Cape Coral's Target Industries Offer Growth Opportunities
Discover the endless 
entrepreneurial business opportunities
offered by a Cape Coral location.

Economic Development Office | Green Industries | Solar Energy
Solar Industry Financial Incentives

Numerous federal and local incentives are designed to help locating renewable energy businesses in the area. Of special interest are photovoltaic energy technology manufacturers, R&D, and contractors.

In October 2009, the federal government announced their $3.4 billion plan to revamp the nation’s energy grids. The first part of the grant money, dispersed through 100 projects of private corporations, cities and utility companies nationwide, will allow installation of millions of “smart” electric meters in homes, automation of utility substations, and creation of thousands of new digital transformers and grid sensors. By facilitating the creation of a clean energy economy, building this 21st century energy infrastructure will help us lay a foundation for lasting growth and prosperity.

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Cape Coral Target Industries: Solar Energy Technologies

Florida Solar Energy Industry - Cape Coral

Cape Coral is an ideal location for solar energy technology manufacturers, researchers, and suppliers. Competitive advantages are close proximity to your markets and resources, as well as a ready and educated workforce.  The City offers three distinct investment zones, two industrial parks and two Foreign Trade Zones for a total of 3,844 acres of commercial/industrial land. Access to the region is through the state-of-the-art Southwest Florida International Airport (RSW), which is served by both leading cargo carriers and is designated as a Foreign Trade Zone.

Southwest Florida’s climate positions the region for further development of the solar energy technology sector. It is not surprising that Florida is home to the country’s leading solar thermal manufacturers. Solar technology manufacturers, distributors, contractors and retailers who provide solar hot water heating, solar swimming pool heating and solar electric (photovoltaic) systems as well as research centers and consultants will find an ideal business location in Cape Coral.

Solar energy is Florida’s greatest renewable resource and can provide consumers, government and businesses with a reliable source of electricity. Cape Coral has a high number of days with equal sunlight and a yearly average 2000 kWh/year sunshine rating.

Since the year 2008, Florida allows “net metering,” a type of billing where customers who create their own energy are able to send any excess power back to the utility and receive billing credit. Providing a means to interconnect renewable power systems or photovoltaic systems (PV) to the Lee County Electric Corporation (LCEC) and Florida Power and Light (FPL) power grids was a giant step forward in removing barriers and encouraging the development of the solar industry and renewable energy production in the county.

Examples of Solar Energy Industry Opportunities: 

Solar Technology Manufacturers
Solar Technology Research Centers
Solar Technology Consultants
Solar Technology Distributors and Retailers
Solar System Contractors and Installers

Our Economic Development Office is your primary resource for information on current trends and investment opportunities in Cape Coral. Please contact us directly with your questions or for detailed data.

Success Story

Fafco Solar is finding success in helping others to 'go green'.  The company's newest product, an innovative hybrid solar air conditioner, costs about 10-percent more than a high efficiency a/c system; but the solar unit can cut the amount of electricity used in half. Four units were already installed in SW Florida during the first half of 2010.  

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Resources

Florida Solar Energy Industries Association (FlaSEIA)

The City of Cape Coral is a member of the Florida Solar Energy Industries Association (FlaSEIA), a professional association of companies with an interest in the promotion and advancement of solar energy resources in Florida. The FlaSEIA website is a clearinghouse for association information. You can get the latest legislative information, download a membership application, learn about member services and keep up-to-date on national and state solar trends.

www.flaseia.org

Phone: 407-339-2010 or 800-426-5899             

Florida Solar Energy Center (FSEC)

Research Institute of the University of Central Florida in Cocoa, Florida.

www.fsec.ucf.edu/en/about

Resources

DSIRE. Database of Incentives for Renewables & Efficiency

DSIRE is a comprehensive source of information on state, local, utility and federal incentives and policies that promote renewable energy and energy efficiency. Established in 1995 and funded by the U.S. Department of Energy.

www.dsireusa.org

Cape Coral Construction Industry Association (CCCIA)  Green Council

A task force committed to educating and keeping the membership of the CCCIA updated on new trends and developments within the envelope of green building initiatives.

Phone: (239) 772-0027

E-Mail: information@cccia.org

Web: www.cccia.org

City of Cape Coral
Economic Development Office
City Hall
1015 Cultural Park Blvd.
Cape Coral, FL 33990 
P:  (239)  574-0444
F:  (239)   574-0452
T:  (866)   573-3089
Email: ecodev@capecoral.net
http://bizcapecoral.com

 
 

Copyright 2013 by The City of Cape Coral