An investment in PV can be an expensive proposition. To completely power a 42KWH / day electrical habit (my house) you require a 6KW system and a generous 7 hours of sunshine (bank on 6 at best). At $9 / watt installed – $54K (minus $2K fed, $18K state) that still leaves $34K to finance. A better idea is to tackle the hungriest appliance first – the water heater. This device uses up to a third of electrical usage – 14KWH / day in my case. A solar water heater cost me $3900 installed – I should get back $500 state incentive and $1170 FED (30%) – leaving $2230 to recoup. At 10 cents a KWH thats $42 / mth savings – or 5 years ROI give or take. Heated water is kept hot in a tank – so the benefits span cloudy days – and water is hot at night. Solar water heating generates further benefits – the home user sees the savings – and can see the light at the end of the ROI tunnel, the leap to PV may make more sense. Also, the 42KWH / per day appetite is now 28KWH – a 3KW system along with the conservative nature that comes with PV ownership will just about delete an electric bill. Also, you do something now – a year of the sun heating your water may see lower $/watt install prices, bigger incentives, etc.
Put in a solar water heater first – it saves about a third of your electrical usage, whets your appetite for PV, lowers the amout of PV you need, and almost half is covered with rebates.
I would break even to cut the power company out. They are at an endless increase….
I’d be interested in knowing the cost benefit comparison of solar hot water to tankless hot water, which is also reported to generate great savings.
i would like to know if the power that be.Have thought of any type of incentive. That would give a real incentiv for the Sr.population. They could realy use the savings it would give but it would take to long to realize the help. We have the need. the place and the time.to give it a try we could be the test group to show how well it works. And the time to record the the way it works. I would be glad to be a test paintent.
how can i find the status of my rebate for solar water heater
IF SOLAR IS SO GOOD WHY CAN’T THEY MAKE IT MORE AFFORDABLE FOR THE AVERAGE PERSON
I really want to do this (I live in sunny Fort Lauderdale), but the state rebate of $20,000 has been exhausted, and it doesn’t look to be renewed. Take away the $20,000 and it’s pretty tough to make the business case for equipping a PV system. Depressing! I would love to hear other thoughts on this.
Regarding Mary’s question about the comparison between tankless and solar water heaters, I did a little searching. A lot of people ask about them as an alternative.
Tom Lane, author of Solar Hot Water Systems says: “Tankless water heaters do save space, but not much energy. Numerous tests by independent third parties, have shown only 10% savings versus conventional electric water heaters and 15% to 20% savings versus energy efficient conventional gas water heaters over a 24 hour period. Most manufacturers of these expensive water heater systems exaggerate the savings. Daily savings quotes of 25% or higher versus modern electric or gas water heaters are simply not true. In 2004, hot water manufacturers were required to add additional insulation to all water heaters, making instantaneous water heater savings more insignificant. Tankless water heaters have serious problems with scaling in hard water areas.”
Pretty LAME when the gov’t of a State (FL) with a whopping population of 19,000,000(!), and so much solar exposure, allocates a measly $5MIL for incentives! Of course it’s already gone, since that’ only 250 homes @ $20K each! And every participating business is eligible for up to $100K, which comes from the same pool, and knocks 5 homes out of contention.
Am I the only one who smells the stench of UTILITY LOBBYIST opposition all over this? GRRRrrr…
In the State of Florida I would think it would be more beneficial if we could run the air conditioners instead of just the water heaters. It should be made more cost effective to the average home owner and for once consider the people not the “profit margin”
From the FPL web site
The solar rebate program is very popular and successful. Due to the large volume of rebate applications received the budget approved for FY2008-2009,$5 million, was exhausted. When all of the funding was exhausted for FY2007-2008, the state continued to accept applications, placing the applicants on a waiting list. This list of approved applications has now reached the $5 million mark and will absorb all of the FY2008-2009 funding upon appropriation. The solar rebate checks will begin to be delivered in mid-July.
