Sign on to expand solar in Florida
Solar United Neighbors is leading a campaign to help Florida schools, government buildings, churches, and other non-profit organizations go solar. The campaign will educate Floridians and decision makers about Power Purchase Agreements (PPAs). PPAs allow customers to benefit from solar with low to no upfront costs. PPAs allow customers to lower their electric bills from day one. Florida’s law does not allow organizations to enter into PPAs. We’re going to change that!
How PPAs work
A developer installs, owns and operates the solar system. Their customer locks in their energy rates from the system through a contract. The developer is able to earn the federal solar tax credit.
Why PPAs would benefit Florida
PPAs are an important way to increase access to solar. Non-profit organizations do not pay income taxes. This means they are unable to benefit from the solar tax credit if they decide to purchase a solar system. With a PPA, a third-party owns the system. This third party can take the tax credit and pass the savings along to the customer.
Power Purchase Agreements can provide immediate savings to solar customers. This is because the customer’s contract enables them to purchase electricity for less than what they are paying to their utility.
Increasing solar adoption will benefit all Floridians. Adding more distributed energy sources like solar makes our electric grid more resilient. This is a valuable defense against the damage caused by violent storms.
Join our sign-on letter
We are leaders of Florida schools, local government, and non-profit organizations. We are writing to ask you to allow organizations like ours — nonprofits and governments — to enter third-party power purchase agreements (PPA) for solar energy. This will allow us to power our communities with a cost-effective and clean energy source. It will also provide a much-needed economic stimulus to our economy.
With a PPA, a developer installs, owns, and operates a solar system on the customer’s property. Organizations like ours can then buy the electricity the system produces at a fixed rate. This rate is generally lower than what we would pay to their utility providing monthly electricity savings. PPAs would enable us to benefit from solar with low to no upfront cost.
Florida’s economy has lost billions, if not trillions, from the Covid-19 pandemic. These losses will continue into 2021. Florida leaders are warning of massive state budget cuts due to reduced government revenue. There are reports of a $5.4 billion budget deficit over the next two years. Legalizing PPAs provides a significant, no-cost economic stimulus to Florida’s economy.
A new report, Impact Analysis of Power Purchase Agreements (PPAs) in Florida, released in October 2020 finds legalizing PPAs will benefit Florida in several ways:
- Creation of 9,098 direct jobs
- Creation of 25,800 total jobs (including direct, indirect, and induced)
- Provide $3,800,000,000 in total economic impacts
- Produce the energy equivalent of powering 159,126 homes with solar
- Reduce greenhouse gas emissions equivalent to taking 147,590 cars off the road
Researchers from the University of Central Florida and Ohio University created the report.
PPAs are legal in most states including Georgia, Texas, Arkansas, and Arizona. They are not yet legal in Florida. Legalizing PPAs for solar energy would only require you to pass simple, no-cost legislation. We urge you to make PPAs legal.
- Impact Analysis of Power Purchase Agreements in Florida — This report looks at the benefits of legalizing Power Purchase Agreements by calculating job creation and economic benefits. It also includes case studies showing how PPAs can help municipalities, schools, and nonprofits.
- Florida Power Purchase Agreement One-pager: Includes major findings from the Impact Analysis linked above.
- Webinar Recording: Florida PPA Impact Report
- Video: Support Solar Schools in Florida — Learn how PPAs can help generate money to educate Florida students.
- Fact sheet – Learn and share how power purchase agreements can benefit Florida.