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GAINESVILLE REGIONAL UTILITIES FEED IN TARIFF gainesville, florida Gainesville started to offer its costumers a feed...

GAINESVILLE REGIONAL UTILITIES
FEED IN TARIFF

gainesville, florida

Gainesville started to offer its costumers a feed in tariff back in 2009, it later on got suspended. This happened because the city wants to lower electric rates.

Question: How should the GRU policy be reformed?


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Answer #1

The Feed in tariffs (FIT) are the electricity prices which are fixed paid to the producer of renewable energy (RE) for every untis of energy produced and injected into the electricity grid.Its payment for a certain period is guaranted.The given Feed in tariff after its suspension can be modified or reformed by doing certain changes so that it can go quite successful in the market and will be beneficial for the producer of renewable energy like solar injected to the grid.The feed in taiffs can be reformed into Feed in premium at all the state level or national elvel as wide generation policy.This reformation will be provide the current feed in tariff with high investment security that long term guaranteed FIT are providing.

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