Solar Module Shortages Are Coming: Act Now to Avoid Delays!

Florida may suffer from solar module shortages, as the U.S. fights to stop the import of goods that have been produced using forced labor.

Florida and the rest of the country are set to suffer from disruptive solar module shortages, as the U.S. fights to stop the import of goods that may have been produced using forced labor in China.

It is believed around a massive 2.1 Gigawatts (GW) of U.S. solar projects are at risk of being delayed or canceled.

If you’ve been considering investing in solar in Florida, then delays could impact your plans unless you get to the front of the queue soon.

Here’s what’s happening, and how to avoid the delays impacting your Florida solar installation:

Custom Enforcements Restricting Solar Imports

In an effort to tackle forced labor in China, The U.S. Customs and Border Protection (CBP) is enforcing action on silica-based products made in China.

The Department of Homeland Security issued a ‘Withhold Release Order’, which instructs all U.S. ports to detain shipments made under these conditions.

This effort is being made to tackle the forced labor of the Uyghur Muslim peoples of China.

In a statement from the Department of Homeland Security, it was explained:

“The United States will not tolerate modern-day slavery in our supply chains. This Withhold Release Order demonstrates we continue to protect human rights and international labor standards and promote a more fair and competitive global marketplace.”

“Forced labor is a human rights abuse that hurts vulnerable workers, weakens the global economy, and exposes consumers to unethically made merchandise,”

Understandably, this is causing tension politically as the Biden administration is pushing for a rapid expansion of clean energy resources, but is also rightfully and forcefully against any modern slave labor.

The white house has stated that solar deployment needs to accelerate by 4x its current pace to meet clean energy targets by 2035. The targets could see solar in the U.S. move from 3% of electrical generation to over 40% by 2035.

It should be noted, this doesn’t mean all solar companies are consciously using forced labor suppliers. Nor does it mean they are using forced labor suppliers even if they’re affected by the delays.

Each part manufacturer uses a large supply chain which is incredibly hard to trace from silicon metal and quartz mining to the factories themselves.

Philip Shen of Roth Capital Partners has said that “almost any module coming to the U.S. cannot yet prove it does not have Hoshine silicon metal.”

He went on to say traceability capability could take 6-12 months to develop.

Solar Delays Coming

Silica is a raw material used to make components for solar panels, solar modules, electronics, and other solar equipment. It plays an integral part in any solar installation and the U.S., like the rest of the world, relies on imports from overseas.

With imports restricted, this means the solar industry is going to have a tight and stressful Q3 and Q3, later this year.

Solar module shortages, in particular, are suspected to be present with the COVID-19 pandemic already creating a bottleneck supply chain and a shortage of raw materials.

It’s estimated this enforcement could jeopardize a vast number of solar installations, ‘representing a total investment of about $2.2 billion on a payroll of 3,000 construction workers.’

Rising Prices?

As always when solar module shortages arrive, there are fears over rising prices.

We’ve already seen the pandemic cause equipment prices to rocket, as bottlenecks arise and this could again be a problem later this year due to import restrictions.

This is likely to be an issue for installers more than customers, but it is yet another reason to act fast and get your installation started before the industry hits problems.

What Does This Mean For You?

If you’re considering a Florida solar installation, then now is the time to act. Getting in the queue fast will allow you to enjoy the existing supply of parts, before any solar module shortages hit.

As for installation companies like ourselves, if we don’t have parts arriving in time then delays may arise.

Thankfully, at this point, we are unaffected and will do our very best to ensure all our customers have their installations started and completed on time – just like we always have done.

As a local Florida solar company, we take care of our customers and don’t make large, blanket cancellations like some of the bigger name installers.

It should also be noted that this doesn’t mean we or other installers are using forced labor suppliers – these import detentions and delays are having a knock-on effect on the whole industry, regardless of the solar parts supplier used.

There is no reason to panic if you already have a solar installation planned, this message is more of a warning – act now and get in ahead of the queues to avoid delays!

Act Now to Get Solar Tax Credits

Florida solar tax credits can allow you to save thousands of dollars on your Florida solar installation.

But that is only true if your installation starts before the end of 2021. Every year, the amount you can save drops – it’s currently at 26% but will gradually drop to 0% in 2024.

In order to avoid missing out on this year’s solar tax credits, ensure that you avoid potential delays by heading to the front of the queue now.

How Much Can I Save Through Solar Tax Credits?

2021’s solar tax credits represent a 26% saving on all labor, equipment and costs. These costs will be deducted from your tax bill.

