Renewable Energy and Net Metering
Electricity supplied from renewable energy sources, such as solar, geothermal, wind, and various forms of biomass, help to reduce CO2 emissions as well as help lower demand on EREC’s power distribution system. These energy sources are considered renewable energy because their fuel sources are continuously replenished.
EREC supports the use of member-owned renewable generation for facilities of 10 kW or less. EREC members wishing to interconnect “member-owned renewable generation” to EREC’s electric distribution system are required to complete a Standard Interconnection Agreement and are subject to EREC's Net Metering Rider. Upon facility approval, EREC will install a digital net meter to record kWh usage and generation.
For more information, please contact Nick Jackson, Marketing & Energy Services Advisor, at (850) 675-7417.
Renewable Energy @ MY HOME
Solar is the Latin word for sun—a powerful source of energy that can be used to heat, cool, and light our homes and businesses. That's because more energy from the sun falls on the earth in one hour than is used by everyone in the world in one year. A variety of technologies convert sunlight to usable energy for buildings. The most commonly used solar technologies for homes and businesses are solar water heating, passive solar design for space heating and cooling, and solar photovoltaics for electricity. Solar Photovoltaic (PV) systems are the most commonly used “member-owned” renewable generation source on EREC’s power distribution system.
This image comes from a study the Florida Solar Energy Center conducted on the performance of 2-kw photovoltaic systems installed on highly efficient homes across the country. The results capture all aspects of PV system performance, including the temperature effect on cell performance as well as the efficiency of the conversion from DC to AC power through the inverter.
How Does Solar PV work?
What is the average cost of Solar PV?
If you're just looking for a ballpark figure, there are a few ways to price a PV system. A conservative rule of thumb is about $10 per watt of installed solar power panels. PV systems are not cheap; they represent a real capital investment. They also, however, represent a way to add real value to your home, and should be thought of like any major systems upgrade to a property. Solar panels typically carry a 25-year warranty, and may have a useful life well beyond that.
A typical residential solar system has about 3500 watts, with a price tag (before rebates and subsidies) of about $35,000 ($10 x 3500 W). From this installed price, you can apply various state and federal rebates and incentives to lower the purchase price of the system depending on where you live.
What State & Federal Incentives are available?
State: CURRENTLY, THERE IS NO FUNDING AVAILABLE. Solar energy system rebates are issued by the Commission pursuant to Sections 377-801-377.806, Florida Statutes, and Chapter 27N-1, Florida Administrative Code, contingent upon an annual appropriation by the Legislature of the State of Florida for the specific purpose of funding solar rebates.
Federal: 30% of cost, with no upper limit. Expires December 31, 2016. Available to existing principal homes & new construction. Second homes qualify for partial credit. Rentals do not qualify.
Other Helpful Websites
Partnership For Affordable Clean Energy www.energyfairness.org
U.S. Department of Energy / The Office of Energy Efficiency and Renewable Energy www.energysavers.gov