Reduced Net Metering

Net Metering in Florida

Current NEM policy, export rates, and impact on solar payback for Florida homeowners.

NEM Export Rate

$0.069

per kWh

Avg Retail Rate

$0.138

per kWh

% of Retail

50%

compensation

Policy Status

Active

since 2026-06

System Limit

Up to 2 MW

max eligible

NEM Policy Details — Florida

How Florida compensates your excess solar generation

Reduced Net Metering Active

SB 1024: 50% of retail (2025-2027). New systems credited at ~$0.069/kWh (50% of the $0.138 retail rate). Pre-2024 grandfathered systems retain full retail through their grandfathering period. Steps down to avoided cost only in 2028+.

NEM Rate$0.069/kWh
Retail Rate$0.138/kWh
Savings Gap-6.9c/kWh
Annual True-UpYes

Source: Florida PSC, DSIRE, Florida SB 1024 · Effective: 2026-06

Calculate Your NEM Savings in Florida

$

NEM Rate Comparison

$0.00 Florida: $0.069 $0.138 (retail)

Florida's NEM rate is 50% of the retail electricity rate — partial retail compensation.

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