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Florida voters go big for solar in overwhelming approval of tax break
PV-Tech: Yesterday, 73% of Florida voters approved Amendment 4, a ballot measure that now makes solar and renewable energy equipment on commercial buildings exempt from property taxes for 20 years, beginning in 2018.
The victory, passed by a wide margin, is a big win for solar in the Sunshine State and will help propel Florida as a leading state in the industry. According to the Solar Energy Industries Association (SEIA), Florida has the third-highest solar potential in the nation, but is only 14th in actual installed capacity. Until now, it has been hampered by utility-friendly solar policies and a lack of a renewable portfolio standard (RPS).
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