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Originally Posted by jimjamuser
Very informative post. I wonder if states other than Florida, have better policies for their electric companies buying back electrical energy from the homeowner. I somehow got the impression that Florida discouraged solar energy buy-backs? I really don't know?
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Quote:
Originally Posted by UpNorth
Connecticut is great for home solar power installations. You make a watt, they give you a watt. Installed 28 panels back in 2011 and haven't paid for electricity since then. Connecticut electricity rates are crazy, so solar panels make sense. Not so much in Florida, where electricity is much cheaper and they don't deal with you on a watt-per-watt basis.
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Florida encourages affordable energy for ratepayers. One of the primary reasons Connecticut and many other states energy rates are significantly higher is because regulators mandate utilities include solar and other cost inefficient sources be included in their portfolio of energy sources. Forcing utilities to by back unused energy (net metering) from small solar producers increases their costs, which are passed on to ratepayers.