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Be careful with these kind of long term sell back agreements. In the USA lots of early adopters of solar did so under net metering agreements where excess elec
by barbacoa 2mo ago
Be careful with these kind of long term sell back agreements.
In the USA lots of early adopters of solar did so under net metering agreements where excess electricity is sold back at full price. After a number of years it was costing the utility companies too much money. So they updated the terms such that residents with solar buy electricity at retail prices (~$0.25) but sell it back at wholesale (~$0.04).
- fooblaster 2mo agoYes, I think the key thing here to to not guarantee that pricing like they did in California over decades. Yes, the benefit will eventually be reduced. But that is considered success is it not?
- barbacoa 2mo ago>But that is considered success is it not? Not if you took out a $50k loan for an early gen solar system and it now only saves $30 a month.
- fooblaster 2mo agowell, California currently is guaranteeing that benefit to nem 1 people for twenty years. I would much rather penalize those people than make everyone else pay a subsidy to them, as we are currently doing. They should bare the risk of their investment and get paid market rate. My issue today is .. I cannot be paid market rate for giving back to the grid, even in hours when California needs the power.