Breaking news! Governor Desantis vetoed the bill! Net metering is saved for now!
LAWMAKERS APPROVE PATH TO END NET METERING FOR SOLAR POWER!
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The Florida Legislature has passed a bill to end net metering, a move critics argue would be devastating to the rooftop solar industry. The existing net metering law allows solar power system owners to get a dollar for dollar credit for any excess power produce used toward the next power bill. The new law would reduce this amount starting in 2023, to 75% then would continue to ramp down to zero credit by 2029.
There is some good news. Installation in2022 will be grandfathered in for twenty years to the existing net metering law, dollar for dollar.
If you have wanted or have plans to install solar power, don't wait. This may be your last chance to get full credit for your solar power overproduction.
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