Energy Incentives for Businesses
Florida's Clean Energy Investment
Provides direct investment funding to businesses promoting energy efficient and renewable energy products and technologies in Florida.
Florida Sales Tax Exemption of Electrical Energy Used in an Enterprise Zone
A 50% sales tax exemption is available to qualified businesses located within an Enterprise Zone on the purchase of electrical energy, if the municipality has reduced the municipal utility tax by at least 50%. Download the application for the exemption of electrical energy used in an Enterprise Zone.
Florida Public Utility Business Energy Audit
Free energy audit for businesses using electric or natural gas.
FPL Services is a subsidiary of Florida Power & Light Company, and are a service provider, not a product vendor. They provide cost-effective technologies for business, including lighting retrofits, HVAC installations and improvements, central cooling plants, backup generating systems, energy management control systems, motors, boilers and steam systems.
Florida Power and Light Business Custom Incentive: Rewarding Energy Innovation
FPL has an incentive for businesses with energy-saving innovations that will trim at least 25 kilowatts from FPL's summer peak electricity demand (April - October, 3 p.m. - 6 p.m.). The amount depends upon the type of project and how much energy will be saved for FPL customers in the future. Projects must pass the FPSC conservation test.
Florida Power and Light Incentive for Business Building Envelope
FPL helps pay for window treatment, roof and ceiling insulation, and reflective roof measures that keep the heat out.
Florida Power and Light Water Heating
FPL helps pay to install a heat recovery unit or heat pump water heater. You'll benefit by lowering your hot water costs by 50 percent or more and reducing your air conditioning costs.
Florida Power and Light Energy Efficient Cooling and Heating
FPL will help you pay for high-efficiency direct-expansion (DX) split/packaged air conditioning and heat pumps, energy recovery ventilation, demand control ventilation, chillers and thermal energy storage systems.
Florida Power and Light Free Business Evaluation
Florida Power and Light Refrigeration
FPL's program pays an incentive for the installation of three energy-efficient technologies that can help minimize condensation through anti-sweat heater controls, hot gas reclaim, and special glass doors, in order to more efficiently operate the strip heaters that control the condensation that forms on refrigerator and freezer display case doors.
Lake Worth Utilities - Energy Conservation Rebate Program
The Lake Worth Utility program contains the following rebates: Air Conditioner/Heat Pump: $250, Clothes Washer: $100, Dishwasher: $75, Refrigerator: $100, Programmable Thermostat: $25, Refrigerator: $100, Ultra-Low Flush Toilets: $100
Federal Tax Deductions for Commercial Buildings
A tax deduction of up to $1.80 per square foot is available to owners or designers of new or existing commercial buildings that save at least 50% of the heating and cooling energy of a building that meets ASHRAE Standard 90.1-2001. Partial deductions of up to $.60 per square foot can be taken for measures affecting any one of three building systems: the building envelope, lighting, or heating and cooling systems.
Federal Department of Energy Innovative Technology Loan Guarantee Program
The loan guarantee program has been authorized to offer $8.5 billion in loan guarantees for projects that employ innovative energy efficiency, renewable energy, and advanced transmission and distribution technologies.
Federal Renewable Electricity Production Corporate Tax Credit
The tax credit is a per kilowatt hour tax credit for electricity generated by qualified energy resources from landfill gas, wind, biomass, hydroelectric, flowing water, small hydroelectric, wave energy, and sold by the taxpayer to an unrelated person during the taxable year.
Federal Business Energy Investment Tax Credit
The tax credit for solar water heat, solar space heat, solar thermal electric, solar thermal process heat, photovoltaics, wind, biomass, geothermal electric, fuel cells, CHP/cogeneration, solar hybrid lighting, microturbines. In general, the original use of the equipment must begin with the taxpayer, or the system must be constructed by the taxpayer. The equipment must also meet any performance and quality standards in effect at the time the equipment is acquired. The energy property must be operational in the year in which the credit is first taken. Credits are available for eligible systems placed in service on or before December 31, 2016.
Federal Corporate Tax Deduction for Energy Efficient Commercial Buildings
Deductions of $0.60 per square foot are available to owners of buildings in which individual lighting, building envelope, or heating and cooling systems meet target levels that would reasonably contribute to an overall building savings of 50% if additional systems were installed. The deductions are available primarily to building owners, although tenants may be eligible if they make construction expenditures. In the case of energy efficient systems installed on or in government property, tax deductions will be given to the person primarily responsible for the systems' design.
Deductions are taken in the year when construction is completed. Includes: equipment insulation, water heaters, lighting, lighting controls/sensors, chillers , furnaces , boilers, heat pumps, central air conditioners, caulking/weather-stripping, duct/air sealing, building insulation, windows, doors, siding, roofs, comprehensive measures/whole building.
