Sneakers
Just sneakin' around....
California will significantly cut back the payments to solar homeowners, citing that it is not monetarily worthwhile. If homeowners want any benefits or ROI from their solar panels, they'll need to install battery banks at a significantly higher cost.
pv-magazine-usa.com
The Public Utilities Commission approved Net Energy Metering 3.0, slashing payments for sending rooftop solar production to the grid. New rooftop solar projects are now considered uneconomical without an attached battery.
Payments were cut as a result of a reported cost shift where non-solar owners cross-subsidize solar owners for maintaining the grid. The utility-backed concept suggests poorer Californians are paying higher utility rates to pay for lost profits that utilities endure in order to pay solar owner for delivering clean energy to the grid.
Lawrence Berkeley National Laboratory studied the effect, and found that for the vast majority of states and utilities, the effects of distributed solar on retail electricity prices will likely remain negligible for the foreseeable future.” The study found that distributed solar “likely entails no more than a 0.03 cent/kWh long-run increase in U.S. average retail electricity prices, and far smaller than that for most utilities.”
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California pulls the plug on rooftop solar
The Public Utilities Commission approved Net Energy Metering 3.0, slashing payments for sending rooftop solar production to the grid. New rooftop solar projects are now considered uneconomical without an attached battery.