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> I don't see what the big deal is about paying wholesale rates for electric generation whether it's a company or resident generating it Is that the big deal?
by roenxi 1y ago
> I don't see what the big deal is about paying wholesale rates for electric generation whether it's a company or resident generating it
Is that the big deal? It looks like the big deal is that utilities are being forced to buy energy at a higher-than-market price. If it wasn't legally required there is no way they would be paying retail prices for solar. It'd be like a supermarket paying retail prices to buy their stock - they can't make money if they buy at retail prices, sell at retail prices and have overheads of doing business.
That is a lot of money they're talking about. Such things are big deals.
- giantg2 1y agoYeah, but I'm questioning what the opposition is to them paying wholesale rates. Like why is there opposition to that amendment?
- roenxi 1y agoLiterally? Because then the people with rooftop solar will have less money. It is like asking why there is opposition to a 1% increase/decrease in taxes. Any change will face stiff opposition from some interest group.
- giantg2 1y agoAnd the rooftop solar group should be much smaller than the rest of the grid users. So that makes it odd they would get their way.