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ORDER NO. PSC-2020-0508-TRF-EI DOCKET NO. 20200209-EI PAGE 2 program and the pending SolarTogether petition.4 On March 20, 2020, we approved the optional SolarTogether program and tariffs The SolarTogether program allows FPL customers to subscribe to a portion of new solar capacity built through the program and to receive a credit on their bill based on a portion of the system savings produced by that solar capacity. In this instant petition, FPL proposed to extend SolarNow until December 31, 2025, while ceasing construction of additional SolarNow assets in 2021, which is discussed in Issue 1 of the recommendation. Additionally, FPL has proposed to accelerate depreciation of all SolarNow assets over a five-year period from 2021 to 2025, to coincide with the program's expiration, which is discussed below. FPL's proposal to accelerate the depreciation of the SolarNow assets is designed to align with the proposed termination of the program in December 2025. Under the proposed tariff language, the program would remain open to current and new participants. FPL's proposed SolarNow tariff revision, as shown in Attachment A, extends the termination date for service under the program from December 31, 2020 to December 31, 2025, and removes language to provide greater clarity on the SolarNow expiration. On September 9, 2020, FPL waived the 60-day file and suspend provision of Section 366.06(3), Florida Statutes (F.S.), until the December 1, 2020 Agenda Conference. We have jurisdiction over this matter pursuant to Sections 366.05, 366.06,and 366.075,F.S. II. Decision The Current SolarNow Program SolarNow was designed to be fully-funded by participating customers who voluntarily contribute to the program. Participants contribute to the revenue requirement associated with constructing and operating solar structures and the funding of educational outreach events hosted by the utility. The revenue requirement includes a return, depreciation, operations and maintenance expenses, and other costs such as property taxes and insurance. As required by the 2014 Order, marketing and administrative expenses are capped at 20 percent of participant contributions. FPL has met this requirement each year since SolarNow's inception. Since 2016, FPL has demonstrated that the revenues received under SolarNow exceed the revenue requirement of the solar facilities. FPL projects that the customer contributions for 2020 will total $5,658,000 by year end, while the 2020 revenue requirement for the program will total $5,386,000 by year end.6 The electricity generated by the solar facilities displaces fuel that otherwise would have been used for generation, resulting in avoided fuel costs. FPL calculated the 2020 fuel savings to be $67,000, resulting in an estimated positive net impact to all customers of$340,000. Order No. PSC-2019-0544-TRF-EI, issued December 20, 2019, in Docket No. 20190190-EI,In re: Petition for approval of twelve-month extension of voluntary solar partnership rider and program, by Florida Power& Light Company. 5 Order No.PSC-2020-0084-S-EI,issued March 20,2020,in Docket No. 20190061-EI,In re: Petition for approval of FPL SolarTogether program and tariffby Florida Power&Light Company.