I have heard about plans to build your own solar panels at a reduced cost. What are the caveats for that? Thanks.
hi people
There is a program in California to help senior citizens on fixed incomes install solar in their homes. There is an urgent, urgent need for this in Florida now. Progress Energy has been granted, by the Republican appointed PSC, a huge rate increase. Think about summer in Florida without air conditioning. Think about 95 degrees and the humidity of summer for seniors and those with heart and other health problems not being able to run the air conditioning. This is a health emergency in the making and the governor and legislator don’t give a damn.
The federal incentive is now 1/3 the cost with no cap.
I’m embarrassed that my state of Florida does not have a more progressive solar program. There should be a solar panel on every roof in the state. Why is this so difficult??? When logic fails, follow the money trail…..
What an absolute great way to start and continue the enviroment! The solar water heaters are extremely benefitial financially and enviromentally. I have recently joined a company that speciallizes in solar water heaters as well as panels to heat pools during the cooler months….much more interested in the water heaters. I’m in the central Florida area, if anyone would like some feedback or information e-mail me @ Moore1716@gmail.com
Hey Beth, that’s why California is bankrupt and Florida isn’t. When the government gets involved in free enterprise, it wrecks the industries. Just look at the auto industry that was forced to finance all the development of all the hybrid cars that no one wants.
If they want to save POWER than where are the 25 watt electric bulbs, I can’t find them. Remember that they save and you PAY !!
Jim
Energy Reality in RI:
I have recently started a solar company in RI (neastsolar.com) and I am shocked at the lack of action of people in the North East when it comes to energy conservation. There are still many thousands of homes and business in the North East that have not taken advantage of low cost quick pay back energy efficiency improvements. When you add them all up they have a far greater impact on our environment, local econemy and road to energy independence than alternative energy. Some of us that have lived through the energy conservation years of the 70’s and early 80’s have made the necessary efficiency improvements to our homes and businesses and are ready for alternative energy. We in the Northeast seem to only react when energy prices reaches deep into our pocket. The new President should ASAP consider taxing oil to keep the energy conservation and the alternative energy ball rolling.
Taxing a commodity to force consumers to another product?, a little regressive thinking for a progressive business owner. I want the gov’t to tax all of my competition too.
I’m so close to putting a 3.12 kW system on my home in South Fl but I’m worried about the rebate from the state and the Fed incentive. Two questions:
1-Does anyone know if they are going to replenish the State Rebate money?
2-Is the Fed rebate 30% with no cap, or is $2000?
Both of these will factor in on my decsion. I’m looking at either $10,000 or $22,000 depending on the rebates!!!! BIG DIFFERENCE.
Kel,
For sure, the Fed rebate is now 30% with no cap. The cap was removed at the end of 2008. I’m not sure about timing on the Florida state rebate. We’ll try to dig something up for you in the next week.
Cheers,
- Dan
nice presentation, seeking full system in stages or on one shot
I want to be in the manufacturing process. Live in Florida. What kind of education do I need to land a job in Alternative Energy which I am wanting to do a career change to?
Hello over there.I live in germany and was looking for some infos about what is going on now with alternative energy in the us.
I and alot of people here own a solarwater heating system here and it works good.My system is just for the hot water storage but lot of people have it combined with the heating system.
Last dec i decided to invest in a solar energy system.That works too but we get a high support from the energy supplier.
the energy suppliers are forced by law to buy your solar energy for 0.48 cents per kw for systems set up in 2008.2009 is it 0.43 cent now.To compare for the energy i take from the grid i pay around 18 cent.
If i would live in florida i would definately check if i my roof would be a good location for a system.But heat is not good for modules because with rising heat the power production lowers.
If anybody is looking in further info feel free to mail me.:U.Matzel@hotmail.com
i think that pv panels are the way to go, but the expense is still to large. but i have been working on cutting my electric bill to its bare minimum. At the moment i have it down to 46.00 dollars for the month. between a timer on my hot water heater, and not using my A/C. Thank God for a great breeze. People look at cutting your usage and then re figure your needs in a system. plus look into having a spray foam roof installed. r7 per inch on your roof means that your attic won’t heat up. Just an idea… Thxs
Solar does rock, I have played with solar for several years and have now powered my entire outside with soft mood lighting plus run 1500 gallons of water thru 3 turtle ponds 24-7. I am really thinking of giving up my job of over 20 years to work in solar but do not really know were to start. any hints would be a great help
I am a x-fossil fuel project manager and sales rep. I am seeking manufacturing principals to represent in FL and GA.
