That policy is net metering, where owners of a rooftop solar system are paid
retail electric rates for any unused power that they generate.
5 % discount over normal
retail electric rates.
Enjoy a 5 % discount over normal
retail electric rates.
Yet, Texas produces more than double the amount of wind, solar and other renewable electricity as California while California's
retail electric rates were 89 percent higher than Texas» in 2017.»
Under a concept called «net metering,» solar customers in Connecticut now are paid
the retail electric rate for the power they sell back.
Solar customers are paid
the retail electric rate for the power they sell back to the power grid.
While these policies vary in details, customers with such systems are typically credited at the full
retail electric rate for any excess electricity that they generate and «sell» back to the utility.
Not exact matches
In December 2017, Honda began
retail deliveries of the Honda Clarity Plug - In Hybrid in the United States and Canada, with an EPA
rated electric - only range of 76 km (47 miles).
Suppose
electric utilities in Nevada were to reduce the compensation for net metering from
retail to wholesale
rates to put solar panel users on a level playing field with other generators.
But the group isn't entirely certain about the details, and calls for more research on consumer behavior, to understand how consumers will likely respond to price signals baked into
retail electricity
rates, especially when
electric vehicles «result in significant fuel cost savings.»
«(ii) electricity generated through the incineration of municipal solid waste owned by an
electric utility or sold under contract or
rate order to an
electric utility to meet the needs of the
retail customers of the utility;
-- The purpose of this section is to improve the ability of
retail rate utility customers to compare tariff options by making the most up - to - date
electric utility tariffs available in an online format that can be read and manipulated electronically.
Pacific Gas &
Electric (PG&E) customers in Brentwood are entitled to 1 for 1 net metering crediting each kWh of solar generation exported to the grid at the
retail rate.
«The reimbursement
rate should be changed from the
retail rate to the
rate the utility pays for wholesale solar generation from utility - scale projects connected to its distribution system,» argued Tucson
Electric Power Energy Supply Senior Director Carmine Tilghman recently.
«To put this in perspective, national average
retail all - in residential
electric rates in 2014 were $ 0.125 per kWh.»
The CES draft also concludes that Millstone's closure «Would drive up capacity and energy prices, resulting in higher electricity
rates in Connecticut,» which already has the second highest
electric retail rate in the country at about 20 cents per kilowatt hour.
Virtual net metering (also called virtual net energy metering, or VNEM) uses the same compensation structure as net energy metering (NEM): utilities pay customers the
retail rate for the energy that their solar system feeds back to the
electric grid, so that they pay only for the net amount of energy they consume.
Connecticut already has the second highest
electric retail rate in the country at about 20 cents per kilowatt hour.
Another oft - cited study, by LBNL in 2010, [8] did not examine the value of net metering of solar to non-participating
electric utility customers; instead, the authors reviewed the impact of
retail rate design on hypothetical net metering bill savings.
In most net metering states
electric companies are required to buy this power at the
retail rate, even though it would cost less to produce the electricity themselves or to buy the power on the wholesale market, and this arrangement leaves others to pay for infrastructure.