Florida Public Service Commission approves enough utility-scale solar to power 1 million homes
The Florida Public Service Commission today unanimously approved Florida Power & Light Company’s comprehensive, four-year tariff settlement agreement developed in conjunction with the Florida Office of Public Counsel—the state’s consumer advocate—and the Florida Retail Federation, the Florida Industrial Power Users Group and the Southern Clean Energy Alliance.
The approved agreement, which was also signed by Vote Solar, the CLEO Institute and federal executive agencies, will gradually introduce new tariffs from 2022 and support continued long-term investment in infrastructure, clean energy and innovative technology — including what FPL says is the largest solar energy company. installation in the United States. FPL projects will keep typical residential customer bills well below the national average through the end of 2025.
“Backed by multiple consumer and environmental groups, this expanded agreement benefits all 5.6 million FPL customers and our state by keeping bills low and accelerating clean energy investments,” said Eric Silagy, president and CEO of FPL. “Florida is a fast-growing state on the front lines of climate change and our customers deserve bold, bold, long-term action as we continue to build a more resilient and sustainable energy future that we can all rely on, including generations to come. This agreement paves the way for FPL to continue to provide America’s best energy value – electricity that is not only clean and reliable, but also affordable.”
FPL’s new four-year pricing plan directly supports the company’s pioneering “30-by-30” plan to install 30 million solar panels in Florida by 2030, which is ahead of schedule and on budget. By doing so, the agreement will also expand the company’s FPL SolarTogether program — more than doubling what is already the largest community solar program in the country in an FPL service area stretching from Miami to Pensacola.
In total, the approved settlement agreement supports the development of 16 million solar panels in more than 50 new locations – enough to power approximately 1 million homes with the sun.
In addition to solar energy, the approved agreement supports FPL’s green hydrogen pilot project in Okeechobee County, an innovative technology that could one day unlock 100% carbon-free electricity available 24 hours a day, as well as the FPL Manatee Energy Storage Center,” the world’s largest integrated solar battery system expected to start serving customers later this year. The agreement also supports investments in resilient infrastructure projects as FPL continues to build a stronger and smarter energy network to deliver reliable service in good and bad weather.
Other parts of the approved agreement:
- Promote and support the expansion of electric vehicle infrastructure in FPL’s service area.
- Support the early closure of a coal-fired power plant in Georgia, in which FPL has a partial interest.
- Support FPL’s ongoing efforts to develop and deploy advanced smart grid technology.
- Continue to support FPL’s ability to respond to hurricanes, tropical storms and other natural disasters.
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