- Florida Building Owners Going Solar: Legal Considerations
- January 24, 2017 | Author: Chris Delp
- Law Firm: Shumaker, Loop & Kendrick, LLP - Tampa Office
- As the cost of customer-sited solar power-generation plummets, more and more commercial and industrial electric customers are turning to solar power to cut their energy costs.
After federal income tax credits and accelerated depreciation, which together equal just under sixty percent of the total amount invested in the solar equipment, the equipment typically pays for itself in energy savings in a few short years.
The Solar Industry Practice Group at Shumaker, Loop & Kendrick, LLP, advises commercial and industrial electric consumers on each aspect of installing solar energy systems, including regulatory compliance, financing, negotiating with contractors, and monetizing tax credits.
Considerations such as ownership structures, landlord-tenant relationships, mortgages on the property, and negotiations with solar installers are some of the more prevalent legally significant components involved in installing solar energy systems, and our attorneys provide experienced counsel to allow our clients to efficiently navigate each step on the way to energy savings.