Florida solar rebates and tax credits calculator

Solar incentive

Federal ITC 30% (tax credit)

State tax credit: No

Net metering (by utility)

Calculate for your home's location

There can be solar tax credits and incentives available at the federal, state and local levels. The calculator above will show you the value of all incentives your home is eligible for.

Summary of Florida solar incentives 2024

Florida is the Sunshine State, so it makes sense that it's the perfect place for homeowners to get solar panels and save money. 

Thanks to the federal solar tax credit, buying solar is cheaper than it's ever been here. There are even some battery backup incentives popping up in parts of the state. Plus, your savings will last at least 25 years because solar panel warranties guarantee production long into the future. 

Read on to discover how much home solar incentives can save you in Florida!

On this page, you can:

  1. Learn what solar incentives are available to Florida homeowners

  2. See what Florida solar incentives you qualify for based on your utility company and city

  3. Find out how much these incentives and/or Florida solar tax credits will reduce your cost to go solar and add batteries

Federal solar investment tax credit

The federal solar investment tax credit will have the biggest impact on the cost you will face to go solar in Florida

If you install your photovoltaic system before the end of 2032, the federal tax credit is 30% of the cost of your solar panel system. This is 30% off the entire cost of the system including equipment, labor, and permitting.

Example: If your solar energy system costs $20,000, your federal solar tax credit would be $20,000 x 30% = $6,000.

The federal tax credit falls to 26% starting in 2033.

Net energy metering in Florida

With net metering in some states, you get full retail rate credit for the amount of electricity you send back into the grid with your solar panels.

Net metering requires your utility to monitor how much energy your solar power system produces and how much energy you actually consume and make sure you get credit for the surplus.

Florida’s Public Service Commission “PSC” set specific standards for net metering back in 2008. Assuming you’re a customer of an investor-owned utility (most of us), any net excess generation, AKA surplus energy, is carried forward as a credit at the full retail rate to your next bill for up to 12 months. At the end of a 12-month billing period, the utility pays you for any remaining excess energy at an avoided-cost rate.

Not only is that just about the perfect net metering law, but it also looks like you won’t have any problems getting on the grid. Unlike most states, Florida has no set cap on how many solar systems it will allow to hook up to the grid. Your small residential system also lacks any of the possible hurdles and red tape that we see in other states.

Florida solar rebates

Florida has no statewide solar rebate program; the few patchwork fill-ins from individual utility companies have closed. You may have heard of the statewide rebate program; Florida’s Solar Energy Systems Incentive Program is sadly no longer taking new applicants.

However, battery incentives are showing up around the state. In Jacksonville, for example, you can get up to $4,000 when you install a battery. The program is currently full, but the utility could reallocate funds next year. 

Sales and property tax incentives

Thank goodness Florida also realizes that homes with solar are worth more than homes without, and the state has been willing to exempt that value from additional property taxes. Your home’s value increases as much as $20 for every dollar of electricity you save in a year. Not paying taxes on that value is a sweet deal.

Home solar panel systems are also free from state sales tax, saving you 6% or more right off the bat.

Cost of solar panels in your part of Florida after all applicable solar incentives

Solar prices near you

Cost range of local prices

$14,731-$18,005

Payback period

9.1-11.2 years

Net profit (savings less system cost)

$33,158-$40,527

Average size system installed in FL in 2024

10.5kW

Solar panel cost calculator

Best 10 solar companies in Florida

208 solar companies in Florida provide pricing on SolarReviews. Here are the best rated companies near you.

Solar guides for your Florida city

For more information about going solar near where you live, check out the following resources:

Find local city information

 

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