Federal Modified Accelerated Cost-Recovery System (MACRS)
Businesses may recover investments in certain property through depreciation deductions. The MACRS establishes a set of class lives for various types of property, ranging from three to 50 years, over which the property may be depreciated. A number of renewable energy technologies are classified as five-year property, often known as the energy investment tax credit or ITC to define eligible property. Such property currently includes variety of solar-electric and solar-thermal technologies, fuel cells and microturbines, geothermal electric, direct-use geothermal and geothermal heat pumps, small wind (100 kW or less), combined heat and power (CHP). The provision which defines ITC technologies as eligible also adds the general term "wind" as an eligible technology, extending the five-year schedule to large wind facilities as well.
In addition, for certain other biomass property, the MACRS property class life is seven years. Eligible biomass property generally includes assets used in the conversion of biomass to heat or to a solid, liquid or gaseous fuel, and to equipment and structures used to receive, handle, collect and process biomass in a waterwall, combustion system, or refuse-derived fuel system to create hot water, gas, steam and electricity.
U.S. Department of Treasury Renewable Energy Grants
Grants to tax-paying entities placed in service in 2009 or 2010, or placed in service by the specified credit termination date, if construction began in 2009 or 2010. The guidelines include a "safe harbor" provision that sets the beginning of construction at the point where the applicant has incurred or paid at least 5% of the total cost of the property, excluding land and certain preliminary planning activities.
Solar, fuel cells, small wind turbines, closed biomass facilities grants are equal to 30% of the basis of property; Combined Heat and Power (CHP) grant is equal to 10% of the basis of the property. Partnerships or pass-thru entities for the organizations described above are also not eligible to receive this grant, except in cases where the ineligible party only owns an indirect interest in the applicant through a taxable C corporation. Grant applications must be submitted by October 1, 2011. The U.S. Treasury Department will make payment of the grant within 60 days of the grant application date or the date the property is placed in service, whichever is later.
Energy Incentives for Residential
State Sales Tax Exemption on Solar Energy Equipment
This sales tax exemption deals with solar water heat, solar space heat, photovoltaics, solar pool heating: the equipment and hardware that provide and are used for collecting, transferring, converting, storing or using incidental solar energy for water heating, space heating and cooling, or other applications that would otherwise require the use of a conventional source of energy such as petroleum products, natural gas, manufactured gas or electricity. Vendors of solar energy systems or components are required to document exempt sales.
The Florida Solar Energy Center certifies to the Department of Revenue a list of eligible equipment and hardware. Download the list.
Florida Power and Light - Residential Energy Efficiency Program
Florida Power and Light (FPL) offers rebates to residential customers who replace their central air conditioning system or heat pump with a more efficient one, add building insulation or conduct a duct/air sealing test and repair in their home. Utility rebates depend on system size and efficiency rating and range between $140-$1,950 for 2.0-5.0 ton A/C with a SEER rating between 14-20, ceiling insulation up to $300; duct system test and repair up to $60.
Florida Public Utilities (Gas) - Residential Energy Efficiency Rebate Programs
Florida Public Utilities offers the Energy for Life Conservation Program to its residential natural gas customers to save energy in their homes. Customers can receive rebates for installing new energy efficient natural gas tankless water heaters, tank water heaters, heating systems, stoves, and clothes dryers. The rebate amount depends on whether the customer is replacing existing natural gas equipment or converting from electric to natural gas. Interested customers who live in south Florida should call 877-437-8427.
Florida Public Utilities (Electric) - Residential Energy Efficiency Rebate Programs
Florida Public Utilities offers the Life Conservation Programs to its electric residential customers to improve the efficiency of their homes. Owners of multi-family residences who install geothermal heat pumps in their complexes can receive a rebate of $500 per unit. Owners of single family homes qualify for a free energy use warranty when they purchase and install a geothermal heat pump. Florida Public Utilities also offers a free energy audit to their residential customers. Once the audit is complete, if necessary, customers can receive $100 rebates for upgrading their old A/C units or heat pumps, and for improving their homes' ceiling insulation levels.
Federal Incentives for Vehicles
Find out how you can save money through Federal tax incentives on your purchase of a new hybrid, plug-in hybrid, lean-burn, alternative fuel, or electric vehicle.
Federal Tax Credits for Residential Renewable Energy
30% personal tax credits on residential solar water heat, photovoltaics, wind, fuel cells, other solar electric technologies.
Federal Tax Credits for Residential Energy Efficiency
30% personal tax credits on residential water heaters, central air conditioners, building insulation, windows, doors, roofs.
Federal Residential Loan Program
Loan program for residential energy efficient improvements for solar water heat, photovoltaics, or, a loan program to increase home buying power with the purchase of a new energy efficient home.