Florida Public Service Commission

07/22/2024 | Press release | Distributed by Public on 07/22/2024 07:30

PSC Reports Consumer Renewable Generation Continues to Rise

State of Florida
Public Service Commission

NEWS RELEASE

Jul 22, 2024
Contact: 850-413-6482
PSC Reports Consumer Renewable Generation Continues to Rise

TALLAHASSEE - As in past years, more consumers are generating and using renewable energy, according to electric utility reports filed with the Florida Public Service Commission (PSC). Over the past year, customer-sited renewable generation installations increased approximately 31 percent, and electric generation capacity from these systems increased 32 percent (see chart). Solar photovoltaic panels continue to be the most popular renewable choice.

Florida PSC's interconnection and net metering rule promotes development of customer-sited renewable generation by establishing a billing mechanism that allows customers to offset their usage through self-generating energy. Any excess energy delivered to the grid is applied as a kilowatt-hour credit to the customer's monthly energy usage. Since the rule's adoption in 2008, the number of renewable systems has increased from 577 to 249,521 interconnections.

Florida's investor-owned utilities (IOUs)-Florida Power & Light Company; Duke Energy Florida, LLC; Tampa Electric Company; and Florida Public Utilities-are required by the rule to offer an expedited interconnection agreement process so that homeowners and businesses interested in generating their own energy can do so quickly and safely.

Municipal electric utilities and rural electric cooperatives are also required, by statute, to provide a standardized interconnection agreement and net metering program for customer-sited renewable generation systems.

Florida's utilities reported the following information on customer-sited renewable generation for 2019-2023.

Individual utility reports on customer-sited renewable systems and summary data are available on the PSC's website.

Residents interested in learning more about interconnecting renewable generation systems or net metering should contact their local utility.

For additional information, visit www.floridapsc.com.

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