Solar In the News:
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The Orange County Convention Center's massive rooftop will soon shoulder the largest solar project in Florida and the Southeast at one megawatt of clean renewable solar energy. County officials granted the contract to Johnson Controls, Inc. in partnership with Solar Source on July 8, 2008 to blanket the roof of the nation's second-largest convention center with panels that can turn sunshine into energy, without producing pollution. |
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| For Florida's Governor, Converting to Renewable Solar Energy Begins at Home. Click here for full story. |
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Removal of Utility Prohibition to Have Major Impact on Solar Market Development- Press Release from WASHINGTON, D.C.
The passage of H.R. 1424, the Emergency Economic Stabilization Act of 2008, provides critical news for the solar industry at large, but also for regulated electric utilities looking to diversify their energy mix with solar electric generation. In addition to extending the federal solar investment tax credit (ITC) for 8 years, the legislation includes the removal of a prohibition that previously prevented electric utilities from taking advantage of the credit. |
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| Local Incentives |
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Your solar system is a combined technological and economic solution designed to eliminate the electric bill for a home or business. Solar systems can stay connected to the utility grid "no batteries necessary" to take advantage of Net Metering laws. This law requires public utilities to credit renewable energy producers at the "retail rate" for the electricity they send out to the grid. Net metering is designed to reduce demand during long hot summer days when energy demand is heaviest, while providing energy credits that allow solar producers to reduce or eliminate their annual electric bill. Under Net Metering, a benefit of deregulation of the energy system, the utility credits solar energy producers for any surplus electricity they send out to the grid. On sunny days the electric meter spins backwards and the solar system earns credit for the energy at the utility's retail energy rates. At night or on rainy days, the grid provides the power and the home or building taps into the credit the solar system earned while the sun was shining. The energy from the solar system plus the utility credit will zero out the net annual electric bill. Steps to a net metered solar system:
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