Homeowners and Businesses Who Invest in Renewable Energy Could Get a Tax Break under Plan
by Mary Ellen Klas (Miami Herald) Legislators revive the debate over renewable energy in Florida with a Senate bill that promises tax credits for companies and homeowners.
…The bill, SB 7202, would allow for large companies, such as large as Walmart and Publix, as well as individual homeowners, to get sales tax breaks and tax credits if they invest in renewable energy machines, products and technology.
Renewable energy includes everything from solar panels to bio-fuels, wind farms and tidal power. …It includes algae among the list of authorized bio-fuels.
…Under current law, the PSC is allowed to pass on the fuel costs to customers each year as well as pass along the cost of planning for projected nuclear power plants. FP&L customers, for example, will see a fuel charge this year of about $1.87 per month for every 1,000 kilowatt hours of power used, according to the company, and $1.52 per month to pay for nuclear projects. READ MORE