FPL Solar Buy Back: How Net Metering Works for Florida Homeowners
Your electric meter literally runs backward (or records the outflow). FPL gives you a 1-for-1 kilowatt-hour (kWh) credit on your bill for this power. fpl solar buy back
You receive a 1-for-1 credit against your consumption. If you export 500 kWh and use 500 kWh, your energy charges will be zero (though you still pay a base monthly service fee of approximately $25). FPL Solar Buy Back: How Net Metering Works
It is important to distinguish between and cash payments : If you export 500 kWh and use 500
In 2022, a bill (HB 741) attempted to phase out 1-for-1 net metering in favor of lower buy-back rates. However, Governor Ron DeSantis vetoed the bill, citing the rising cost of living. For now, in Florida, making solar a financially viable investment for FPL customers.