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Res No 154-17-14955RESOLUTION NO. _----L.1 ...... s ::lL,;4 -=-1 ...... 7<....::-:0...11....::;114 ....... 9-""-S ...... S __ _ A Resolution of the Mayor and City Commission for the City of South Miami requesting that NextEra Energy, Inc. provide an opportunity for homeowners to buy capacity at FPL Universal Solar Energy Centers and advise the Commission of . the rate of return to homeowner investors on the investment for each kilowatt hour of electricity produced. WHEREAS, Florida Power & Light is a subsidiary of utility holding company, NextEra Energy, Inc. (formerly FPL Group) which is publically listed on the New York Stock Exchange under the ticker symbol "NEE"; and WHEREAS, Florida Power & Light has built and is building solar energy centers which are also known as solar plants/farms; and WHEREAS, the present cost of rooftop solar is approximately $2.25 per installed watt, and at that price taking advantage of federal tax credits the homeowner can expect an approximately 12% rate of return on investment; and WHEREAS, quota. com asks the question "what does it cost per watt to build a 1Megawatt solar farm?" and gives the answer as between $.75 and $1.20 per watt, depending on the country and region of the country where the 1MW solar farm is located, with developing countries having costs of approximately $.75 per watt and expensive areas like New York or California costing approximately $1.20 per watt; and WHEREAS, Florida, which is a non-union "Right to Work state," will have labor costs that are less than New York or California; and WHEREAS, a watt of solar voltaics may be installed on a solar farm for half the cost that it may be installed on the roof of a private residence; and WHEREAS, a house that has trees shading all of its roof and all of its exterior walls will consume less electricity to cool than a house with rooftop solar panels and little shade elsewhere; and WHEREAS, with the extensive system of transmission lines throughout Florida, it is not necessary to locate solar farms near population centers where land tends to be more expensive. Land would also be cheapest on reclaimed sites of phosphate mines and gypsum stacks; and WHEREAS, Florida Power & Light, in exchange for being granted monopoly status, is supposed to "pr~vide safe, adequate and reliable service to the public at the lowest possible cost" (psc.state.tlus) the web page of the Public Service Commission continues: "Historically electric utilities have been responsible for the production, transmission and distribution of electricity, as well as the metering and billing of electric energy sold to homes and businesses. This complete package of electrical service has been termed "bundled retail service" or "integrated utility service;" and Res. No. 154-17-14955 WHEREAS, if Florida Power & Light permitted the small investorlhomeowner to buy stock in a Universal Solar Energy Center rather than install rooftop solar, the homeowner for each dollar invested would be able to buy twice as many watts of photovoltaic generating capacity on a solar farm as he/she could buy and install on hislher rooftop; and WHEREAS, Florida Power & Light has been granted by the Public Service Commission the right to an 11 % return on all its investments. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA THAT: Section 1. The Mayor and City Commission for the City of South Miami request that NextEra Energy, Inc. provide an opportunity for homeowners to buy capacity at FPL Universal Solar Energy Centers and advise the Commission of the rate of return to homeowner investors on the investment for each kilowatt hour of electricity produced. Section 2. The City Clerk is hereby directed to transmit this resolution to Tallahassee Mayor Andrew Gillum, Former US Rep. Gwen Graham, and Chris King. Section 3. Severability. If any section clause, sentence, or phrase of this resolution is for any reason held invalid or unconstitutional by a court of competent jurisdiction, the holding shall not affect the validity of the remaining portions of this resolution. Section 4. Effective Date. This resolution shall become effective immediately upon adoption by vote of the City Commission. PASSED AND ADOPTED this iaiay of----"J ..... u .... l~y--_, 2017. ~) ROVED AS TO FORM: D Page 2 of2 AP~~JWv MAYO COMMISSION VOTE: 4-1 Mayor Stoddard: Yea Vice Mayor Welsh: Yea Commissioner Edmond: Yea Commissioner Liebman: Commissioner Harris: Nay Yea