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Competitive market amendment offers reasonable balance for all types of renewable energy production in Florida.

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Today in the Communication, Energy & Public Utilities Committee of the Florida Senate, Senator Thad Altman will be introducing a competitive market amendment allowing independently built renewable energy systems to compete to sell electricity to the grid. The amendment will be heard in relation to Senate Bill 2078, which allows utility companies to raise their rates by 2% and then use those funds to self-build, own and operate renewable energy facilities. The amendment would allow the utilities to self-build 80% of the total project development and require that 20% of the total development to come from electricity that is purchased from distributed generation systems, including wind, solar and biomass, through a competitive market.

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Competitive market amendment offers reasonable balance for all types of renewable energy production in Florida.

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