4 ms·
> Because net metering is forcing the utility to purchase power at the retail rate. No, it doesn't. I have solar+battery with net metering. I buy from the ele
by caseysoftware 4y ago
> Because net metering is forcing the utility to purchase power at the retail rate.
No, it doesn't.
I have solar+battery with net metering. I buy from the electric company at ~11.5c/kWh and sell our excess to them at ~2.7c/kWh for a difference of ~4.3x
As the sole entity that you can sell to - short of regulators being involved - they set the rate. And yes, there's already a monthly connection fee.
- HDThoreaun 4y agoYou don’t have net metering
- ok_dad 4y agoThat is not "net" metering, then. "Net" metering is having an import and an export accumulator meter and charging the customer for the "net" value in the equation "net = import - export". Anything else is marketing bullshit from utility industry organizations.
- caseysoftware 4y agoThat's what I thought "net metering" was before getting solar too. Most don't do that. Unfortunately, billing departments run the world.
- maxerickson 4y agoThe term is sort of self defining. Of course it's not surprising that some people just ignore that it means something specific as a phrase. In my state, they don't try to call different rates for demand and generation "net metering": https://aurorasolar.com/blog/what-to-know-about-dtes-net-metering-replacement-in-michigan/ https://aurorasolar.com/blog/what-to-know-about-dtes-net-met... https://www.michigan.gov/mpsc/consumer/electricity/distributed-generation https://www.michigan.gov/mpsc/consumer/electricity/distribut...
- ok_dad 4y agoThat is supposed to be what net metering is, but electric utilities captured the regulators and changed the definition to ensure they could cheat the consumer out of the value of their bought and paid for solar panels.
- deleted 4y ago[deleted]