Visitors Now:
Total Visits:
Total Stories:

By Anonymous (Reporter)
Contributor profile | More stories

Story Views
Now:
Last Hour:
Last 24 Hours:
Total:

FPL to Open 2013 Application Period for Solar Rebate Program on Oct. 16

Thursday, October 4, 2012 0:50

% of readers think this story is Fact. Add your two cents.

(Before It's News)

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.

Florida home with solar panels.

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

For Residents

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).

For Businesses

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.

“We expect all funding for next year to be reserved quickly so interested customers should plan to apply as soon as the application period opens on October 16,” said Marlene Santos, FPL vice president of customer service.

This is the third year that FPL offered rebates for residents and businesses for the installation of solar systems.

Source: FPL
Photo Credit: solar panels on Florida home via Shutterstock