Here’s an example of much you could save on a $10,000 Florida solar installation:

26% OF $10,000 = $2,600 IN SOLAR TAX CREDIT SAVINGS

You can read our Florida solar tax credits guide here.

Solar Installations in Florida

If you’re interested in installing solar panels in Florida then contact us today.

Florida Power Services “The Solar Power Company” is the Sunshine’s states leading solar power installer and would love to help you save thousands of dollars in 2021, regardless of any solar module shortages.

With delays a possibility throughout the industry, we’ll strive to ensure your dream installation is completed on time without stress.

And one last reminder: Lock in pricing now! No delays, no regrets! Make the most of those solar tax credits in 2021!

Do Solar Tax Credits Apply to Re-Roofing?

When deciding to install solar panels in Florida, one of the first questions you may ask is, should I re-roof my property?

When deciding to install solar panels in Florida, one of the first questions you may ask is, should I re-roof my property? Your next question may be, will solar tax credit reductions apply?

These questions require careful consideration, but there are facts that some solar providers may hide from you. We’re here to get the facts straight regarding solar tax credits and re-roofing.

Tax Disclaimer

We’re not tax professionals and all information here does not and should not constitute professional tax guidance. With over 20 years of experience in the industry, we have the expertise to guide any solar project, but you should always consider advice from a professional when making tax decisions.

What Are Solar Tax Credits?

First up, let’s make it clear what solar tax credits are.

The Federal Investment Tax Credit (a.k.a Solar Tax Credits) is a system that allows you to deduct a percentage of your solar installation costs from your annual federal taxes – effectively reducing the bill you pay for installation.

  • In 2021, the savings are 26%.
  • By 2023, it will drop to 22%.
  • In 2024, it will drop to 0%.

Solar tax credits cover all labor, equipment and installation costs. They can also be carried forward to the next year if you can’t take the full credit in the year of the installation.

How Much Could I Save Through Solar Tax Credits?

Let’s look at an example: If your solar installation costs $10,000, then you could receive Solar Tax Credits of $2,600 in 2021 – reducing your costs significantly!

Does a New Roof Apply to Solar Tax Credits?

So, can you apply those reductions to a re-roofing job in conjunction with solar panels?

The short answer: No.

Many contractors or solar installers in Florida may tell you otherwise: don’t listen to them.

The last thing you want is to end up in hot water with the IRS. And you don’t want to have to pay for roof bills when you didn’t expect it. Over the years, we’ve seen plenty of new solar installers cut corners, add additional re-roofing and trick you into thinking you’ll make savings. We’ll never do that.

Here’s what the IRS says:

IRS Form 5695 Guidance:

The IRS guidance states that tax reductions apply to qualified solar electric property costs. Which are defined as:

“Qualified solar electric property costs are costs for property that uses solar energy to generate electricity for use in your home located in the United States.

No costs relating to a solar panel or other property installed as a roof (or portion thereof) will fail to qualify solely because the property constitutes a structural component of the structure on which it is installed.

Some solar roofing tiles and solar roofing shingles serve the function of both traditional roofing and solar electric collectors and thus serve functions of both solar electric generation and structural support. These solar roofing tiles and solar roofing shingles can qualify for the credit.

This is in contrast to structural components such as a roof’s decking or rafters that serve only a roofing or structural function and thus do not qualify for the credit. The home doesn’t have to be your main home.”

What About Solar Roofs with Solar Tiles?

Some solar roofs, such as those with solar tiles, may have components applicable. However, confusion arises when it comes to the structural parts of the roof.

The IRS guidance states:

“Some solar roofing tiles and solar roofing shingles serve the function of both traditional roofing and solar electric collectors and thus serve functions of both solar electric generation and structural support.

These solar roofing tiles and solar roofing shingles can qualify for the credit. This is in contrast to structural components such as a roof’s decking or rafters that serve only a roofing or structural function and thus do not qualify for the credit.”

That last sentence seems to clarify that structural parts of the roof will not qualify for solar tax credits. So if you think you’ll make tax savings on re-roofing, think again.

Do I Need a New Roof?

We should also take the opportunity to warn you to consider whether the cost of a solar installation is worth it for your solar vision.

Many new customers of ours report that they’ve been considering solar roofs from competitors.

However, it’s worth asking whether it makes sense financially.

Solar roofs usually require you to build an entirely new roof AND install solar panels.

If you have no desire or need for a new roof, you could end up paying for something you didn’t even have your eyes set on.