Thanks, Ron
Southeast Energy Services, LLC
Are the state rebates for solar power generation treated as taxable income? If so, this seems to be overlooked on most webpages devoted to solar incentives. Can anyone give me an authoritative answer? I learned this at: http://seia.org/galleries/pdf/SEIATaxManual_v3-0_FAQ.pdf
Can you give updated cost benifit analysis? These numbers apear to be at least 2 years old.
State of Florida rebate should not be considered taxable income, per DEP. See http://www.dep.state.fl.us/energy/energyact/files/faq_solar_rebates.PDF
Note that this is an old document and that the comment that the Federal tax credit would be reduced by the FL rebate is no longer valid. This was repealed in the Feb. 2009 Recovery Act legislation.
I just think a more appropriate stimulus package would have been once that concentrated on renewable energy. Creation of jobs, protection of our environment and get the economy going again. Instead of giving billions to financial institutions we should have given every household a PV system free of charge.
Net-Metering has got to be in place for wide residential and commercial use, and to keep power companies honest. The German system that makes it financially advantageous to invest now rather than later by using a declining rate of return year by year should also get potential alternative energy customers off the fence and into the game. Investors like to have a baseline rate of return and guaranteed buyback rates and fixed installation costs get that done.
Love all the info here. I want to get a good idea about what a solar hot water system should cost, installed. We have about 1,200 sq ft, 3 adults, and want a system that is self-sufficient. That is, with PV to run the pump and electric for backup only.
Hey, Amy.
Solar Hot water’s great!…from what we’ve heard! Right now, we’re trying just to keep up with all of the solar PV/electricity technology and financing and rebates. But of these days, we hope to get to hot water too.
Fossil Fuels will only increase in price. 10 years from now you will be kicking yourself for not installing PV / solar water heaters. Have vision, nothing in life is free.
[...] updated the rebates and incentives available in the great State of Florida. The good news for Floridians is that we’re tentatively bumping our SolarPowerRocks [...]
Hi there! Thank you so much for this. As an employee of Brite Sky Solar in Jacksonville, we appreciate all you do in spreading the word on solar. One question though. In your example you show the ‘tax credits’ as being multiplied off the ‘after rebate’ price of 15k. My understanding is that the Federal Tax credit of 30% is on the amount paid, before rebates. From dsire.org: http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=US37F&re=1&ee=1
If this is not true, please let me know as I want to make sure our customers receive the most accurate answers to their FAQ!
Thanks again
Brad, there is a document linked to that dsireusa.org link your comment. It’s this FAQ from the solar energy society.
In that document, it states–for home owners–
A rebate received by a homeowner in a residential context usually does not have to be reported as
income when the rebate is received from the local utility. A homeowner who does not report the
rebate as income takes a “tax basis” in solar equipment equal to the net amount he paid. In other
words, if the solar equipment has a gross cost of $20,000, but a rebate from the local utility pays
$2,000, then his tax basis in the equipment for purposes of calculating the residential tax credit is
$18,000.
This is what we’re going by. HOWEVER, we are not tax people and there may be other interpretations with the law. That said, most of the solar software estimation calculators that I work with….agree with the above for home owners. Commercial/businesses, I believe you are right …or can be right, depending on the advice of your tax dude/attorney.
You Do Not calculate the 30% FTC after you minus the Rebate. Case in point. Our company was the first to install a commercial customer who just received their FTC from the (DOE) Dept. of Energy for 30% of the total price. The cost of the 25kW PV Solar System was $167,500. The check was sent 2 and 1/2 months after the DOE application was received on September 21, 2009, for the exact amount of $50,250.00 . (Which is 30% of the contract price.) Do you honestly believe the Depart of Treasury issued a check on behalf of the DOE, for the wrong amount?
Ecowise,
You’re absolutely right…for commercial installations. For residents, that formula is not so clear, and guidance we’ve given for residential installs (which are the majority of our readers) is that the 30% is deducted after any state rebate. This comes from the American Solar Energy Society (ASES).
