What a pleasant surprise. On Wednesday, Gov. Ron DeSantis vetoed a bill that would have gutted the rooftop solar industry in Florida. This editorial board, along with many other opponents of the proposed changes, held out hope that the governor would see the measure for the one-sided, utility-company cash grab that it was.
DeSantis, of course, didn’t sprinkle his veto letter with such strong language. He pointed to rising inflation and how the changes would have cost renters and homeowners too much. The result, however, is the same. The bill is dead, at least for now.
Florida currently allows homeowners and businesses with solar arrays to receive credit for electricity they send back to the grid. In 2020, about 1 percent of the state’s more than 8.5 million electricity customers engaged in the practice known as net metering. The state’s public utilities then sell that energy to other customers. The solar homeowners get paid what amounts to retail prices for the excess power. House Bill 741 would have significantly lowered the rate starting in 2024, undermining the incentive for homeowners and businesses to invest in new solar panels and provide the grid with a cleaner source of power. The bill would also have allowed utilities to ask state regulators to let them impose additional fees on homeowners and businesses that install solar, and another fee on solar and non-solar customers to help recover revenue lost to the installation of solar panels before 2024. Bottom line: less money for solar homeowners and more money in the coffers of the state’s largest utilities.
