NewEnergyNews More: Florida Voters Say Yes To Tax Money For Solar 73-27

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  • Tuesday, September 6, 2016

    Florida Voters Say Yes To Tax Money For Solar 73-27

    Florida Voters Pass Amendment 4; Tax Breaks For Solar Energy

    August 30, 2016 (AP via CBS Miamia)

    "Voters in Florida have approved a constitutional amendment that’ll provide property tax breaks for people who install solar panels on their homes [by a huge 73 percent to 27 percent margin]…The increased value to a home from the installation of solar panels or other renewable energy devices can’t be considered when assessing homes to determine property taxes…The amendment also removes Florida’s ‘tangible personal property tax,’ which taxes solar equipment installed on properties. Without it, leasing solar systems will be a more profitable business in Florida [which lags other states] nationally in solar power production…Environmentalists and business interests supported the measure…[Amendment 1, which will be on the Nov. 8 general election ballot, would] grant homeowners the right to install solar panels...[but would] allow local and state governments to continue regulating the use of solar power, including making sure that customers without solar are not required to ‘subsidize’ [solar owners]…Amendment 1 is not supported by the same coalition of groups that support Amendment 4, but is backed by utilities…” click here for more

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