Also, residents are NOT eligible for a tax grant (cash!), which is what your company received. Residents are only eligible for a tax CREDIT, which they can use like cash towards paying whatever they owe the IRS on April 15th. Now, let me hedge a little here, because the actual tax form that gives all official rules for applying that tax credit for residence has not been been written, but again, this is our understanding from the ASES advice. The good news is the IRS will eventually be clearing this up and people will know one way or another. If you do get to take it off the top, tax dudes that I’ve talked to say then it’s going to be INCOME, which is taxable, and then it kind of works out to to the be the same amount.
But for simplicity’s sake, residents should take the 30% after any rebates. Commercial people, you lucky solar people, can take it off the top, but it may be taxed as income.
Great Information, you guys rock! Thanks for the updated information. I posted your State by State Solar Report here: http://www.nlvca.org/forum/showthread.php?p=4240#post4240
If any of you three guys want to be moderators under our “Renewable Energy Category” please email us we are always looking for informed individuals to get the word out about renewable energy. http://www.nlvca.org/forum/forumdisplay.php?f=35
Thanks for spreading the love Steve!
As of Oct. 30th there is only $640,252.50 left in Florida’s Solar Rebate Program for FY 09-10
Here is the link to verify:
As of Nov 9th, there is now only $12,464.50 left and they’re still only in June applications.
They’re essentially burning through $600,000 a week or $2.5 million a month.
I am interested in solar energy. However even with the incentives it is still cost prohibitive for me. Are there good web sights that inform one on how to build and enstall there own systems?
Lindsey,
Honestly, these DIY (Do It Yourself) kits that you see on the Internet for a couple of hundred bucks are not worth the time and money. Plus, there’s a lot of electrical code problems and they look like Frankenstien on your roof, you don’t qualify for any rebates, it’ll take you a long time to find the material and to make them… I could go on about the challenges. Honestly, though it pains me to say this, I’d rather you wait until you can afford solar and not go solar than to waste your time and money on these solar/wind kits. Solar rebates will come down in Florida there may be some low income programs. Check with your utility.
My neighbor had a solar hot water system installed during the Carter administration and it still works! All of his hot water has been free for decades, thanks to the government’s help. We need to expand governments involvement in helping cut costs rather than making investing into Florida’s power companies more lucrative to the stockholder. Yea Federal government, boo Republican legislature and their lobbiest handlers.
What a great resource! Now I have a place to send a lot of my visitors who keep asking me the same questions about state and federal level incentive programs. As you can imagine, the question comes up quite a lot during tax season. Thanks for again!
I just checked the FL site. No rebate money is left as of today 1/25/10. Maybe I should put this on the backburner!! Really too bad!
Cristine, you’re right. Thanks for the update. We hope the program will be refunded again either through a federal program or through Florida. Keep in mind that each utility may also offer a unique program as well, separate from the state. There are many solar hot water programs being offered from each utility. If you’ve got electric hot water, you’ll save huge. Check here or on this site to see if your utility has a solar or energy efficiency program for you.
Thanks again for the update.
when will florida funds be available for solar residence use ! ????
Norm, if we were political sages, we would be much more respected. Alas, we are simply solar geeks, and we cannot predict when the Florida legislator will gather its golden solar incentive eggs and lay them down for residents again. They are apparently focusing more on large scale utilities. Please yell at your legislator and governor. The greasy wheel…
Sorry we can’t be more help.
I have installed solar water system and a 4.8kw system here in Florida with the plans of the rebate from the state. Who would we get in contact to see when the money is approved?
I am wanting to install solar power to my private home. I’ve been told that there are so many grants out there. Where are they?
Hey, Margaret,
There is a Federal 30% tax credit available. In Florida, there are also rebates, but these run out of funding… and then get refunded. You need to check with a local installer whether there is funding again. You can also check this website, as they keep track of it more consistently than we do. Don’t know about any grants, but if there are any, that same website will tell you about it.
Hope that helps.
Seven Months to get this answer!!!
Dear Mr. Atwood:
Thank you for contacting Governor Charlie Crist. The Governor appreciates your thoughts regarding the Solar Energy System Incentives Program and asked that the Governor’s Energy Office respond.
