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The Florida Public Service Commission approved Tampa Electric Company’s shared solar tariff, providing an option for electric customers to buy power from the company’s designated solar energy resource to meet all or part of their monthly energy needs, according to a May 14 press release.
The program ensures equal access to solar power to homeowners, renters, and businesses whether or not they own the homes or business premises. Currently, many consumers are unable to utilize solar power because they live in rented houses or multi-tenant buildings, or have roofs that cannot accommodate solar installations.
Tampa Electric’s new program requires participants to pay a shared solar charge of $0.063 per kilowatt-hour for energy produced by 17.5 megawatts of the Lake Hancock solar facility, which came online on April 25. Participants will avoid paying the fuel cost component of their bills on the portion of their energy consumption that comes from solar.
Tampa Electric Company is a subsidiary of TECO Energy Inc.
Enerkol is a provider of regulatory data, analytics, and tracking software for North American energy markets.
The U.S. State Department said on Saturday it is concerned by reports of China's interference with oil and gas activities in the South China Sea, including Vietnam's long-standing exploration and production activities.
Extending the subsidy and not defaulting to a phaseout has significant Democratic support but is opposed by Sen. Grassley.
The world’s oil tankers risk losing almost a third of their value should a shift away from fossil fuels gain momentum in the coming decades, a new report has warned.