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kristopher

(29,798 posts)
Sat Nov 5, 2016, 09:25 AM Nov 2016

Florida utilities spend $43 million since Jan. 2015 to limit rooftop solar

Florida utilities spend millions to make case to limit rooftop solar
BY MARY ELLEN KLAS Herald/Times Tallahassee Bureau

Lost in the tumultuous presidential election and the down-ballot fears, something big has been happening quietly in Florida this year: Electric companies have dropped $29.3 million into political campaigns.

Since January 2015, $20 million of the industry’s profits went to finance and promote Amendment 1, the ballot initiative that attempts to frustrate the expansion of consumer-owned rooftop solar in Florida. And another $9.3 million more went to fuel the campaigns of a select group of powerful legislative leaders in an effort to prepare for a prolonged war against rooftop solar. (Note this number is updated after a significant miscalculation of the total in initial reports.)

The bulk of the money is being used to promote Amendment 1 but, if that effort fails, the industry is also investing heavily into the Legislature to create favorable conditions in Florida, as utilities have in other states, to push back against the proliferation of rooftop solar. (The money the companies are allowed to use to finance campaigns does not come directly from consumer bills but from utility company profits, which are guaranteed as regulated monopolies.)

In other states, that effort has included attempts to make solar less economically feasible by reducing the amount the utility spends to reimburse customers for generating excess electricity to the grid through “net metering,” imposing new fees on solar users and pre-empting local governments from opening the door to more solar competition. 

Former Florida U.S. Sen. Bob Graham blasted the amendment on Tuesday as “deceptive” and unneeded...


Read more here: http://www.miamiherald.com/news/politics-government/election/article111832342.html
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