Commercial Government and Utility Incentives

Available Tax Credits

Federal

Business Energy Investment Tax Credit (ITC) This program gives businesses a 30% tax rebate for Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Photovoltaics (PV) electric. The tax credit is valid for products and labor and has no maximum credit. The program expires 12/30/2016

Treasury Grant Program-.As part of the American Recovery and Reinvestment Act, the US Department of Treasury is offering payments in lieu of tax rebates for business properties only. This is also known as the Section 1603 program. For more information about this program contact Superior Solar.

State of Florida

Solar Energy Systems Equipment Sales Tax Exemption

This law allows consumers to buy PV, solar water heaters and solar pool heaters without sales tax.

Local Utility Energy Credits

Utilities

Orlando Utilities Commission

The Orlando Utilities Commission (OUC), through its Pilot Solar Program, offers to purchase the environmental attributes or renewable energy credits (RECs) from customers who install a photovoltaic (PV) and/or solar thermal energy system on their property. Incentive payments are equal to $0.07/kWh for PV and $0.05/kWh for solar water heating (SWH) systems and appear in the form of a credit on customers’ monthly utility bills.