At Florida Power Services “The Solar Power Company”, we install solar panels and solar battery banks without the need to redesign your roof.

We use long-lasting solar brackets and components that don’t damage or affect what’s underneath.

Trust the Experts, Not Someone After a Quick Sale

If someone is offering you a solar roof with the promise of solar tax credit reductions, consider their true intentions.

If someone is just out to build a new roof that you don’t need, then consider whether they have your best intentions in mind.

While it would be great to have your roof qualify for Solar tax credits, at best only limited parts will qualify.

Florida Solar Power Services can point you in the right direction for your solar tax credits, but ultimately you should always talk and liaise with your tax professional.

Why You Should Act Now!

As previously mentioned, Solar Tax Credits will continue to drop to 0% in 2024. Now is the time to get your Florida solar installation started.

The reductions have already dropped from 30% in 2019. Time moves fast.

Act now and don’t miss out on saving thousands of dollars!

Solar Panel Installation in Florida

If you’re interested in installing solar panels in Florida on your roof, then contact us today.

Florida Power Services “The Solar Power Company” is the Sunshine’s states leading solar power installer and would love to help you save thousands of dollars in 2021.

One last reminder: Lock in pricing now! No delays, no regrets! Make the most of those solar tax credits!

How Do Home Solar Battery Banks Work?

Home solar battery banks allow you to become fully independent of the grid, giving you your own electricity-creating property.

Home solar battery banks allow you to become fully independent of the grid, giving you your own electricity-creating property. When storms or grid failures hit, your home will still have its lights on.

Come rain or shine, home battery banks keep your home juiced. Here’s how they work and why our are the best:

1 – Steal the Solar Power

It all begins on the roof. Those shiny solar panels absorb sunlight and use a solar inverter to convert the sun’s energy to electrical current. Magic. Then that energy gets fed throughout the home or to the home solar battery bank.

2 – Time to Feed the Home Solar Battery Banks

The electricity produced by the solar panels then powers everything in your home. From the TV to the lights, the power goes to those appliances first.

But on sunny days or low energy consumption days, there’s plenty of excess power. That electricity goes to the home solar battery banks!

Here, batteries charge up by using inverters and store electricity for future use. The speed of charging depends on the amount of solar energy being produced and the current demand in the home.

Without a battery, that extra electricity would head back to the grid (if connected). That process is called net metering and can actually earn you money, but for many people, that isn’t as appealing as having those game-changing home solar battery banks!

3 – Converting the Energy

Time to get slightly geeky. All homes run on AC (alternating current). That’s the power you get from your wall outlets. But batteries require DC (direct current to charge) – that’s why your laptop has that big box on it, or why your phone charger has a big adapter at the end.

Solar batteries work the same. They require DC. Using solar inverters, they convert AC into DC to charge and then back to AC to power the home.

Some modern home solar battery banks, such as Tesla Powerwalls, use AC. That can make them versatile for any solar power system but make them susceptible to storms and harsh conditions. DC batteries also have higher efficiency.

4 – Deploy the Battery!

Once that home solar battery bank is nicely charged up, it sits there until it’s time to use it.

There are various reasons for calling up your home solar battery bank’s extra power.

Firstly, a power outage. If the grid goes down, the battery system will kick in and immediately provide power to the home. Your fridge, AC, TV, internet and lights will all keep running.

Secondly, home solar battery banks can be used to reduce your energy bill. If your utility company uses a ‘time-of-use’ (TOU) rate plan, then you may find that certain periods of the day are more expensive than others.

If you’ve got a solar battery bank, though, you can use it during those peak utility charge periods to make savings!

Finally, batteries can be used for homes independent of the grid. So if the sun has been hidden for too long and your home is low on fresh solar energy, you can rely on your home solar battery banks to kick in and save the day.

Florida Solar Power’s Unique Solar Batteries Explained

Some special tricks can set some home solar battery banks apart from the rest. At Florida Power Services, we utilize the unique Enphase home solar battery banks.

Here’s how they work:

Low Voltage. High Safety.

Our home solar battery banks use low-voltage DC power – so you avoid the dangers that come with high-voltage DC power.

Using micro-inverters, to meet the latest safety standards, the risk of thermal runaway fire propagation is significantly reduced.

Storm Durable

Our batteries are designed to outlast storms, ice, hail storms and more. With solar inverters inside every battery, you’ll be safe at home even when the grid drops and it’s bleak outside.

Smart Power

Using the latest tech, our battery banks connect to the internet to deliver the latest software and features automatically. So from bug fixes to efficiency improvements and storm warnings, you’re not left in the past.

