The Florida Public Service Commission (PSC) today approved standard offer contracts for renewable generation filed by Florida Power & Light Company, Duke Energy Florida, Tampa Electric Company, and Gulf Power Company. Standard offer contracts streamline the negotiation process, making it easier for renewable energy providers to link into the grid.
“The standardized contract templates encourage the development of renewable energy in Florida, as well as the purchase of renewable power by Florida’s investor-owned utilities (IOUs),” said PSC Chairman Ronald A. Brisé. “Businesses generating renewable energy to sell to IOUs help to further diversify Florida’s energy portfolio.”
Since January 1, 2006, IOUs, as well as municipal electric utilities subject to the Florida Energy Efficiency and Conservation Act, are required to continually offer to purchase capacity and energy from specific types of renewable sources. The minimum ten-year contracts establish price, terms, and conditions that renewable generating facilities can accept without further negotiation.
The PSC continues to develop policies to encourage renewable generation within the state. In addition to standard offer contracts, the Commission has approved negotiated power contracts for new renewable generators and approved an expanded net metering and interconnection rule to include all renewable energy technologies.
Currently, renewable energy facilities in Florida provide more than 1,400 megawatts of gross electric generation capacity as reported by the Florida Reliability Coordinating Council. These renewable facilities are fueled by biomass, hydroelectric sources, waste heat, landfill gas, and municipal solid waste.
For additional information, visit www.floridapsc.com.
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