IN FLORIDA, YOU CAN’T USE YOUR OWN SOLAR PANELS IN A CRISIS | WHAT REALLY HAPPENED


IN FLORIDA, YOU CAN’T USE YOUR OWN SOLAR PANELS IN A CRISIS

When it comes to the U.S. economy, the “con” part offers the best description of the current relationship between business, government and the preyed upon consumer. The way things work in early 21st century America is large businesses bribe politicians in a variety of ways at both the local and federal level, and the end result is laws that are designed to increase corporate profits at the expense of the wellbeing and freedom of the American public. Politicians end up with financial war chests to run their next campaign, while bureaucrats see a lucrative opportunity to swing through the ever spinning revolving door should they play ball with lobbyists and their patrons. Yes, there’s always some degree of corruption within any society of humans, but there are peaks and valleys in such cycles. I’d argue we are somewhere in the peak corruption phase.

Today’s article focuses on one of the most highly regulated industries in the country, electric utilities. It’s one of the most boring businesses in America. I know this because it fell under the umbrella of my responsibilities during my last Wall Street job, and I could barely read a utilities research report without immediately falling asleep. Nevertheless, as you’ll see in today’s piece, the industry still finds a way to generate large profits while simultaneously harming the people its supposed to service.

FPL’s lobbying wing has fought hard against letting Floridians power their own homes with solar panels. Thanks to power-company rules, it’s impossible across Florida to simply buy a solar panel and power your individual home with it. You are instead legally mandated to connect your panels to your local electric grid.

More egregious, FPL mandates that if the power goes out, your solar-power system must power down along with the rest of the grid, robbing potentially needy people of power during major outages.

Webmaster's Commentary: 

Translation: both at the Federal and State level, a corporation can buy any bit of legislation which fattens its bottom line, as long as they have enough money with which to bribe your legislators to vote for it.

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