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mia's JournalFlorida Voters Pass Amendment 4; Tax Breaks For Solar Energy
Source: CBS
MIAMI (CBSMiami/AP) Voters in Florida have approved a constitutional amendment thatll provide property tax breaks for people who install solar panels on their homes.
Amendment 4 was placed on the ballot by a unanimous vote in both chambers of the Legislature. The increased value to a home from the installation of solar panels or other renewable energy devices cant be considered when assessing homes to determine property taxes.
The amendment also removes Floridas tangible personal property tax, which taxes solar equipment installed on properties. Without it, leasing solar systems will be a more profitable business in Florida. Right now, despite abundant sunshine, Florida lags nationally in solar power production. Solar arrays are getting cheaper but are still costly, so providing more access to leasing for all property owners will increase the sun power generated in the state.
Environmentalists and business interests supported the measure....
Read more: http://miami.cbslocal.com/2016/08/30/amendment-4-would-make-solar-cheaper-for-property-owners-2/
A good start.
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