• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About
  • Advertise
  • Submit News
  • Contact Us

Capital Soup

Florida News Straight From the Source

  • Soup Du Jour
  • People
  • Government
  • Campaign
  • Business
  • Education
  • Insights
  • Video
You are here: Home / Archives for Declaratory Statement

Declaratory Statement

PSC Declaratory Statement Allows Residential Solar Equipment Leases

Posted on April 20, 2018

The Florida Public Service Commission (PSC) today issued a declaratory statement that affirms Sunrun, Inc. can offer residential solar equipment leases in Florida. After reviewing Sunrun’s draft lease agreement, Commissioners determined that Sunrun’s 20-year solar equipment lease is not a retail sale of electricity.

PSC rules have long allowed leasing of renewable energy equipment, but the lease terms cannot be structured to, in effect, sell electricity to the customer. Commissioners originally considered Sunrun’s petition at the March 1 Commission Conference, but requested to evaluate its lease agreement before making a decision. Sunrun filed its draft lease on March 20.

Today, Commissioners agreed that Sunrun’s lease conforms to its petition by offering customers fixed payments independent of electric production. As a result, Sunrun will be allowed to lease rooftop solar equipment to homeowners without being considered a public utility under the Commission’s jurisdiction. Homeowners can lease equipment to generate electricity for personal use and also benefit from interconnection and net metering with their local utility.

“Residential equipment leasing makes solar more attractive for some customers, and today’s decision confirms that Florida’s ratepayers have that option,” said PSC Chairman Art Graham.

In its declaratory statement, the PSC found today that:

  • Sunrun’s residential solar equipment lease does not constitute a sale of electricity;
  • Offering its solar equipment lease to customers in Florida will not cause Sunrun to be a public utility under Florida law; and
  • The residential solar equipment lease will not subject Sunrun or its customer-lessees to Commission regulation.

Located in Tampa, Sunrun is the nation’s largest dedicated residential solar storage and energy services company.

Filed Under: Soup Du Jour Tagged With: Declaratory Statement, Florida Public Service Commission, Leases, Residential Solar Equipment

Primary Sidebar

    Submit News    

Florida Supreme Court to Hear Challenge to 15-Week Abortion Ban, Which Remains in Effect

TALLAHASSEE, Fla. — The Florida Supreme Court accepted a request by abortion providers today to hear arguments … [Read More...] about Florida Supreme Court to Hear Challenge to 15-Week Abortion Ban, Which Remains in Effect

Supreme Court Asks For Views Of Biden Justice Department In Florida, Texas Social Media Laws

Washington – Supreme Court Justices have asked the federal government’s chief appellate lawyer, the Solicitor … [Read More...] about Supreme Court Asks For Views Of Biden Justice Department In Florida, Texas Social Media Laws

Florida Department of Economic Opportunity Announces $67 Million in Funding Available Through the Rebuild Florida Hurricane Sally Infrastructure Repair Program

Local governments in Bay, Escambia, Okaloosa, Santa Rosa, and Walton Counties can now apply for funding The … [Read More...] about Florida Department of Economic Opportunity Announces $67 Million in Funding Available Through the Rebuild Florida Hurricane Sally Infrastructure Repair Program

Keep in Touch

  • Email
  • Facebook
  • Twitter

Newsletter signup

Stay in the loop! Subscribe to our weekly newsletter to receive a brief recap of the week's most popular stories.

Footer

News

  • Soup Du Jour
  • People
  • Government
  • Campaign
  • Business
  • Education
  • Insights
  • Video

About Us 

  • About
  • Advertise
  • Submit News
  • Contact Us

Keep in Touch

  • Email
  • Facebook
  • Twitter

Copyright © 2021
Terms & Conditions

© Copyright 2023 Capital Soup · All Rights Reserved ·