Lock in Historic Incentives Before They’re Gone
Proposed changes to the Inflation Reduction Act (IRA) could significantly reduce the value and timeline for claiming the highest solar tax credits in history. Acting now could protect your ability to capture these unprecedented financial benefits.
At the same time, Florida’s utility rates continue to escalate at historic levels—with additional increases on the horizon. By contrast, solar provides a fixed-cost energy solution, making it more financially attractive than ever to invest in a long-term energy strategy that stabilizes your operating costs.
- Solar Carports
- Rooftop Solar
- Ground-Mounted Systems
- Floating Solar
- Battery Energy Storage Systems (BESS)
With over 750 completed projects totaling more than 297 MW, our licensed and insured team delivers turnkey solar solutions that maximize incentives and long-term performance.
AGT’s ability to structure contracts that qualify for safe harbor allows you to lock in current tax credit levels with little to no risk—giving you the flexibility to move forward quickly or pause if needed, without losing today’s financial advantage.
Let’s revisit your solar goals and help you capitalize on today’s advantages—before new legislation closes the window.
Florida Utility Rate Escalation
Record-setting rate hike proposal: A major Florida utility has proposed nearly $9 billion in base-rate increases over the next four years—one of the largest in U.S. history. If approved, residential bills could rise by 22% (about $360 annually) by 2027, with commercial rates seeing similar increases (foodandwaterwatch.org).
Rising commercial electricity costs: Florida’s average commercial rate is now 11.88¢/kWh, roughly 10% higher than last year, reflecting a broader trend of nationwide utility inflation (energybot.com). This makes fixed-cost solar energy more financially attractive than ever.
House Version (H.R. 1 – One Big Beautiful Bill Act)
Commercial/Utility ITC and PTC: Terminate for projects
- beginning construction more than 60 days after enactment, and
- placed in service after 2028 (www.congress.gov)
Senate Committee Draft
The Senate Finance Committee’s revised proposal, introduced June 16, softens the House bill but still tightens credits
Commercial ITC/PTC phase-out tied to construction start
- 2025: Full value (30% ITC/maximum PTC)
- 2026: 60%
- 2027: 20%
- 2028+: zero (www.taxfoundation.org)
Recommendations for Stakeholders
- Commercial/utility projects: Plan construction timelines around the 2025 start cutoff.
- Industry advocates: Continue influencing Senate negotiations to preserve key incentives.
These shifting conditions create a narrow window of opportunity to:
- Secure the full 30% federal tax credit before potential early expiration,
- Begin construction quickly to meet tightened federal deadlines,
- Protect your business from escalating energy costs through long-term, fixed-rate solar.
Concerned about rising utility bills?
Florida commercial rates have jumped nearly 10% in the past year, and major utilities are proposing historic increases through 2029 (paradisesolarenergy.com, states.aarp.org, foodandwaterwatch.org).
Meanwhile, Congress may eliminate the 30% solar tax credit by the end of 2025 and impose strict new construction deadlines.
For Florida businesses, this could be a last-chance window to secure full incentives and hedge against future utility volatility.
