It’s official, Florida Public Service Commission has Approved Net Metering
Posted in: Solar Electricity, Building Green, Renewable Technologies, Green Legislation
Florida Public Service Commission Approves Net Metering and Interconnection Rule
Tuesday March 4th 2008 Florida’s Public Service commission (PSC) has voted and approved net metering and expedited interconnection standards.
The rule was made to promote grid-tie and interconnected customers (Wind and Solar Electric power production) and reduce costs for those customers by allowing them to realize a faster payback and a better return on their investment into renewable energy technologies.
It further promotes renewable energy by expanding eligible systems from 10KW to a full 2MW and expanded the systems to include not only solar electric (Photo voltaic) but all renewable technologies.
“This rule is expected to increase the development of renewable generation in Florida, which will enhance fuel diversity and reliability,” said PSC Chairman Matthew M. Carter II. “Customer-owned renewable generation also effectively acts as a conservation measure by reducing the amount of electricity purchased from utilities.”
News Release: here.
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