Energy generated from renewable sources continues to increase in Florida, while a declining population reduced the need for new power generation facilities, according to the Florida Public Service Commission’s (PSC) annual review of future power plant projects.
Each year, the Commission gathers information from utility companies on estimated power generating needs and proposed power plant additions over the next decade. Directed by statute, the 10-year Site Plan for Florida’s Electric Utilities ensures that future energy planning will meet future energy needs at a reasonable cost for customers.
Current state renewable energy generation levels are approximately 1,170 megawatts (MW), with another 750 MW of new renewable projects planned. Florida utilities also report about 600 residential renewable energy interconnections, with a capacity of approximately 2.8 MW. Residential renewable generation is expected to grow as customers benefit from the PSC’s recent net metering rule that streamlines the interconnection process.
The PSC report attributes a declining population to a 4,000 MW reduction in future generation planned by utilities. The majority of the new additions are gas-fired facilities, with nuclear representing the next largest fuel source addition. Current utility-owned electric generation state wide is approximately 55,000 MW.
The 10-year Site Plan for Florida’s Electric Utilities report can be found on the PSC’s Web site at: ElectricNaturalGas/TenYearSitePlans. Eleven Florida utilities file information for the report, including Florida Power & Light Company, Progress Energy Florida, Tampa Electric Company, Gulf Power Company, Florida Municipal Power Agency, Orlando Utilities Commission, City of Lakeland, City of Tallahassee, JEA, Gainesville Regional Utilities, and Seminole Electric Cooperative.
The PSC is committed to making sure that Florida's consumers receive their electric, natural gas, telephone, water, and wastewater services in a safe, affordable, and reliable manner. The PSC exercises regulatory authority over utilities in the areas of rate base/economic regulation; competitive market oversight; and monitoring of safety, reliability, and service.
For additional information, visit www.floridapsc.com.