Net Metering Frequently Asked Questions

1. What is Net Metering?
2. How does it work?
3. Where can I get more information regarding the Interconnection and Net Metering rule?
4. How much will I get for the excess energy that I generate back into the system?
5. Why is FPL offering this program?
6. Are there any tax or other financial incentives for installing renewable energy sources?

1. What is Net Metering?
Customers who install renewable power generators up to 2 megawatts, such as solar panels or windmills, can interconnect them with the electric grid. Excess energy generated by the customer and sent to the grid will be subtracted from energy used from FPL for the month. If the customer generates more energy than he or she uses, the energy credit will carry over to the next month until the credits are depleted. At the end of the year, any excess energy generated will be paid out to the customer at the "As Available" rate.

2. How does it work?
A bidirectional meter is installed to measure the energy fed back into the electric grid. The digital meter will display the energy used by the home with a (+) sign, and energy sent into the grid will be displayed with a (-) sign.

The two readings will be subtracted from one another at the end of each month. If the customer generates more energy than he/she uses, the energy will carry over to the next month until it is used up. At the end of the year any excess energy generated will be paid out to the customer.

Example:

Month 1:
Energy used                          1,000 kWh 
Excess energy generated          200 kWh
Net energy billed                  800 kWh

Month 2:
Energy used                          1,000 kWh 
Excess energy generated       1,200 kWh

Net energy billed                       0 kWh 
Bank                                        200 kWh

Month 3:
Energy used                          1,000 kWh
Excess energy generated              0 kWh 
Bank                                        200kWh

Net energy billed                  800 kWh

Please note:

• "Excess energy generated" is the amount generated by the renewable system over and above what the home used that is sent back into the grid. This is not the total amount generated by the renewable system since some energy will be used by the home or building.
• Customer always pays monthly customer charge for applicable rate even if there is zero consumption for the month.
• Customer "bank" paid out at the end of each calendar year at the As Available rate (COG-1).

3. Where can I get more information regarding the Interconnection and Net Metering Rule?
For additional information, visit the Florida Public Service Commission (FPSC) Web site at www.floridapsc.com

4. How much will I get for the excess energy that I generate back into the system?
The amount you will receive is based on your current energy rate, which varies based on taxes and franchise fees in your area. At the end of the year any excess energy generated will be paid to you at the As Available rate.

5. Why are you offering this program?
FPL is offering this program in order to comply with the FPSC ruling on Interconnection and Net Metering that went into effect on April 7, 2008, and to encourage Florida residents to install renewable generators. FPL supports renewable energy generation and encourages its customers to do the same.

6. Are there any tax or other financial incentives for installing renewable energy sources?
The State of Florida offers rebates of $4 per watt up to $20,000 for residential customers and up to $100,000 for business customers who install solar systems. Federal tax incentives are also available for solar systems through 2008. Please check with your accountant for more details.