Recently, Governor Crist recommended that $10 million be appropriated to the Solar Energy System Incentives Program, in his proposal for Florida’s budget for 2010-2011 fiscal year. Solar energy will play a critical role in the State’s increasingly diverse energy portfolio and Governor Crist remains committed to growing Florida’s market for renewable energy.
By way of background, the Solar Rebate Program is very popular and successful. Due to the large volume of rebate applications, the state has exhausted the available funding. Solar energy system rebates are issued by the Commission pursuant to Sections 377-801-377.806, Florida Statutes, and Chapter 27N-1, Florida Administrative Code, contingent upon an annual appropriation by the Legislature of the State of Florida for the specific purpose of funding solar rebates. The Commission, in accordance with direction from the Governor and/or Legislature, shall be the final determiner of the availability of any funds. Rebates can only be issued if funding is available, and the requirements of Sections 377-801-377.806, Florida Statutes and Chapter 27N-1, Florida Administrative Code, are met. The Solar Energy Systems Incentives Program is slated to sunset in FY2010 (See, Section 377.806, Florida Statute). The State will continue to accept applications until June 30, 2010 and place them on a waiting list in the event that additional funding becomes available.
Additionally as a concerned citizen, you have the opportunity to influence legislation by contacting your local legislative delegation. If you do not know who your senator or representative is, you can access that information at http://www.leg.state.fl.us/.
Thank you again for contacting Governor Crist. The people of Florida play an integral and vital role in achieving the state’s energy goals. For more information on Florida’s energy programs please visit http://www.myfloridaclimate.com.
Sincerely,
Governor’s Energy Office
________________________________________
From: Tom Atwood [mailto:tom@solarindependence.biz]
Sent: Wednesday, August 26, 2009 9:46 AM
To: Energy
Subject: Solar Rebates
Importance: High
Sirs,
With all the new green incentives in place and the climate as it is in Florida which is perfect for Solar!.
We have started a Solar Business, http://solarindependence.biz, Solar Independence LLC.
We only use Master Electricians with years of experience and a wealth of information on installs.
But we have ran into a snag with customers and all the publicity about the state being out of
money to fund the rebate program for residential customers. Potential customers have become
just that “Potential Customers” because they are worried that if they install a system they will
never get the rebates.
Should this be a concern and how do we approach this? Will the rebate program be funded for
the future?
Here is an excerpt from your page.
“SOLAR REBATE PROGRAM IMPORTANT NOTICE:
Current Backlog of Processed Solar Rebate Applications, as of January 29, 2009: $7.3 million
The State of Florida submitted an application for the SEP on May 12, 2009, to the U.S. Department of Energy.
This application included an appropriation of $5 million for the Solar Rebate Program and has been approved.
In addition, the State submitted an application on June 25, 2009 for the EECBG.
This application included an appropriation of $9.4 million for the Solar Rebate Program.”
If customers do install a system and present an application before the end date of the program will they
get their rebate?
We appreciate your time and effort for a response that we can give to our customer.
Thank You,
Solar Independence LLC
Free Power For Your Future!
How do we handle the tax basis of the system cost if we finance the project in partnership with the local utility?
35% was payable by customer to the contractor upon installation.
65% was financed through a partnership offered by the local utility wtih loan repayment over 48 months.
we installed mid year and made 6 loan payments, totaling about 8% of the total cost.
Should our system cost per tax return be the full 100%, or just the cash basis of 43% as what was paid during 2009?
If the latter then do we treat the residual payments as if it was a carryover or a subsequent investment in years 2 and 3?
Thank you,
A confused Residential Customer
This is a unique situation, Zubin. I really think the only way to get an answer is to ask guidance from your utility. You shouldn’t be the only one asking this question.
Florida House Senate passed a bill called PACE
http://www.flaseia.org/PressReleaseNews/Press/PACE%20Committee%20PR.pdf
It allows each city to pass bonds to support solar energy. As much as I want to see incentives for solar energy I’m afraid that this economy will stifle funding for future rebate incentives. I really don’t want to see Florida bankrupt by giving away money we don’t have!
