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In addition, the home owners are selling a electricity at a fixed time and buying it back with flexibility, not taking into account the spot price of the electr
by reitzensteinm 13y ago
In addition, the home owners are selling a electricity at a fixed time and buying it back with flexibility, not taking into account the spot price of the electricity (which is going to lower drastically during peak solar times over the next few decades).
If every home owner installed sufficient solar power to be neutral under net metering, the grid would have to be maintained, with traditional generation supplied at off peak solar times at no cost to the home owner.
If that doesn't show how heavy a subsidy net metering is, I don't know what will. It's not sustainable and should never be used to price out solar.