Press Mention S&P Global Market Intelligence August 11, 2021
SACE Quoted
State policy, aggressive utility plans to make Florida top Southeast solar state
In this mention
Florida is emerging as a leading solar state in the Southeast due to supportive state policy, aggressive utility expansion plans, and competitive pricing. A June 2021 SACE report forecasts Florida will surpass North Carolina in installed solar capacity this year, with over 13,000 MW expected across the state over the next decade. SACE solar program director Bryan Jacob attributes growth to falling solar costs, federal tax credits, and Florida's solar base rate adjustment mechanism that streamlines utility project approvals.
Utility-scale solar is now the most affordable new electricity generation infrastructure and we are seeing all utilities — municipal, electric cooperatives and investor-owned utilities — in Florida rapidly investing in this resource
Bryan Jacob