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Published in Business and Finance on Monday, August 29th 2011 at 19:01 GMT, Last Modified on 2011-08-29 19:03:02 by Market Wire
FPL to reopen application period for 2011 solar rebate program at... -- JUNO BEACH, Fla., Aug. 29, 2011 /PRNewswire/ --
FPL to reopen application period for 2011 solar rebate program at 8:30 a.m. Aug. 30
JUNO BEACH, Fla., Aug. 29, 2011 /PRNewswire/ -- Florida Power& Light Company is reopening the application period for its 2011 solar rebate program next week to distribute approximately $5 million in remaining funds. Customers who are interested in installing solar systems in their homes and businesses can apply at [ www.FPL.com/solarrebates ] starting at 8:30 a.m. on Tuesday, Aug. 30. Rebates will be available on a first-come, first-served basis, and funds are expected to run out quickly.
(Logo: [ http://photos.prnewswire.com/prnh/20110301/FL56993LOGO ] )
The solar rebate program is designed to help reduce energy consumption and peak demand and is part of a pilot project approved by the Florida Public Service Commission. The application process for the 2011 rebates first opened on Wednesday, June 29, and customers claimed reservations for the available solar PV funds in less than an hour. The company is reallocating funding based on strong consumer demand for solar PV funding and less strong demand for residential solar water heating within the FPL service territory during the initial pilot period. Rebates for solar water heating are still available, and interested customers do not need to wait until Aug. 30 to apply for those rebates.
"These incentives can help make investments in distributed renewable energy generation more affordable, and we are pleased that more of our customers will now be able to take advantage of the program this year," said Marlene Santos, FPL's vice president of customer service.
Customers who did not receive reservations in the first round can reapply as long as installation has not begun on their systems.
Updates on the amount of funding remaining for each program, as well as more information on the application process, are available at [ www.FPL.com/solarrebates ].
Florida Power& Light Company
Florida Power& Light Company is the largest electric utility in Florida and one of the largest rate-regulated utilities in the United States. FPL serves 4.5 million customer accounts in Florida and is a leading employer in the state with approximately 10,000 employees. The company consistently outperforms national averages for service reliability while customer bills are below the national average. A clean energy leader, FPL has one of the lowest emissions profiles and one of the leading energy efficiency programs among utilities nationwide. FPL is a subsidiary of Juno Beach, Fla.-based NextEra Energy, Inc. (NYSE: NEE). For more information, visit [ www.FPL.com ].
SOURCE Florida Power& Light Company
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