The Florida Public Service Commission clarified that Vivint Solar Developer LLC can offer residential solar equipment leases in the state, according to the agency’s Aug. 7 press release. The commission agreed that the company’s 20-year, fixed-payment lease is not a retail sale of electricity. Vivint Solar proposed the lease as a financing option to homeowners…
The convergence of technologies, markets, rate design changes, and business models is unleashing new opportunities in the emerging electricity storage sector. Energy storage can provide multiple services at the same time or with the same resource, providing operational flexibility as the system becomes decentralized and decarbonized. While storage provides undeniable benefits in grid-connected solutions and flexibility, market mechanisms and rate designs will play a critical role in scaling up deployment. State policies that pair distributed generation with storage provide further avenues for growth.
This content requires that you purchase additional access. The price is $99.00.