Florida

Over the Next Decade in Florida, Advanced Energy Tax Credits Will Generate:

$143B New Private Sector Investments

$33.5B New Manufacturing Investments

SUCCESS STORY

Solar and Storage for Energy Resilience

  • Status: Operational
  • Location: St. Petersburg, FL (Pinellas County)
  • Congressional District: Florida 14th
  • Technologies: Solar and Battery Storage
  • Relevant Tax Provision: Investment Tax Credit (ITC)
  • Fast Facts: 
    • Across Florida, more than 240,000 homeowners have installed solar to generate their own electricity, save money, and become more energy independent.
    • Over the past decade, the cost of solar generation in Florida has fallen 37%, helping cut electric bills and save consumers money.
    • Solar and home battery storage have helped provide tens of thousands of hours to residents across Florida, keeping the lights on in the face of hurricanes and blackouts.
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SUCCESS STORY

Duette Solar

  • Status: Operational
  • Location: Manatee County, FL
  • Congressional District: Florida 16th
  • Technology: Solar
  • Relevant Tax Provision: Investment Tax Credit (ITC)
  • Fast Facts:
    • Duette is part of a larger investment by Duke Energy Florida to invest over $2 billion into solar development in the state, generating over 1,500 megawatts of affordable electricity for their consumers by the end of 2024.
    • The Duette Solar project generates approximately 75 megawatts of affordable electricity, enough to power roughly 23,000 Florida homes.
    • The project represents an investment of over $100 million in private capital.
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SUCCESS STORY

Jacksonville Solar

  • Status: Operational
  • Location: Jacksonville, FL (Duval County)
  • Congressional District: Florida 4th
  • Technology(s): Solar
  • Relevant Tax Provision(s): Investment Tax Credit (ITC)
  • Fast Facts:
    • Located near Jacksonville International Airport, the 9.5-megawatt solar facility generates approximately 17,000 megawatt hours of electricity per year for area residents.
    • This project supplies the Jacksonville Electric Authority (JEA) with affordable, price-stable electricity and allows JEA to offer more options to their customers.
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SUCCESS STORY

HOLA Elementary Rooftop Solar

  • Status: In Development
  • Location: Palmetto, FL (Manatee, FL)
  • Congressional District: Florida 16th
  • Technology(s): Rooftop Solar
  • Relevant Tax Provision(s): 
    • Domestic Content Adder
    • Direct Pay
  • Fast Facts:
    • In collaboration with Renaissance Arts and Education, Tampa Bay Solar and Regenerative, Shift will install 2 megawatts of rooftop solar at HOLA Elementary.
    • Direct Pay has enabled HOLA to take advantage of this new tax incentive, creating a cost-effective solution to providing reliable energy. Installations are scheduled to be completed in the summer of 2025. 
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If key advanced energy tax policies are repealed, new analysis indicates that the cost of energy for business, industry, and working families in Florida will increase over 4% by 2026.