Think about it, if your friends, sons or daughters asks for money you don’t have except using your credit cards to finance whatever, and you don’t have enough revenue from your job to replenish the bank, you go bankrupt.
Our State legislators need to pass RPS (Renewable Portfolio Standards) this will bring in investors to build solar farming and REC’s would be worth lots of mullah! Florida then could tax the REC’s thus having additional revenue. Municipalities could install solar farms and benefit from PPA’s and REC’s thus saving and making money. But we have the Energy logiest who don’t want revenue taken away from their constituents. Greed!
Please update this page to reflect the current situation in Florida, as of 4/30/2010. Not only are there no funds available moving forward in the current program, the State Rebate program altogether will cease to exist on 7/1/2010. People who were expecting to receive PV rebate money from the State of Florida totaling over $25 million will not receive the promised funding.
dear paul, how do you know? don
To all concerned, I just now spoke with Hannah in the Governor’s office. She informed me that there would be NO FURTHER rebates granted unless more funding became available. No further funding is anticipated at this time. Anyone whose application has been waiting (as has mine)in the queue for funding are out of luck! Write your legislators NOW!
What additional alternative energy activities is the state of Florida considering besides solar energy? I sent some time at an Atlatic Ocean beach recently and was amazed at the amount of energy being provided by the winds and the tides. Needless to say, none of the energy was being used except by a few para surfers using the winds to give them entertainment and exercise. I really feel that we need to be proactive and use these super natural resources that are currently not being used. Only an opinion, I am not an engineer, but I am sure the amount of wind and tidal energy lost at Ormond Beach could provide energy could provide electricty for many of the homes and businesses in the area. Please write, call, email, text city and state officials representing coastal Florida cities and towns to utilize theses unused natural resources.
I live here in Fl and i would love to have solar in my home. But my problem is that i’m a 100% disabled vet. I dont have any taxes to pay so the 30% tax credit dose not help me.Why dont they come up with something that will help the disabled. It sure would help.. thsnks
I heard recently of a program in California which rents the solar panels and maintains them and the customers pay the rent as part of their monthly bill. Even with the rent added, the payments are lower because of the energy savings. How can we make this happen in Florida?
I put solar panels on my roof last year only to find that when I filed with the state the rebate fund was empty and has not been funded in the 2010 budget. If the state does not put funds back into the program I am on the hook for over $34k instead of the $6k I was told to plan on. I understand I have company, about 7,000 other Floridians who went green, believed what they were told, filed within the stated time frame for the rebate and now are in the same boat I am. Now what?
FLORIDA IS NOT PAYING THE $500 REBATE. I put may solar Hot Water system in last November. I just call the Governers office and they said the program ran out of money and it is not a “garrunteed rebate”. I had to pry it of of him that I wasn’t going to get paid. I will never trust the State again
I’m another Floridian who installed a system in May 2009 on the belief that a rebate was available. I’m on the hook for almost $40,000. My rebate is Approved, but with no funds in 2010, and nothing apparent on the horizon, I’m not sure what to do. Write your representatives and let them know of the lurch you are in.
For now, DO NOT buy solar in Florida expecting a rebate. If anyone tells you about a Florida rebate in 2010, they are wrong.
Glen and the rest, I am in the same boat. I have a $20,000 rebate that I am waiting on. We need to write to our legislators to get them to act. Floridians need to be able to trust their government, especially when we are making large investments to protect our future. If you go to http://www.dotherightthingflorida.com there is a group that has broken down the state rebate by Senator/Representative. They have mailed out letters to each congressman on our behalf. check it out and sign up, there’s strength in numbers! If Floridians lose trust in our government with this rebate program, and all the solar contractors leave the state or find other jobs, there is little hope for solar for Florida in the near future. We need to act now and call for a special session (there is talk of this already) or some other form of action to fund the backlog and move the program forward.
In regards to the Florida Solar Rebate I would like to express my disappointment in the lack of funding at this time. These Rebates were heavily advertised in the state by the state and companies that install renewable energy systems. In the name of job growth, future investment in renewable energy sources, independence from oil, be it from the President, or Governor, this program was intended to do good and to entice to the inhabitants of the Sunshine State to use their sunshine for a better environment.