App Access

You gain access to a simple-to-use app that gives you a complete overview of your solar power system. This includes how much energy you’ve used, how much charge is left and more.

Start Big, Grow Fast.

Our home solar battery banks give you the freedom to start small and grow over time. Almost like lego bricks, you can add another battery to the bank for additional storage and more juice!

10 Year Solar Battery Bank Warranty

All Enphase batteries are covered by a super 10-year warranty.

The Science Behind Home Solar Battery Banks

Ok, you’ve read this far, so let’s get into the details. Now you know how a home solar battery bank works, let’s look at the science behind it.

Most modern home solar battery banks use a lithium-ion battery. These are seen in many appliances, from your cell phone to cars.

They operate by moving lithium ions through an electrolyte located inside the battery. Ions are particles that have either gained or lost an electron, so when they move from an anode to a cathode within the battery, free electrons are produced.

These free electrons build up, charging the battery and storing electricity. When it’s time to discharge the electricity, the flow is reversed.

You can take off your lab coat now.

How Do I Install a Florida Solar Battery Bank?

  1. Calculate how much solar energy your home demands. This will help you know how big a home solar battery bank you need.
  2. Choose whether you want to go totally off-grid or have a grid-tied battery bank.
  3. Contact a Florida solar power installer. Choose one that is offering the latest solar battery bank tech. Make sure they’re fully certified! (We are).

Install This Year to Save Thousands of Dollars!

Did you know that you can save thousands of dollars on your Florida solar installation if you get started in 2021?

That’s thanks to Florida’s solar tax incentives. In 2021, you can save 26% on your solar installation costs. On a $30,000 installation, that would be $7,800!

But don’t delay! By 2024, those federal tax credits will drop to 0% – it’s going down every year.

Read our in-depth here to see if you’re eligible for 2021 Solar tax credits in Florida.

Home Solar Battery Bank Installation in Florida

Are you interested in installing a solar battery bank in Florida? Contact us today! Call (727) 667-9955 or schedule a consultation.

With decades of experience, we’ll help design and install the optimal solar system that brings you the best return on investment.

Florida Power Services “The Solar Power Company” is the Sunshine’s states leading solar power installer and would love to help you save thousands of dollars in 2021.

How Much Solar Do I Need?

How much solar do I need? How many solar panels do I need? These are common questions for anyone looking to install solar power in Florida.

How much solar do I need? How many solar panels do I need? These are common questions for anyone looking to install solar power in Florida. The answer lies in your current energy usage. So, dig out your recent energy bills. Here’s how to work out how much solar you need:

Use Our Solar System Sizer Tool

We’ve got you covered with a handy tool that will calculate how much solar you need. Here’s how it works:

Step 1

  • Get out your energy bills.
  • Take note of the highest, middle and the lowest daily kWh usage. Or, if you have 12 months of bills to view, you can take the highest, middle, and lowest monthly power bills and use those instead. (If you don’t have this information available, your energy company should be happy to provide it to you).

Step 2

  • Use our calculator to calculate your average kWh usage or monthly cost.

Step 3

  • View our chart on our solar sizer calculator to see how much solar you need.

Example Calculation – How Much Can I save?

Here’s a quick example of how much you could save. We’ve used our system size calculator:

  • Highest daily kWh usage: 53 kWh
  • Middle daily kWh usage: 42 kWh
  • Lowest kWh usage: 28 kWh
  • Calculated Annual Kilowatt Usage: 14,965

Using this calculation, our suggested solar system size would be an 11.59 kW system (Florida Power Company’s top seller). With an estimated production of 17,458 kWh per year and 1,455 kWh per month, here are the savings we could make: $2,254 yr / $187.83 a month!

How Many Solar Panels Do I Need?

Don’t worry; we’ll take care of calculating how many solar panels you need based on the optimal setup for your roof, location and how much you need based on your kWh demands.

Why Install Solar Panels?

So, you’ve worked out much solar energy you need. But, what next? It’s time to install your solar system. Here’s why:

Solar PV Reduces Electric Bills

As you’ve seen in our calculations, you’re going to save a lot through energy bill reductions. Using our example, over 20 years, you would save over $45,000! Regardless of your solar system size, you’ll save money. That’s a fact.

It’s a tested and proven method. Take those sun rays and convert them to electricity on your own property. Power your lights, appliances, TVs, computers and more – with your very own solar panels.

Net Metering

Better still, you can get money back through net metering. Net metering is when you feed your excess solar power generation back into the grid. You get rewarded for it by your energy company. Even more savings!

