Published on October 3rd, 2012 | by Nicholas Brown0
FPL to Open 2013 Application Period for Solar Rebate Program on Oct. 16
If you are a residential or commercial FPL (Florida Power & Light) customer, and you want to install solar power systems at your home for power generation or water heating, then you can apply to FPL for a solar rebate starting at 8:30 am on October 16, 2012 (yes, click through to that link to do so).
Residents and businesses can apply for the rebates. See below for details.
Photovoltaic Program for Residents
Residents can be granted up to $20,000 for their photovoltaic systems ($2,000 per kW of the generation capacity of the solar panels).
Photovoltaic Programs for Businesses
Businesses can obtain up to $50,000 per site, and businesses with multiple locations can receive up to $150,000 combined.
This is a reduction of $2 per watt of the solar PV panels’ electricity generation capacity. This applies to systems up to 10,000 watts (10 kW). And the savings for larger systems are $1.50 per watt for systems 10 kW to 25 kW in size, and $1 per watt for systems larger than 25 kW.
Solar Water Heating Program
Residents can receive up to $1,000 per solar water heater. According to the Florida Solar Energy Center, a solar water heater can cut a family’s water heating costs by up to 85 percent (mine cut my water heating costs by $100%, by the way).
Businesses can receive a maximum of $50,000 per site. Businesses with multiple branches can receive up to $150,000 combined.
Currently, $9 million of incentive funding is available for 2013.
These rebates are offered on a first come, first serve basis, so if you really need or want a solar system, hurry over to the website, because many people are quick to take advantage of these opportunities. The $9 million will dry up quickly.
This is the third year that FPL offered rebates for residents and businesses for the installation of solar systems.