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What do Solar buy-back rates mean for the Sunshine State?

Florida is one of 47 states that allow you to sell back your unused electricity (generated by solar power) to your local utility company.

Florida’s policy was set in motion in 2007 as a way to encourage the use of renewable energy sources as an economic driver for the state, and a way to save money through clean energy initiatives.

In a nutshell, the FPL net metering program is designed to compensate its customers for the energy they produce…

“FPL customers receive a smart bidirectional meter that tracks how much energy you use and how much excess energy you deliver to the grid so you can earn a one-to-one kilowatt-hour credit on your bill.”

Source: Private Rooftop Solar / FPL Net Metering Program

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