Florida Power & Light Company has reopened applications for its solar PV rebate program, initially launched in October last year which amounted to US$4 million. It will begin on Thursday, May 3 at 8.30am local time for customers seeking incentive funding for installing a solar PV system this year, with an additional US$3.3 million for solar water heating programs. Rebates will be offered on a first-come, first-served basis for residential and commercial facilities.
FPL suggests that customers who are interested in applying for the solar rebate to prepare in advance of May 3 and have all the necessary components of the application ready. Funds are expected to run out quickly, so interested customers should plan to apply for rebates as soon as the application period opens.
“We know FPL customers throughout Florida are interested in owning solar systems for their homes and businesses, and we are once again offering assistance with the upfront costs,” said Marlene Santos, FPL's vice president of customer service. “We encourage interested customers to act as fast as they can to take advantage of these rebates because the available funding is limited.”
The programme states that residential solar PV systems will be provided with US$2,000 per kW of the rated direct-current output of the system up to a maximum of US$20,000. For business systems, the rebate will be up to US$50,000 per site during the life of the program and will be calculated as: US$2 per DC watt nameplate rating of the solar panel up to the first 10kW; US$1.50 per DC watt nameplate rating of the solar panel from 10kW up to 25kW; and US$1 per DC watt nameplate rating of the solar panel greater than 25kW. Businesses with multiple locations can receive a maximum combined rebate of up to US$150,000 per funding year.
Program details and application checklists are available now at www.FPL.com/solarrebates