Florida legislators are looking to boost solar installations for businesses in state via tax breaks, and they are leaving it up to the people to decide. Wednesday the legislature voted to put a clean energy amendment, HJR 193, on the August primary ballot that will give businesses two different tax breaks when they install solar panels on their properties.
A companion measure, HB 195, was also passed that would set a 2017 deadline to establish the rules to implement the tax credits if voters approve it. Under the amendment, lawmakers would be required to enact tax credits that exempt the assessed value of renewable energy devices from property taxes as well as exempt the products from the tangible personal property taxes by 2018. Once the tax incentives are in place, they will last for 20 years.
Among renewable energy associations, there was much rejoicing. The Advanced Energy Economy (AEE), the Solar Energy Industries Association (SEIA) and Vote Solar applauded efforts of Senator Jeff Brandes (R-St. Petersburg) and Representative Ray Rodrigues (R-Fort Myers) for giving Florida citizens an opportunity to weigh in directly on a measure to stimulate deployment of more solar energy.
“We applaud and thank Senator Brandes and Representative Rodriguez for their leadership on this legislation which will give Florida citizens an opportunity to weigh in directly on expanding solar energy across the state,” said Trish Fields, Vice President, State Partnerships and Strategic Engagement at AEE. “In 2014, the advanced energy industry in Florida, inclusive of solar energy, was valued at $6.2 billion. We look forward to seeing the continued growth of the industry thanks to policies such as this that will allow for economic growth in the Sunshine State.”
“All across America, big and small companies alike are going solar because it’s good for business, and this legislation marks an important step toward bringing those same energy options and economic benefits to the Sunshine State. We applaud Florida lawmakers’ leadership on this issue, and support the business community in its efforts to clear the way for investment in job-creating, cost-saving solar power,” said Scott Thomasson, Director of New Markets at Vote Solar.
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“This legislation creates tax fairness for the solar energy industry and will enable the industry to grow in a state with significant solar energy potential,” said Kristen Thornburg, Southeast Regional Manager at SEIA. “We applaud the bill sponsors and the Florida legislature for acting to create solar energy jobs in the Sunshine State.”
“Florida has tremendous solar resources and with increasingly competitive utility-scale solar power this proposed tax abatement would drive more investment across the state,” said Colin Meehan, Director of Regulatory and Public Affairs at First Solar, a leading global provider of advanced PV solar systems. “We have demonstrated to our military, utility and commercial clients, that solar delivers affordable, clean and reliable energy at a predictable rate.”
First Solar, the largest U.S. based solar panel manufacturer, is supplying photovoltaic modules to Coronal Group for use in three solar plants being built on U.S. military installations in Southern Florida: Elgin Air Force Base, Holly Naval Base and Saufley Naval Base will soon be home to solar energy plants capable of generating 120 megawatts of alternating current capacity of electric power, collectively.
“We are proud to be headquartered in Florida and this proposed tax abatement would encourage more businesses to go solar in our home state,” said Gary Kassem, Founder and President, of SunConnect, based in Naples. “We applaud our state leaders who see the economic potential of solar and want to break down barriers and stimulate growth of this clean energy source, using our vast solar resources.”
Based in Naples, SunConnect specializes in uniquely tailored solar energy solutions for large-scale commercial, industrial, and retail clients.
“Thank you to SEIA and Vote Solar for their support regarding HJR 193. The passage of this resolution gives Florida the opportunity to remove tax barriers that currently discourage Florida businesses from utilizing solar and other renewable energy devices,” stated Representative Rodrigues. “This would be a tax cut that is long overdue in the Sunshine State and will provide voters the opportunity to make a positive change on the August 2016 ballot.”
“It was clear to me in my first few meetings with AEE that the organization’s business-focused approach to advanced energy technologies would prove to be an invaluable resource to me in passing the solar-related constitutional amendment,” said Sen. Jeff Brandes. “I am grateful for the expertise and data they provided to me this session and look forward to working again on a business-minded approach to shaping Florida’s energy policy.”
If approved by the voters in August, the legislature is authorized to exempt tangible personal property tax on solar or renewable energy source devices installed on commercial and industrial property. This reflects an extension of the existing tax abatement for solar and renewable energy devices on residential property. Once implemented by the legislature, the tax incentives would begin in 2018 and extend for 20 years.
— Solar Builder magazine
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