Yes, there are both state and federal incentives to take advantage of! Floridians do not have to pay sales or property taxes for residential solar panels. With Florida’s Solar and CHP sales tax exemption, you can save 6% of what you would otherwise owe in taxes. Though the solar system will increase your property value, the Property Tax Abatement for Renewable Energy means that you will not pay additional property tax for your installation. And when you purchase solar and energy-saving products, you will qualify for the Federal Solar Investment 30% tax credit.