Net metering allows FPL customers who connect approved, renewable generation systems such as solar panels to the electric grid to buy and sell electricity to FPL. ... It also lowers your monthly electric bills. If your system produces more energy than you need, the excess power is sold back to FPL's grid.
Can you sell electricity back to the grid in Florida?
In Florida, net metering rules were adopted in 2008. Net metering allows utility customers who connect approved, renewable generation systems – such as solar panels – to the electric grid to sell electricity back to the utility company.Jul 18, 2016
How much do utility companies pay for solar energy?
For every kilowatt you sell back to SDGE, they will credit your account . 40 cents a kilowatt. If you were to sell 100 kilowatts of solar power back to the electric company they would credit your upcoming bill 40 dollars!Dec 21, 2018
Do electric companies pay you for solar power?
In certain circumstances, an electric company pays for solar energy if their customer uses less energy than they generate from their solar system. ... If the customer has used less electricity than their solar system produced, then the customer may receive a bill credit at the end of the year.Sep 17, 2019
Can you sell electricity back to FPL?
Net metering allows FPL customers who connect approved, renewable generation systems such as solar panels to the electric grid to buy and sell electricity to FPL. ... If your system produces more energy than you need, the excess power is sold back to FPL's grid.
How much is a kWh in Florida?
State Average Electric Rate: May 2021 $ Monthly Electricity Cost
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District Of Columbia 12.26 $109.97
Delaware 11.77 $105.58
Florida 11.65 $104.50
Georgia 10.94 $98.13