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There's a reason Florida is called "The Sunshine State."1 Aside from experiencing an abundance of sunshine all year long, Florida also provides a great environment for installing solar power. Best of all, there are multiple incentives to help you improve your relationship with the sun.
As a resident of Florida, you may be eligible for various incentives that are available at the local, state and federal levels. These incentives were developed as a way to promote clean and renewable energy to homeowners within the United States. They help offset the initial cost that investing in solar power can have. Let’s take a more in-depth look at these incentives.
Depending on where in Florida you live, you may also be able to capitalize on additional solar incentives, for example:
PACE (Property Assessed Clean Energy) Financing is a program that will loan the entire cost of an eligible energy upgrade to a homeowner. The loan can then be repaid over a period of up to 20 years without any extra bills to keep track of. The cost is just added to your property tax bill.7 The following companies currently have residential PACE Financing available in Florida:
- Counterpointe Energy Solutions and Florida PACE Funding Agency/Alliance NRG Program
- Ygrene Works/Ygrene Energy Fund
- RenewPACE/Renew Financial
- Solar and Energy Loan Fund8, 9
As a way to promote clean and renewable energy, the federal government has put in place two nationwide solar incentives that are available to Florida residents. Homeowners should apply for them shortly after installation is complete. Your LG PRO installer can help you understand these incentives and how to apply.
We are always available to help you find out which incentives apply to you and help you take the next step on your solar journey.
1. Google. "Florida Nickname". Google. Google. n.d.
www.google.ca/search?q=florida+nickname&rlz=1C1CHBF_enCA815CA815&oq=florida+nickname&aqs=chrome.0.0l6.6647j0j7&sourceid=chrome&ie=UTF-8. 20 Nov. 2018.
2. Florida Department of Revenue. "Sales and Use Tax Incentives". Florida Department of Revenue.
Florida Department of Revenue. n.d.
floridarevenue.com/taxes/taxesfees/Pages/sales_tax_incent.aspx. 4 Dec. 2018.
3. Florida Department of Revenue. "Solar Energy Systems Sale and Use Tax Exemption No Longer
Subject To Repeal". Florida Department of Revenue. Florida Department of Revenue. 1 Jun.
revenuelaw.floridarevenue.com/LawLibraryDocuments/2005/06/TIP-117617_TIP%2005A01-05%20Solar%20Energy%20Systems%20-%20TIP%20and%20List.pdf. 20 Nov. 2018.
4. City of Tallahassee. "Energy-Efficiency Loans - Residential Customers". City of Tallahassee.
City of Tallahassee. n.d.
www.talgov.com/you/you-products-home-loans.aspx. 4 Dec. 2018.
5. “Interest Rates and Fees.” Solar and Energy Loan Fund,
6. Florida Legislature. "The 2018 Florida Statutes 366.91 Renewable energy. -". Online Sunshine
Official Internet Site of the Florida Legislature. Florida Legislature. 2018.
www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&Search_String=&URL=0300-0399/0366/Sections/0366.91.htm. 5 Dec. 2018.
7. PACENation. "About PACENation". PACENation. PACENation. n.d.
pacenation.us/about/. 28 Nov. 2018.
8. PACENation. "PACE in Florida". PACENation. PACENation. n.d.
pacenation.us/pace-in-florida/. 20 Nov. 2018.
9. PACENation. "Residential PACE Near You". PACENation. PACENation. n.d.
pacenation.us/pace-programs/residential/. 28 Nov. 2018.
10. “Solar Investment Tax Credit.” SEIA. Web:
www.seia.org/initiatives/solar-investment-tax-credit-itc. 11 Apr. 2019.
11. Federal Government of the United States. "Title 26 - Internal Revenue Code". Federal
Government of the United States. Federal Government of the United States. p.520. n.d. Web:
www.gpo.gov/fdsys/pkg/USCODE-2011-title26/pdf/USCODE-2011-title26-subtitleA-chap1-subchapB-partIII-sec136.pdf. 10 Dec. 2018.
Because life waits for no one, at LG USA we create consumer electronics, appliances and mobile devices that are designed to help you connect with those who matter most. Whether that means cooking a nutritious, delicious meal for your family, staying connected on-the-go, sharing your favorite photos, watching a movie with your kids or creating a clean, comfortable place to celebrate the moments that matter, we'll be there for you every step of the way.
Designed with you in mind, LG products offer innovative solutions to make life good. With intuitive, responsive controls, sleek, stylish designs, and eco-friendly features, our collection gives you the power to do more at home and on the go. It includes:
Mobile: To help you stay connected your way, our mobile devices feature powerful smartphones, slim tablets and stylish smartwatches that fit seamlessly into your life. And whether you want to download the latest apps, shop online, text, track your fitness or just surf the web, they make it easy to do it all on-the-go.
TV/Audio/Video: If you can't get enough of your favorite sports, the latest movies, love 3D entertainment -- or just want to listen to your favorite music in stunning clarity -- our newest electronics can help you experience it all in a whole new way. Featuring brilliant pictures, lifelike colors and sound that envelop you from the very first note, our collection will transform your living room into a stunning home theater.
Appliances: Created to help you enjoy more of what life has to offer, our appliance collection features ranges and ovens that can help you cook healthy, delicious meals more efficiently, clean your dishes faster, do more laundry in less time, and even clean and cool your house so you can enjoy a comfortable space all year long.
Computer Products: Life happens in an analog environment -- and on a digital plane. And our newest computer products can help you experience the best of both worlds. Designed to give you crystal-clear images, deep blacks and rich colors, plus the speed and storage you need to work and play, safeguard memories and protect important documents, they can help you make the most of life in every way.
Explore our complete collection of LG electronics, mobile devices, appliances and home entertainment solutions -- and find everything you need to connect with your friends and family, no matter where they are.