Advanced Energy Perspectives

Maria Robinson and Ted MacDonald

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With Passage of SB 90, the Forecast for Solar in Florida Gets Sunnier

Posted by Maria Robinson and Ted MacDonald

May 25, 2017 11:49:29 AM

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The Sunshine State is finally living up to its nickname. In early May, both chambers of the Florida legislature passed SB 90, the implementing legislation for Amendment 4. With Florida state government currently tied up in budget deliberations, SB 90 has not yet been delivered to Gov. Rick Scott. Once it has been, he will have 15 days to sign the bill or let it become law without his signature. With the mechanics for implementation nailed down, the constitutional amendment will extend important property tax exemptions for renewable energy installations, including solar, on both commercial and residential properties. Florida has long been a sleeping giant for the solar industry. Although it ranks third nationally in solar potential, the state is currently 15th in installed capacity. With passage of SB 90, Amendment 4 will fulfill its promise – and open up the market for solar in Florida, which is poised for takeoff.

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Topics: State Policy Update

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