Florida Renewable Energy Property Tax Exemption
| Program Type | Property Tax Exemption |
|---|---|
| Technologies | Solar Hot Water Heating, Photovoltaic systems, other renewable energy systems. |
| Amount | Maximum of 8% of assessed property value |
| Who Can Apply | Property tax payers |
| Official Web Site | Florida Tax Department Statute |
Florida property owners who have renewable energy systems installed can save on their property tax bills. Florida deducts the cost of the original system, plus installation from the property tax assessment, lowering the property owner’s tax liability.
The exemption does have some limits. During the first year of operation, the exemption is prorated for the number of months the system is in service. The exemption is for a maximum of 10 years. The tax exemption cannot exceed 8% of the total property tax value.
