Florida’s Public Service Commission (PSC) today approved Tampa Electric Company’s (TECO) voluntary dismissal of its petition for a solar energy power purchase agreement with Energy 5.0, LLC.
The agreement was scheduled to be reviewed at a full administrative hearing when TECO filed a Notice of Voluntary Dismissal with Prejudice. This power purchase agreement cannot be reintroduced for Commission consideration as a result of the filing. Today’s vote officially closes the Commission’s docket on TECO’s petition.
TECO planned to purchase the net electrical output from Energy 5.0’s Florida Solar I facility for 25 years, beginning on January 1, 2011. The facility would be a 25 megawatt (MW) solar photovoltaic array that could provide approximately 50,000 MW hours of energy annually.
The PSC originally approved the agreement in January; however, the Commission reconsidered and vacated its order on the decision in March.
TECO serves about 600,000 residential customers. Its West Central Florida service area covers 2,000 square miles, including all of Hillsborough County and parts of Polk, Pasco, and Pinellas Counties.
The PSC is committed to making sure that Florida's consumers receive their electric, natural gas, telephone, water, and wastewater services in a safe, affordable, and reliable manner. The PSC exercises regulatory authority over utilities in the areas of rate base/economic regulation; competitive market oversight; and monitoring of safety, reliability, and service.
For additional information, visit www.floridapsc.com.