Commits to 600 MW of New Solar in Settlement Agreement
Energy Advocates Applaud Efforts to Grow Solar and Work Proactively with Stakeholders
Late Wednesday, Tampa Electric Company filed a rate settlement agreement with the Florida Public Service Commission that’s intended to significantly increase its use of solar power and provide rate certainty to customers.
The agreement will ensure more investment in large-scale solar facilities by providing for the construction of up 600 MW of additional solar facilities over the next 4 years. Tampa Electric’s commitment to solar power, relative to is size, would place it among the leading utilities in the Southeast region on solar power.
“The Southern Alliance for Clean Energy (SACE) applauds Tampa Electric’s leadership on expanding solar power in the Sunshine State,” said Dr. Stephen A. Smith, executive director of the Southern Alliance for Clean Energy. “We strongly feel that solar power is good for customers by diversifying the energy portfolio and for the environment by providing low-cost, zero-emissions energy for Florida’s families and businesses. We look forward to working with Tampa Electric as they offer more clean energy options and embrace new technologies that will make Tampa a more resilient community.”
“SACE is pleased to see Florida utilities responding to customer demand, market forces and the need for more corporate responsibility to proactivity address climate change with solar technology,” continued Dr. Smith. “SACE supports and advocates for all segments of the solar power market, residential, commercial, and utility scale to be fully functional and competitive in the Sunshine State.”