Solar PV is Better than Hybrid Heaters

As the price of solar installations in Florida has dropped in recent years, the benefits of heating your water with solar electricity have gone up. Water heaters are notoriously energy thirsty and a primary cause of high electricity bills.

With solar panels, you’ll be powering your water heater with consistent free energy—no need to worry about those long showers as much anymore. If you’re producing enough electricity, you can have them as long as you want – because you’re not paying bills!

Sunlight Hours for Your Location in Florida:

Worried about whether you’ll get enough sunlight hitting your solar panels in Florida? Fear not, it’s called the ‘sunshine state’ for a reason:

  • January: 6.9 hours
  • February: 8.2 hours
  • March: 8.4 hours
  • April: 9.3 hours
  • May: 10.9 hours
  • June: 10.7 hours
  • July: 10.8 hours
  • August: 9.5 hours
  • September: 8.9 hours
  • October: 7.6 hours
  • November: 6.5 hours
  • December: 6.3 hours

Average daylight hours source.

Average Appliance kWh Consumption

If you want to go deeper into how much solar you need, you can analyze your appliances. On average, annual appliance energy consumption looks like this:

  • Refrigerator: 600 kWh
  • Air Conditioning Unit: 215 kWh
  • Central Air Conditioning:1,000 kWh
  • Electric Vehicle: 3,000 kWh
  • Heated Swimming Pool: 2,500 kWh
  • Hot Tub (outdoor): 3,300 kWh
  • LED TV: 432 kWh
  • Desktop computer: 194 kWh
  • Laptop: 150 kWh

What Affects Solar Panel Efficiency?

Many factors come into play here—for instance, the angle of your roof or shade from nearby trees. At Florida Power Services, we always design solar systems to provide optimal year-round energy production.

The quality of the panels also matters. Some companies use cheaper materials than we do, which results in poor absorption of those sun rays. Be wary of entire solar roofs made of solar tiles, too; their aesthetic qualities come at the price of less being efficient than regular solar panels.

What About Battery Size?

Solar batteries capture the unused solar power generated during the day, saving it for when you need it at night or during low-sunlight days. When planning battery setup, we consider:

  • Your average kWh demands.
  • How long you’ll need the battery to provide power for during the night or cloudy days.
  • The best return on investment for your plans, so you can begin to make a profit ASAP.

Grid or Off-Grid?

A significant factor in decking your solar power system setup and size is whether you want to be connected to the electricity grid or not. If you’re grid-tied, you have the space to rely on the grid’s energy at all times, including during the night.

But if you go off-grid, you need to be sure you’ll have enough energy throughout the day – so usually, more space is given for extra kWh demands.

Off-grid solar systems are completely disconnected from the main grid. They’re often used by people looking to live in rural areas with a 360 green vision. Solar batteries are a must in off-grid solar systems and usually require more solar capacity than grid-tied systems.

Act Now to Save Thousands of Dollars in 2021!

You could pay thousands of dollars on your solar installation in Florida if you delay.

That’s because of solar tax incentives in Florida. In 2021, you can save 26% on your solar installation costs. On a $30,000 installation, that would be $7,800!

By 2024, the federal solar tax credits will drop to 0%! We’ve seen customers in the past regret delaying their installations, as they missed out on higher tax credit savings. Don’t miss out!

Read our in-depth here to see if you’re eligible for 2021 Solar tax credits in Florida.

Solar Power Installation in Florida

Are you interested in installing solar power in Florida? Contact us today! Call (727) 667-9955 or schedule a consultation.

With decades of experience, we’ll help design and install the optimal solar system that brings you the best return on investment.

Florida Power Services “The Solar Power Company” is the Sunshine’s states leading solar power installer and would love to help you save thousands of dollars in 2021.

Solar Tax Incentives in Florida – Act Before Summer 2021!

If you’re looking to go solar in 2021, then solar tax incentives in Florida can help with the installation costs in the form of a tax rebate.

If you’re looking to go solar in 2021, then solar tax incentives in Florida can help with the installation costs. But, you need to act fast – both to gain solar tax credits and to avoid volatile solar equipment price increases.

Here’s why you need to lock in pricing now:

Solar Tax Incentives in Florida 2021

Solar tax incentives in Florida are fantastic for anyone installing new solar panels and batteries in 2021. Regardless of how much your solar installation costs, they will save you thousands of dollars.

This year, you can save 26% thanks to solar tax incentives in Florida. That’s the equivalent of $7,800 on a $30,000 installation.

