Pace Solar Program Florida

Get quick and easy approval for home improvement financing.

Pace solar program florida.

This is essentially a 26 discount on your solar system. The 26 solar tax credit known formally as the investment tax credit itc allows tax paying homeowners to claim 26 of their solar system s cost as a deduction on their income taxes. The unique characteristic of pace assessments is that the assessment is attached to the property rather than an individual. Hundreds of projects qualify.

View recent pace developments. Property assessed clean energy pace program florida what is the 26 solar tax credut. Click your state to find pace programs operating in your area. Residential pace is currently offered in california florida and missouri.

It was created to facilitate and finance energy efficiency projects renewable energy projects and or wind hardening projects for residents organizations institutions and businesses in participating municipalities in florida as authorized by florida statute 163 08. Pace is an innovative form of financing that offers a range of benefits not available through traditional financing options. Solar energy is florida s largest energy resource and even using current technology it would be possible for solar to provide 100 of florida s energy needs. Pace enabling legislation is active in 37 states plus d c and pace programs are now active launched and operating in 24 states plus d c.

Pace programs allow a property owner to finance the up front cost of energy or other eligible improvements on a property and then pay the costs back over time through a voluntary assessment.