Florida To Get Three New Solar Plants

July 23, 2008

 

The state of Florida is soon going to get three new solar power plants. After all, such a request from the Florida Power and Light Company has just been given the go signal by the Florida Public Service Commission just this week, the South Florida Business Journal wrote. In an approximation, such plants would be able to create 110 megawatts and that is sure a huge amount of power. These three new solar power plants would be known as the Martin Next Generation Solar Energy Center (which would be built in Martin County), the DeSoto Next Generation Solar Energy Center (which would be in DeSoto County), and the Space Coast Next Generation Solar Energy Center (which would be located in the Kennedy Space Center). With these three new plants soon going to rise, the residents of Florida would sure be benefiting a lot from them. If only all states would have solar centers like these.
Perspective:
This is great news! Florida is taking a big step to secure their energy future. In the next 3 to 5 years you are going to be seeing more of these initiatives. NJ has passed an Energy Plan that calls for reducing electric demand by 20% by the year 2020. To do this they have set a goal of having 22.5% of their energy produced by alternative means by the year 2020.
NJ providers, ( PSEG, AC Electric)  are paying SRECs for every 1000 kwh of electricity produced. These SRECs will be paid for 15 years and are designed to cover over 70% of the investment. Most of the proformas we have done show the SRECs covering the entire cost over a 15 year period. Add to this the 30% federal tax credit and the value of the electricity you are producing and you are in a positive cash flow in year 1.
To learn more about solar opportunities in NJ and the Phila area contact HBS Solar 856-857-1230 or email george@hbsadvantage.com Ask about our free proforma.

4 Responses to “Florida To Get Three New Solar Plants”

  1. […] Home Refinance Resources wrote an interesting post today onHere’s a quick excerpt   The state of Florida is soon going to get three new solar power plants. After all, such a request from the Florida Power and Light Company has just been given the go signal by the Florida Public Service Commission just this week, the South Florida Business Journal wrote. In an approximation, such plants would be able to create 110 megawatts and that is sure a huge amount of power. These three new solar power plants would be known as the Martin Next Generation Solar Energy Center (which wou […]

  2. […] options, a person briefed on the company"s plans said.GMA News.tv – http://www.gmanews.tv/|||Florida To Get Three New Solar PlantsThe state of Florida is soon going to get three new solar power plants. After all, such a request […]

  3. […] options, a person briefed on the company"s plans said.GMA News.tv – http://www.gmanews.tv/|||Florida To Get Three New Solar PlantsThe state of Florida is soon going to get three new solar power plants. After all, such a request […]

  4. Juliet Fogarty said

    Wow this is great news! Interesting Blog! This parallels my blog, http://ordinancewatch.wordpress.com/, about Local Governments Exploring the Benefits of Turning Solar. It is great to see the ball is finally rolling on these types of green initiatives. Thank you for the info!
    http://www.ordinancewatch.com

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