The Silver Lining to No RPS
The Florida Legislature ended its 2009 Legislative Session on Friday, May 8.
Even though the Florida Legislature failed to adopt a Renewable Portfolio Standard (RPS), the Florida solar industry received welcome news when our state lawmakers took advantage of federal stimulus dollars to provide much needed funding for the solar rebate program as well as other energy programs that will benefit the solar industry.
Florida’s budget for the 2009–2010 FY was approved by the Florida Legislature on Friday, May 8, 2009. The budget will be sent to the Governor for final action. The Governor has line item veto authority on budget items. All funding provided for in the budget for renewable energy comes from the American Recovery and Reinvestment Act of 2009.
Bottom line: If the budget is approved by the Governor it will provide the 2009–2010 Solar Rebate Program fiscal year with $14.4 million of funding. Applicants in the queue will receive rebates first… current estimate of approximately $5 million has been approved.