Tax credits, reduced costs make solar power shine in Florida

Tax credits, reduced costs make solar power shine in Florida

Commercial Solar, incentives
Fields and rooftops filled with reflective slabs soaking in the power of the sun and converting it to energy appear to be all the rage this year with utilities and businesses throughout Tampa Bay. Company officials say they’re adding solar arrays because they want to be a good environmental partner, but building them now, by most accounts, just makes financial sense. [adinserter block="1"] Several factors play into the trend that has rooftops and parking lots glistening with mirrored panels at Tampa International Airport, Great Bay Distributors in St. Petersburg, Lockheed Martin in Oldsmar and other local sites. The growing trend reflects a dramatic drop in price for an alternative energy source long thought too expensive to be cost efficient. The reduced costs have been attributed to the mass production of…
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Has Solar Power in Florida reached a tipping point?

Has Solar Power in Florida reached a tipping point?

Growth
Orlando Utilities Commission (OUC), the city’s electricity provider, signed a 20 year power purchase agreement (PPA) at $0.07 per kWh with American Capital Energy for the output of the 13 MW Curtis Stanton Energy Center, the Orlando Sentinel reports.  The new solar power, the utility reports, costs it less than the $0.08 per kWh cost the company incurs generating electricity from coal and natural gas. Read the full article.
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