It’s the Sunshine State, and after being a leader of the solar industry as far back as the 1970s, it had begun to slump earlier this decade while the rest of the nation moved forward. But in recent years, the state is coming back as a force to be reckoned with.
The Florida Public Service Commission (PSC) has approved $46 million in rate base recovery for utility Tampa Electric Company (TECO) on 260.3 MW-AC of solar power across five projects, which are expected to come online and start delivering electricity by January 1, 2019. TECO bought the projects, paying approximately $1.5/W-AC to various developers (see documents at end of article). [click for full article]