The Time to Act is Now!

But time is always running out. Each year the solar tax incentives in Florida drop. By 2023, it will be 22% and in 2024, 0%!

There is no guarantee the recent extension to solar tax incentives in Florida will happen again. Solar tax credits have been slashed for years – it was 30% back in 2019.

We’ve had many customers regret delaying back in 2019, as they pay far higher now. Make sure you’re not one of them. Act now and save thousands of dollars.

Solar Equipment Price Rises!

COVID-19 has been reaping havoc on the solar power industry too – and that has had a knock on effect on customers.

Key materials, panels and shipments have all been delayed since the start of the pandemic leading to high competition in the U.S.

That’s caused prices to rocket and customers forced to either face long waiting lists or pay over the usual price.

The fear now is that solar equipment prices are forecast to rise again this summer!

Glass Shortage Crisis

Countries like India and Australia are already feeling the heat, as China faces a worrying glass shortage. That’s caused glass prices to rise by 71% since July 2020 and we could be about to see the same situation this year.

Some forecasts suggest the solar industry could be 20-30% short of glass until summer 2022 – so act now to avoid these rising costs!

Problems in the manufacturer of modules have also caused rising costs throughout the industry.

Make Sure You’re At the Front of the Queue!

With COVID-19’s impact on everyday life hopefully reaching its conclusion soon and people ready to return to spending their earnings and stimulus checks, there is likely to be a queue for solar power installation.

With Florida Power Services, we’re well-stocked to serve your installation in 2021. But we urge you to act fast and avoid the competition we expect later.

Being stuck on a waiting list could see you miss out on 2021’s solar tax incentives in Florida, and the same goes for 2022. Whether you’re a homeowner or a commercial property owner, being at the front of the queue could be the difference between spending thousands of unnecessary dollars and saving thousands.

Am I Eligible for Solar Tax Incentives in Florida?

In order to save thousands of dollars in 2021 through solar tax incentives in Florida, you need to be able to say yes to the following criteria:

RESIDENTIAL SOLAR TAX CREDIT REQUIREMENTS

  • The solar installation must start before the end of 2022 and provide energy for your home.
  • You must be the property owner, not a tenant.
  • You must own the solar panels, not be leasing them.
  • All electrical and fire code requirements must be met.
  • Solar systems purchased with loans are also eligible.

BUSINESS SOLAR TAX CREDIT REQUIREMENTS:

  • The solar installation must start before the end of 2022 and provide energy for your home.
  • The solar system must be used by someone paying U.S. income taxes.
  • The above does not apply to schools, charities, churches and other tax-exempt organizations.
  • The energy generated cannot be used to heat a pool.

What Expenses are Covered by Florida Solar Tax Incentives?

You can save 26% on the following Florida solar installation expenses:

  • Solar PV panels or PV cells
  • Contractor labor costs for everything from onsite preparation to permitting fees.
  • Installation and balance-of-system equipment, including wires, mounting and inverters.
  • Energy storage devices charged exclusively by solar panels – such as battery backup banks or off-grid battery systems.

How Do I Claim Solar Tax Credits?

When filing your tax return, you should:

  • Check your installation starts before December 31, 2021.
  • Collect any receipt related to the cost of solar installations and solar power.
  • Fill out the IRS Form 5965.
  • Add the Tax Credits to Form 1040.

Florida Solar Tax Incentives on New Residential Homes

If you’re a homeowner who bought a newly built home in 2021 with solar and owns that system, then you’re eligible for Florida Solar tax credits.

However, if you lease the solar system or purchase electricity from the system through a power purchase agreement (PPA), then the tax credits will be claimed by the company that leases the system or provides the PPA.

Consider Our Fixed Rate Solar Loans in Florida

Want more financial help? Then consider our Florida fixed rate solar loan – at just 0.99% APR!

Your monthly payment will be less than the utility bill, ensuring you can install solar in Florida ASAP and start earning money back through net metering.

Limited Funding Available

Our fixed-rate solar loans in Florida are limited, so you need to act fast to secure your spot soon before someone else does!

Our relatively new financing option has gathered significant interest, so places are going fast.

Solar Power Installation in Florida

If you need help with your Solar tax incentives in Florida or are interested in a solar power installation in Florida, then contact us today.

Florida Power Services “The Solar Power Company” is the Sunshine’s states leading solar power installer and would love to help you save thousands of dollars in 2021.

One last reminder if you didn’t get the memo: Lock in pricing now! No delays, no regrets!