Florida ranks 3rd in US for solar potential and since 2017 residents have seen an increase in solar production due to popular demand and a decrease in cost. According to U.S. News World Report, “In the first six months of 2017, Florida solar installation permits increased 110 percent over the same period in 2016.” And because homeowners have more options for leasing or buying a rooftop solar system, home solar is on the rise. Sunnova offers an easy and convenient way to go solar in Florida with our cost-effective financing and leasing service plans.
Florida solar incentives1
The Sunshine State offers robust incentives for going solar. Florida’s Property Tax Exclusion for Residential Renewable Energy Property keeps additional costs at bay on a home solar installation because the value is subject to an 80 percent tax exemption. And that’s not all. When you lease or buy a home solar system, you won’t have to pay sales tax on your solar energy system thanks to the Solar and CHP Sales Tax Exemption, which offers a six percent savings.
Average Utility Costs in Florida
The average cost per kWh for residents in Florida has steadily increased over the last decade, maintaining an average of 11 cents per kWh statewide, over the last five years, and 13 cents per kWh in the greater Orlando area, over the same period of time. Florida homeowners are turning to renewable energy options, including home solar, in order to help reduce overall monthly energy costs.
Source: U.S. Energy Information Administration (EIA)
Net metering in Florida allows utility customers who connect approved, renewable energy systems to get a break on costs. Since home solar qualifies for net metering, Florida homeowners can help offset costs by selling any surplus energy generated by their systems back to the grid. When a home solar system generates more energy than needed, the excess power is sold back to the utility company and homeowners can collect the savings.2
Sunnova brings affordable solar to Florida
Sunnova offers affordable and steady monthly payments for Florida homeowners. Take advantage of the opportunity to reduce your energy costs for the next 25 years and sell back your surplus energy with Florida's net metering program.2 Plus, your Sunnova solar service agreement comes with the Sunnova Protect, our industry-leading warranty3, so you’ll never have to worry about out-of-pocket expenses for maintenance or repairs.
1 Sunnova makes no guarantees regarding customer eligibility for tax benefits. Sunnova does not provide tax advice. Contact your personal tax advisor for eligibility.
2 Sunnova makes no guarantees regarding credit for net energy exported to the electric grid, and any credit provided (now or in the future) is within the sole discretion and control of the utility company.
3 Refer to the agreement for complete warranty terms and limitations.
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