| Florida Supports Solar Energy Deductions for Homes | | | | Statutes to exempt "property upon which a renewable |
| and Businesses In an effort to support alternative | | | | energy sources device is installed and operated |
| energy sources, the State of Florida has reinstated the | | | | … in the amount of the original cost of the |
| renewable energy property tax break called for the in | | | | device, including the installation. This law will provide a |
| the Florida Constitution. This is a major incentive for | | | | significant tax savings for homes and businesses that |
| homeowners and businesses to install solar power | | | | install solar and other renewable energy equipment by |
| systems. applauds this effort to support green efforts | | | | discounting the price of the equipment from the |
| to recycle, reuse and alternative energy sources. The | | | | taxable value of the home for a period of ten years. |
| way it works: the State of Florida Constitution includes | | | | With solar energy incentives, solar will be a major |
| provisions (Article VII, Section 3(d)) for exempting | | | | contributor to our energy costs in Florida. This incentive, |
| installations for renewable energy equipment from | | | | along with the State rebate program for solar energy |
| property tax assessments. This law had previously | | | | installations begun last year, will make a big difference |
| expired until taken up by the legislature again until this | | | | in Florida's energy costs. |
| year. The bill revises section 196.175 of the Florida | | | | |