Thursday, March 6, 2008

Florida Power and Light - Sun Funds Solar-Electric (PV) Rebate Program


The Florida Power and Light (FPL) Sun Funds program offers rebates to its residential customers of $1.50 per watt for photovoltaic (PV) systems installed after December 1, 2007. Sun Funds are available on a first come, first served basis and will be distributed until 100 kilowatts (kW) of new solar electric capacity is awarded. Applicants must purchase and install the PV system through a certified licensed solar electric contractor. To be eligible for the rebate, the applicant must first qualify for state rebates* offered by the Florida Energy Office (FEO). A completed application may be submitted to FPL Sun Funds anytime after purchasing a PV system, but no later than 30 days after receiving a state rebate. Sun Funds rebates will be issued to qualified applicants upon confirmation that their application for a state rebate has been accepted by FEO, and as long as Sun Funds money is still available. See the program website for more information.

Incentive Type: Utility Rebate Program

Eligible Renewable/Other Technologies: Photovoltaics

Applicable Sectors: Residential, Multi-Family Residential, Low-Income Residential

Incentive Amount: $1.50 per installed watt

Eligible System Size: 2 kW to 7 kW

Equipment Requirements: All solar energy systems sold in Florida are required by Florida law (FS 377.705) to be approved by the Florida Solar Energy Center

Installation Requirements: Must be installed by a licensed master electrician or state-licensed electrical or solar contractor

Program Budget: $150,000

Ownership of Renewable Energy Credits: Remains with system owner


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