Lack of attention and quick action of the legislature will halt any movement in the preservation, kill the jobs that were created and unfairly disadvantage individuals and entities that were invited to invest in renewable energy and are waiting now for rebate funding since the end of 2009. Realizing that the State and Country are fighting a debt crisis (as well as all its citizens), a promise is a promise and it is unfair to reap the benefit by starting something and then let it die senselessly.
My family has invested $45,000 in renewable energy in 2009 and beginning of 2010, has applied for rebates, and been placed on a long waiting list that is lacking any evidence that funding will be made available in the future. Maybe it’s time to move out of Florida and find a place where people do what they say. I will be contacting the legislature to get feedback on this issue and guarantee that many Floridians that are trying to do the right thing are with me on this. LETS ORGANIZE AND CONTACT YOUR REPRESENTATIVES IN THIS MATTER
To those of you waiting on your FL rebate, I do hope you get it. But at the same time, you should have been more careful in your decision making. I too “almost” took the plunge and got an expensive solar pv package. BUT, I read the fine print. The state was being upfront in that the rebate was NOT guaranteed. They never promised the rebate or guaranteed it. They’ve never promised or guaranteed refunding. It was on their website for all to see. I did my research. By last September, it was already evident that the program was very popular and running out of money. Personally, I think the pv rebate was a bit “too” generous. I could easily tell back then, I would be gambling on the rebate. I based my decision making and pay back period on no rebate getting fulfilled and just 30% off the total amount. I wonder how many people that are still on the hook for the rebate never bothered to check with the state and simply took their solar “salesman” for their word. Every single solar company I called regarding the rebate was not completely honest regarding the rebate. Only when I pressed hard, did they admit that the rebate was not guaranteed. But none offered that info upfront. Some even did terrible tax math. The federal tax credit is on the amount AFTER you discount the florida rebate. ALL OF THEM, every single one, was confident in their belief that more funding would be supplied and to not worry. Who knows, maybe more funding will be supplied. But will enough funding be supplied to take care of every single last person on the list?
For those of you that truly understood and knew the rebate was not guaranteed and went ahead anyways, you knowingly gambled. Only time will tell if you win or loose. You didn’t do anything. The state has NOT done anything wrong either.
For those of you that did NOT know, you need to learn that unfortunately you can never trust salespeople and you need to research stuff yourself.
I wish the best to all of you, and good luck!
Colin. If you scroll all the way to the top you will see my post after I put in Thermal water heater. Prices have dropped A LOT since then. I know I have paid for the water heater by now. I just put in 3.22 Kw voltaic, the website I put together (http://sites.google.com/site/solarmation/) was to share anything I could to help others do the same.
Installed prices seem to be around $8 per watt; I performed the installation myself – except for the Master electrician – for $3.9 per watt. Still will take some time to recoup, but that is not why I put in solar (or the thermal water heater 3 years ago for that matter). Almost 100% of the people that ask about my solar install ask how long the payback is. I ask them how many years before the income from their flat screen TV, in-ground swimming pool, or boat pays for it!
The permit was probably the hardest – as there was not a lot of information on what was needed, and some confusion that the FSEC needed to approve my design. I put all the documents I eventually turned in on my site. Permit is important – as utility will not put a meter in without it.
Frankly, I did this myself because I could not afford to do it otherwise. If cost is the only thing holding you up, look into doing it yourself – you then become the contractor, and you sub-contract out any parts you are not comfortable with. Master electrician is a requirement, but a roofer may be needed as well.
Remember – components are tax free, tax refund is 30% of total cost, power generated EVERY month will add up. And, we do not know if REC, feed-in-tariffs, or state funding may come in the future. If you are on this site – you want to do it – it WILL pay for itself eventually anyway, and when you drive around in your Leaf, Volt, or other EV and you are asked how much it cost to run – say “nothing, I have a filling station on my roof!”
Hi i do not know why solar cost so much the material cost about $4 bucks a watt they want $9 bucks a watt installed. 4x 5000 watts = 20.000 9×5000watts= 45.000 thats 25.000 to install sounds like too much to me
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