Florida Public Service Commission to Vote on Net Metering

On Tuesday March 4th the Florida PSC (Public Service Commission) Will vote whether or not to enforce Net Metering in Florida. Currently Florida power companies are only required to pay 4-5 cents per KWH of excess, much less than the rate consumers are actually charged. With net metering these companies will be required to credit retail billing prices to those customers who are contributing to the power grid with Solar or Wind grid-tie systems for a year, after which any remaining credit will be paid to the customer at the utility’s avoided cost.

This is a huge opportunity for Florida residents to realize an even faster return on investment for Solar Electric systems installed in their home or business.

Things are looking brighter for the Sunshine state!
Original Story: here

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