• Florida's “Solar Energy System Incentives Program” rebates
$4 per Watt for Solar Electric systems from 2000 to 25,000 Watts,
up to a maximum rebate of $100,000!
• The Federal "Business Energy Tax Credit" is a 30% tax credit
for solar investments, with no cap – through 12/31/08!
• Under MACRS, Solar property can be fully depreciated in 5 years!
Solar Energy Saves Money
The Return on Investment for Solar Electric Systems (including rebates, tax
credits, depreciation and 2008 electric rates) can be higher than 10%!
These returns will only increase over the years as energy prices increase!
The price of the electricity from your own Solar Electric System will never
increase! Protect your business from rising energy prices!
Customers want to buy from green businesses
All over the world, businesses have found that the "Green Bottom Line"
affects the "Black Bottom Line". Let your customers know that your company
is doing a big part to lessen our dependence on foreign oil and leave a
safer, cleaner world to our children!
How it Works
Solar cells are made of photovoltaic materials
(typically silicon) that produce a small voltage and current when exposed to
light. A multitude of these cells are connected in arrays inside each solar
panel by the manufacturer. A multitude of solar panels are connected in
arrays in a typical PV system by the installer according to the desired
voltage and current. There are 2 basic types of Solar Electric (PV) Systems:
Grid-Tie: These systems must be connected to the utility company’s power grid. There are no batteries or other energy storage. The DC solar power is converted to AC by an “inverter” that is synchronized and connected to a building’s electric service thereby reducing the net amount of power drawn through the utility company’s meter and resulting in a lower power bill. Grid-Tie systems will not provide power at night or during power outages, but are the most cost-effective type of solar electric system.
Off-Grid: As the name implies, these systems do not need to be connected to the utility company’s power grid. The PV array is used to charge batteries. The batteries power DC loads such as motors and lights and/or power inverters that convert the DC power to AC power. Off-Grid systems will cost more than Grid-Tie systems due to the cost of the batteries, but have the advantage of providing power in remote locations, at night or during power outages.
Learn More
Florida Solar Energy Center - Solar Electricity Basics
