Florida Shines Bright: Leading the US in Solar Installations
Customer Testimonials
In a landmark stride towards a sustainable future, Florida has emerged as a trailblazer in solar energy installations, leading all states in the United States this year. The Sunshine State’s commendable progress is not just about numbers, but is a testament to the state’s commitment to harnessing the abundant sunshine it so fortunately receives.
Momentum Solar is proud to serve residents in Florida! Call us today at 1-888-MOMENTUM to unlock solar savings.
By the Numbers
According to a recent report, Florida topped all U.S. states in solar installations in 2023 [1]. This accelerated transition to solar energy is monumental, offering a sustainable alternative to conventional power sources and positioning Florida at the forefront of America’s renewable energy movement.
Florida’s solar rise is exciting since the achievement is more than just an environmental victory. With solar energy, residents can anticipate a decrease in their utility bills, making solar not only a sustainable choice but also a financially smart one. Additionally, with the ongoing climate crisis, Florida residents’ move to solar power demonstrates their proactive approach to combat global warming and reduce carbon emissions.
Going Solar in Florida
Florida’s residents can benefit from both state and federal solar incentives. The state offers multiple solar incentives, which can significantly reduce the initial installation costs. On top of these state incentives, residents can also take advantage of federal tax credits. However, the cherry on top is that the Sunshine State’s abundant sunlight can translate to more energy generation and savings in the long run.
State Incentives [2]
The Solar and CHP Sales Tax Exemption eliminates the Florida sales tax of 6% on the costs of solar photovoltaic (PV) systems. This exemption is designed to cover the retail rate of solar panels, solar heaters and combined heat and power systems. Suitable for residential, commercial and agricultural applications, it is essential for solar equipment to be certified by the Florida Solar Energy Center.
The Property Tax Abatement for Renewable Energy Property ensures that the installation of solar systems won’t lead to an increase in property tax, even if the overall value of the property rises due to the solar addition. This means homeowners are shielded from paying extra property taxes because of the increased property value from their solar installations. This valuable exemption will remain in effect until December 2037.
Federal Incentives [2]
The Federal Solar Tax Credit, also known as the Investment Tax Credit (ITC), offers homeowners a significant financial incentive for going solar. Specifically, you can claim a tax credit equivalent to 30% of your solar installation costs. To take advantage of this credit, homeowners can simply claim it on their annual federal tax declaration for the same year they installed their solar system. Make sure to consult a professional when filing your taxes.
Net Metering
Solar panels often produce more energy than a home requires, especially during peak sunlight hours. With net metering, homeowners can send excess solar energy back to the local electric grid and earn credits on their utility bills. The local electric company uses a smart meter to measure surplus solar generation, giving homeowners a deduction from their monthly electricity bill for any surplus solar energy sent back. If solar generation credits exceed consumption in any given month, the surplus rolls over to the next month.
Momentum Solar: Florida’s Trusted Solar Partner
For those considering making the switch to solar in Florida, Momentum Solar is your trusted partner. With established offices in Orlando, Fort Lauderdale, Tampa, Jacksonville and Fort Myers, we are strategically positioned to cater to residents across the state. Our commitment to offering an end-to-end service is evident from the fact that we don’t outsource any of our installation processes. This approach ensures consistency in service quality and delivery.
“The salesperson was very knowledgeable and answered my questions clearly. I was very impressed with his level of professionalism. Clearly, this company is on the top tier of solar options. I like the fact that all personnel associated with the installation process work for the company. There is no outsourcing at all. It’s one-stop shopping. My experience has been excellent so far.”
- Matt K., Tampa Bay, FL.
With glowing reviews and our dedication to quality service, Momentum Solar is poised to guide Florida residents on their solar journey, ensuring that the Sunshine State remains at the top of solar installations in the U.S.
