SOLAR ENERGY BILL IN FLORIDA ~ GREEN TALLAHASSEE

5.18.2013

SOLAR ENERGY BILL IN FLORIDA

7:05:00 PM GT No comments

The Florida legislature recently passed House bill 277 which exempts the value of renewable energy devices from the assessed value of new and existing residential property. The bill awaits the governor’s signature to become law.

The exemption not only applies to solar energy systems, but also exempts wind energy and energy derived from geothermal systems. Once signed into law, any increase in the value of residential property, for property tax purposes, can’t be attributed to the value of a newly installed renewable energy device. It applies to assessments beginning January 1, 2014, and would remove homeowners’ concerns that the installation of solar thermal or solar photovoltaic (PV) system will inadvertently increase their property taxes.

Read the entire article at the Clean Energy blog.

Posted in: solar energy

We do not share personal information with third-parties nor do we store information we collect about your visit to this blog for use other than to analyze content performance through the use of cookies, which you can turn off at anytime by modifying your Internet browser's settings. We are not responsible for the republishing of the content found on this blog on other Web sites or media without our permission.