Existing Solar Financing Options
Jurisdiction
Monroe County
Local Government
 None


PACE program in certain
areas
PACE for unincorporated
areas is under development
Broward County

PACE program imminent

St. Lucie County

Miami-Dade
County

Municipal Utility
 Florida Keys Electric Cooperative
o Net metering
o Simple Solar community solar
program (lease of FKECowned panel, receive credit
for electricity generated)
 Keys Energy Services
o Net metering
City of Venice
Orange County


Solar and Energy Loan Fund
o Low-interest loans
for homeowners
o Low-interest loans
for businesses
PACE for commercial
properties (through Florida
Green Energy Works)
None
None
Alachua County

None

n/a
o
(only Homestead has a
municipal utility, and it offers
no incentives)
n/a
 n/a
Orlando Utilities Commission incentives
 Net metering (homes and businesses)
 PV production credit program (homes
and businesses) (essentially a feed-in
tariff)
 Low-interest loans through Orlando
Federal Credit Union (homes)
Gainesville Regional Utilities incentives
 Net metering (for both homes and
businesses)
 Feed-in-tariff (for both homes and
businesses) – suspended for 2014
Additional options
 Local
o Direct purchase by local governments and installation on government facilities
o



Opt in to statewide PACE program (Florida Green Energy Works)
 Local governments may opt in by resolution (opt-out fee for communities
leaving within two years of opting in)
Investor-Owned Utility Incentives
o FPL
 None
o Duke
 ?
o Gulf Power
 ?
o Tampa Electric
 ?
o Florida Public Utilities Corporation
 ?
State
o Net metering
Federal
o Residential renewable energy tax credit (30 percent)
o PowerSaver loans (three types)