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Solar In the News:

Solar Source Institute received Licensure by the Florida Department of Education
On July 27, 2009, the FL Dept. of Education’s Commission for Independent Education (CIE) voted unanimously to approve Solar Source Institute as the State’s first stand-alone solar renewable training school.
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State Incentives
The Florida PV Financial Model for 25 KW PV Solar System for Commercial Business in 34% Tax Bracket
  • Installed Price (estimated @ $8 per Watt) -$200,000
  • Florida State Incentive ($4 per watt or $100K max) $100,000
  • Basis Adjustment for Florida State Incentive - $100,000
  • Less Federal Solar Tax Credit (30% w/no max.) $30,000
  • Less 1st Year Depreciation(34% tax bracket) $14,960
  • Less 1st year Energy Savings (based on 80% efficiency $4,015
  • Total 1st Year Cost (75% Return) - $51,025
The 25 KW System becomes a Positive Cash Flow within a few short years and this will continue for the next 40+ years of operation. Saving you ~40,150 KWh of electricity each year. Your 25 KW PV System will remove over 32 tons of air and ground pollution every year.

State of Florida tax rebates:  http://www.fsec.ucf.edu/en/media/enews/2006/2006-04-R1_Energy-act.htm

SunCatcher Program Grant Announcement

FlaSEREF is pleased to announce that its contract with the Governor’s Energy Office will now provide grants to our SunCatcher target market.  This market includes hotels, restaurants and condominium associations.  The grants break out like this:
 
1.       Solar Water Heating        $50/1,000 BTU      $15,000 cap

2.       Solar Pool Heating           $2,500 Fixed          $2,500/installation

3.       Photovoltaics                   $60/1,000 Watt     $1,500 cap

SunCatcher can help you:

• Navigate appropriate solar technologies
• Locate properly licensed solar contractors
• Understand available solar incentives
• Structure an employee/client information campaign
• Market your efforts towards environmental stewardship

APPLY NOW!  Click here to download the application form. For more information and program rules, please visit www.suncatcher-info.org or call 800-59SOLAR.

More State Incentives

The Energy Efficiency & Conservation Block Grant ($30 million), see link:
Proposed Federal Stimulus Allocation Plan – Energy Efficiency & Conservation Block Grant

The State Energy Program (SEP) Funds ($126,089,000), see link:
Proposed Federal Stimulus Allocation Plan – State Energy Program Funds
 
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