programs, policies, projects, energy-saving strategies, and energy-related statistics.
- Georgia Tech University – Read about the innovative solar technology research at Georgia Tech.
- U.S. Energy Information Administration – Georgia State Profile – Explore official energy statistics, including data on electricity supply and demand, from the U.S. government
If you’re in Georgia and ready to take advantage of the benefits of solar, CKR Solar is here for you!
Finding the Right Solar Installers in Florida & Georgia
When it comes to selecting expert solar installers in Georgia or Florida, there are crucial considerations to keep in mind. Given the unique climatic conditions in these states, it’s essential to seek out a company with a strong background in weatherization. Understanding local weather patterns and policies is invaluable to ensure that your solar system is well-suited to the region and adheres to any specific regulations.
Equally important is the warranty offered by the service provider. Solar energy systems comprise components from various manufacturers, making it challenging to determine which one to contact in case of an issue. Opting for a provider that offers a comprehensive 25-year manufacturer’s warranty, in addition to a 10-year workmanship or labor warranty, ensures peace of mind in the long run.
Finally, don’t forget the financial aspect. Request a detailed price quote for both the solar panels and the labor involved in the installation. Additionally, it’s essential to obtain a projected timeframe for the installation process to ensure it aligns with your expectations and plans.
Are you located in South Georgia or Florida and ready to get started with solar energy savings? We’re here to help! Our team is dedicated to guiding you through the process, from selecting the right solar system for your needs to handling the installation and ensuring you reap the maximum benefits. With our expertise, you can tap into the abundant sunshine these regions offer and start saving on your energy bills while contributing to a greener world. Your solar energy journey begins here – let’s make it a reality together.