How To Get Free Solar Panels in Florida

Power Purchase Agreement (PPA)

The most common path to "free" solar is a Power Purchase Agreement directly between you and a state-licensed solar energy company. Under a "PPA", the solar company absorbs the full cost of the solar panel equipment and installation for you.

The solar company is technically the owner of the equipment, however, they are responsible for providing you with electricity produced from your home for a guaranteed fixed rate (unlike the unpredictable rising costs of traditional utilities). They are also responsible for any continued maintenance or repairs the solar system may require.

This can be a great option if you don’t want to buy or simply can’t afford to buy the solar panels outright. Even though the homeowner isn’t purchasing the actual solar system, they still enjoy the benefits of solar energy and save money on their electricity bills.

Florida State Solar Programs

Florida does not have a statewide rebate program, however, many local governments and utility companies offer their own solar incentives and programs, each with unique eligibility requirements. There are also statewide tax exemptions for residential and commercial renewable energy systems that can significantly offset the cost of going solar.

Considering how specific each program is to the details of your home, we strongly suggest you speak with a local solar expert to review all of your best options.

Additional Financial Benefits

In addition to these programs, there are many financial benefits for homeowners in Florida who switch to solar energy. Some of the biggest incentives and benefits are:

Federal Tax Credit: Formerly known as the Solar Investment Tax Credit (ITC), this program was extended in 2022 and renamed the Residential Clean Energy Credit. Homeowners who install solar can claim a massive federal tax credit worth 30% of the gross system cost (including panels, related equipment, wiring, installation, permits, and fees).

That means that if the gross system cost is $20,000, your federal tax credit would be a whopping $6,000!

Solar Renewable Energy Credits (SRECs): SRECs are financial credits that you receive automatically for the excess energy your solar system produces and distributes back to the grid. These credits come in the form of deductions from your bills or can even be sold for monetary payment based on market value. This is a great way to make some passive income from your solar panels and increase your solar savings!

Multiple Tax Exemptions: Homeowners with solar can receive a property tax exemption for the value of their system. This allows homeowners to increase their property values without increasing their taxes. The state also applies a Sales Tax Exemption to the purchase of the system, so residents won't have to pay the 6% FL state sales tax. So if your solar energy system costs $20,000 total, you’ll save an additional $1,200 off taxes!