Want to lead Florida's transition to solar energy?
Sun-drenched Florida has long been the focus of daydreamers across the U.S. Where else can you can find beautiful beaches, thriving cities, spacecraft launches off the coast, Gators (both student and reptile), and the home of Mickey Mouse himself? When you add in all the sunlight it has to offer, Florida is clearly a slam-dunk for going solar and living the good life. Floridians can take advantage of the Federal Investment Tax Credit (ITC) which is equal to 26% of the cost of the solar system. In addition, Net Metering policies in Florida enable homeowners to receive credit from their utility company for any excess solar energy pushed back to the grid. This means that in addition to being able to deduct 26% of your solar cost from what you owe Uncle Sam, you can also qualify for reimbursements that will put even more money in your pocket. Utilities in Florida have warmed up to the idea of solar energy so much that even they are willing to offer homeowners upfront rebates to help make systems more affordable. Whether your goal is to save money, help the environment, or achieve energy independence from the grid, Dividend Finance can help you get there. With higher-than-average utility prices and some of the most abundant sunshine in the country, Florida is a perfect place for solar energy to shine.
Home Solar in Florida Is More Affordable than Ever Before
- Federal Tax credit may be available
- Upfront Rebates (Varies by Utility)
- Sell Your Extra Production with Net Metering
What Our Florida Solar Customers Are Saying
Dividend was recommended by my installer. It's been a short time since I got it but so far, so good. I had the perfect roof for it and I'm satisfied with my decision to go solar. Enrolling with them was easy as it's all online. I just had to sign the papers with Adobe. It's easy to apply and get it going. Painless experience.Rogaciano | Ocoee, FL
How Going Solar in Florida Works
Step 1: Sign up online
Step 2: Talk to a solar specialist
Step 3: Check out your custom design
Step 4: Relax during installation
Step 5: Watch your savings grow
Solar savings in Florida are driven by the ample sun across the state. Aside from saving money on your monthly electric bill, there are other key incentives that help solar ownership in Florida make sense: 1) the 26% federal tax credit 2) Utility-specific rebates, and 3) net metering.
First, the federal government offers a 26% Incentive Tax Credit (ITC) which is available in all 50 states*. This credit, which is equal to 26% of your system cost, is applied to the federal taxes you owe each year, thereby lowering the net cost of your solar system, and has been extended to last until at least 2020. The ITC is a great benefit of going solar: money that you would otherwise pay in taxes can now be used to own your solar system sooner. It is important to note that you can only reap the benefits of the federal ITC if you own your system directly - it is not available to homeowners who opt for a third-party ownership model, such as a Solar Lease or Power Purchase Agreement. With the Dividend Finance EmpowerLoan, you own your system and you get all of the economic benefits of going solar in Florida.
Secondly, certain utilities in Florida provide upfront cash rebates to homeowners purchasing their solar systems. This means that in addition to saving money on a monthly basis and recouping the federal tax credit, you could receive a check at the point of purchase for you to spend anyway you'd like.
Finally, like many other states, Florida utilities have Net Metering policies which allow homeowners to be credited for extra energy fed back to the power grid. If designed optimally, a homeowner can expect to offset 100% of their current electricity use while also having some left over to sell back to the grid.
*Dividend Finance does not provide tax or legal advice. Please consult your tax advisor for more information.
Your utility bill can drop significantly when you begin to generate your own power with a solar system. How much you can save will depend on the size of your system, your electricity usage, your current utility rates, and other factors, but one thing is for certain: Dividend Solar can help you go solar for Dividend Solar will not finance a solar project unless it will save you money down today. Our team and partners can design a system for you using some of the industry's most accurate remote assessment and design tools and can present you with a system customized specifically for your home to give you a sense of your expected solar savings.
Working with the best solar installers in Florida, Dividend Finance offers our customers a better, simpler way to go solar and save money on your utility bills.