Georgia’s New Solar Law Now Allows Residents To Make Extra Money From Free Energy

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georgia new solar lawThe state of Georgia has made a progressive step forward in facilitating advances in alternative energy sources used by residents. After passing both the state house and senate, the Solar Power Free-Market Financing Act of 2015 has now been signed by Governor Deal. This new law adds provisions to allow for the financing of solar energy technology to be installed by customers, confirms that such technology is acceptable within the laws of Georgia, and creates the protection that electric service providers may not prevent or impede the installation of solar energy technology.

Georgia Power customers who generate excess solar energy are currently able to sell that excess back to the power company at a rate of 17 cents per kWh, up to the predetermined amount of solar energy that the company is approved to purchase. The Georgia Public Service Commission regulates and oversees the activities of electric service providers, and has recently approved the selection process for Georgia Power Company’s 2015 Distributed Generation Program. This program sets the standards of how much solar energy may be purchased by Georgia Power, and from whom the energy may be purchased.

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