Senate Bill 1024 Could Reduce the Number of Solar Installations in Florida by 93%

First Publicly Available Research of Solar Consumer Reactions to Proposed Solar Changes in Florida

February 7, 2022 – Today, SolarReviews, the leading American consumer review and rating website for solar panel installation, released survey results of more than 250 people located in Florida who are interested in solar. The results showed that the proposed changes to net metering will reduce the number of new solar installations in Florida by 74%.

Summary:

On February 3rd, 2022, SolarReviews sent a survey to Florida homeowners who requested solar quotes through the SolarReviews website within the last two years:

• 254 homeowners located in Florida responded to the survey.

• 74% of respondents would no longer consider going solar in Florida if the proposal is passed that will pay net metering customers at the avoided cost rate versus the retail rate.

• 93% of respondents would no longer consider solar if Florida changed to an avoided cost rate plan AND implemented a monthly grid participation charge.

“There is tremendous opportunity for solar in the Sunshine State, and while SolarReviews agrees with modernizing Net Metering practices, these extreme changes can hinder the solar market in Florida before it has a chance to mature,” said Andy Sendy, President and Founder of SolarReviews.com. “75% of the respondents to our survey said that their primary interest in going solar is due to reduced electricity bills, and 93% said they will not consider solar if the proposals in this bill pass – a clear sign that this bill is a bad deal for the solar industry in Florida.”

About SolarReviews

SolarReviews is America’s leading independent website for reviews and comparisons of solar panel installation companies and residential solar panel brands since 2012. They offer consumer and expert reviews, specifications and warranty details, panel prices, and quote comparison tools that streamline the solar installation process and make it easy for homeowners. For more information, visit www.solarreviews.com.