The Florida Legislature has passed a bill that will give a renewable-energy tax break to commercial and industrial properties with solar installations.
The measure (SB 90) was sent to Gov. Rick Scott on Thursday after passing the Senate unanimously. If signed into law, businesses that install solar panels to their properties would not have to pay additional property taxes from the increased value of adding such devices.
“The voters of Florida spoke loud and clear in support of an expanded solar market in the sunshine state,” said Sen. Jeff Brandes in a statement. “Reducing property taxes on solar and renewable energy devices will bring more solar energy to Florida. The unanimous support of the legislature shows that we are dedicated to expanding the share of renewables in our energy portfolio, and I am excited to continue to advocate for energy reform.” [read full article]