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New Florida Net-Metering Law

Abundant Energy.com - 6/19/09

The interconnection of solar energy systems in Florida into the power grid has been slightly more than complicated for residential and commercial customers in Co-op or Municipal power areas. Last year the Public Service Commission passed a net-metering law that required all investor owned utilites, such as FPL and Progress Energy to Net-Meter small renewable energy generators. This was not so for small cooperative utilities and Municipal utilties such as Lake Worth Power in Florida, Sarasota.

By July 1st 2009 all Utilites in the State will have to have technology in place to accurately “buy back” excess daily generated power by solar energy systems such as Photovoltaics on residential and commercial properties. Not only are they required to buy back, but they are required to buy back at the rates at which the utility charges, up to 100% of the annual building usage.Full Story...

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