Florida PSC's Decision to Make Renewable Energy Credits Available to All Floridians
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All Power Companies in Florida Now Approved toIssue Energy Credits for Customers with Grid Tie Solar and Wind Energy Kits Installed in Their Homes
I applaud the PSC's decision to implement a very favorable cost incentive state-wide to promote the use of customer-owned renewable energy. The concept of 'net metering' allows any excess power generated from alternative sources of energy to go into the grid and be credited back to the customer."
September 4, 2008, the Public Service Commission of the State of Florida ("PSC") approved agreements from five of the state's investor-owned power companies which allow residential customers to receive credit for electricity that they feed back to the grid from solar panels and other forms of renewable energy.
I anticipate increased sales for renewable energy systems throughout our communities, including commercial buildings with rooftops, which are also now eligible for net metering,"
The new measure applies to customers of Florida Power & Light (FPL), Progress Energy Florida, Gulf Power, Tampa Electric and Florida Public Utilities. The PSC also has expanded eligibility from renewable systems of 10 kilowatts or smaller to two megawatts, which means large businesses with solar panels occupying rooftops can now qualify for the program.
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