This sales and use tax exemption applies to solar energy systems and components, as well as equipment used to produce, store, transport, compress, or blend green hydrogen, which can be created using biomass, geothermal, or other renewable energy sources. Chapter 212.08 of Title XIV of
The Florida Commercial Property Assessed Clean Energy (C-PACE) program allows owners of eligible commercial and industrial buildings to finance up to 100% of their renewable energy and other sustainability improvements. Hundreds of projects qualify, but an example of an eligible improvement for PACE funding is
Florida offers a property tax abatement for renewable energy property, which is defined in Title XIV, Chapter 193.624 of the 2022 Florida Statutes as equipment that collects, transmits, stores, or uses solar energy, wind energy, or energy derived from geothermal deposits.Â
Florida offers a sales and use tax exemption for machinery and equipment used in the production of steam energy, including green hydrogen and other renewable fuels. The exemption further extends to the purchase of machinery and equipment primarily used in the production, storage, transportation, compression,
The Farm to Fuel initiative began in 2006 and tasks the Florida Department of Agriculture and Consumer Services with deploying renewable energy measures, enhancing the market for biomass from Florida-grown crops, and educating the public about the benefits of using renewable energy and alternative fuels.
This sales tax refund applies to taxpayers seeking a refund of Florida sales tax accrued and paid after July 1, 2012, on materials used to distribute biodiesel, ethanol, and other renewable fuels. As described in Rule 5O-2.001 of the Florida Administrative Code, this refund is
This investment tax credit allows eligible taxpayers to seek credits for corporate income taxes equal to 75% of all eligible costs. Rule 5O-2.002 of the Florida Administrative Code defines eligible costs as capital costs, operation, and maintenance costs, and research and development costs incurred between
This credit applies to corporate income taxpayers who own interest in a Florida renewable energy facility and are seeking a tax credit toward corporate income tax. Rule 5O-2.003 of the Florida Administrative Code describes the application and eligibility requirements.
Florida’s Innovation Incentive Program, described in Title XIX, Chapter 288.1089 of the 2022 Florida Statutes, describes the eligibility criteria for businesses to receive awards from the state for promoting high-value research and development, innovation, and alternative and renewable energy projects. Housed under the Department of
Florida’s Renewable Energy and Energy-Efficient Technologies Grants Program provides matching grants for demonstration, commercialization, research, and development projects relating to renewable energy technologies that increase the efficiency of either vehicles or commercial buildings. Chapter 377.804 of Title XXVIII of the 2022 Florida Statutes describes the
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The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions.Â
