SolarTogether, an FPL Shared Solar Program, allows customers to share in the benefits and costs of universal solar while receiving monthly bill credits on their FPL bill.
The program will be filed with the Florida Public Service Commission (PSC) in March 2019. We anticipate to offer open enrollment in the Fall of 2019.
Shared Solar Subscription
100 kW subscription share
x $6.76/kW fixed subscription rate
Your Monthly Subscription Cost
Solar Energy Produced
212 hrs per month
x 100 kW subscription share
21,200 kWh solar energy
21,200 kWh solar energy produced
x $0.0308/kWh subscription credit rate
Your Monthly Bill Credit
* Illustrative examples presented here for demonstrative purposes only, program charges and credits will be established per the Florida PSC approval tariff.
100 kW Subscription Example
The graph above shows the estimated bill impact over a ten-year period for a 100 kW subscription example. While the annual subscription cost remains the same year after year, due to the fixed nature of the subscription rate, the annual subscription credit grows annually. In the first year of a 100 kW subscription, program participation would cost approximately $275, which is the difference between the subscription cost of $8,112 and the credit of $7,837. By year five, the annual subscription remains $8,112 and the credit grows to $8,202, so the credit exceeds subscription cost by $90. By year ten, the cost of the subscription is still $8,112 and the credit is now $8,683 for the year, increasing the credit difference by $570.