Thursday, March 6, 2008

State of Florida
NEWS RELEASE
3/4/2008
Contact: 850-413-6482

Florida Public Service Commission Approves Net Metering and Interconnection Rule

TALLAHASSEE — Florida’s Public Service Commission (PSC) today ratified its December 18, 2007 decision on a rule addressing net metering and expedited interconnection standards. The Commission considered comments received from participants in the rulemaking proceeding but made no changes to the rule.

The net metering rule is intended to promote the development and interconnection of customer-owned renewable generation, and minimize costs for customers attempting to interconnect to their utility. It encourages the development of renewable generation by: (1) expanding the size of eligible systems from 10 kW to 2 MW; (2) expanding the type of eligible systems from solely photovoltaic to all renewable technologies; (3) expediting the interconnection of customer-owned renewable generation; and (4) allowing customers to offset consumption through net metering.

“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.”

The PSC is committed to making sure that Florida's consumers receive their electric, natural gas, telephone, water, and wastewater services in a safe, affordable, and reliable manner. The PSC exercises regulatory authority over utilities in the areas of rate base/economic regulation; competitive market oversight; and monitors safety, reliability, and service.

For additional information, visit www.floridapsc.com.
Also of interest is: South Florida Business Journal Article - click here

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