Articles tagged "taxes"

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Does adding solar panels increase your property taxes?
If you’re a homeowner who’s ever done a major home renovation, you’ll know that certain upgrades will mean an increase in property taxes. When you do a home renovation, in most municipalities this will involve getting permits for things like electrical, plumbing, or construction work. When property tax assessment time rolls around, the assessor’s office will typically review any permits for the property. If it looks like significant renovation work was done, your taxes could go up.
Photo of a Florida coastline.
FAQs - Florida net metering and solar incentives
Is net metering available in Florida? Yes. Net metering is available to customers who generate electricity using solar energy, geothermal energy, wind energy, biomass energy, ocean energy, hydrogen, waste heat or hydroelectric power. This basic policy includes investor owned utilities, municipal utilities, and electric cooperatives. You should check with your utility for additional details. Here’s a list of website links to net metering information for the major utilities in Florida:
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Solar Investment Tax Credit: everything you need to know (2021 update)
Big news! The federal tax credit for homeowners and businesses that install solar, which was previously set to expire, has been extended for two years. Disclaimer: I'm a solar nerd, not a tax nerd. Please consult a tax professional for authoritative advice on this issue. This tax credit, often called the Solar Investment Tax Credit, gives homeowners and businesses a break on their federal taxes worth 26% of the gross price of a solar photovoltaic system.