It interferes with the Federal Energy Regulatory Commission's jurisdiction in regulating
wholesale electric rates, and also because the measure unlawfully interferes with interstate commerce.»
The consortium has long argued that the state rules interfere with Federal Energy Regulatory Commission (FERC) jurisdiction over
wholesale electric rates and unlawfully interfere with interstate commerce.
Not exact matches
And as the EIA points out, this brief
wholesale price drop hasn't been matched by overall drops in California's consumer
electric rates, which remain well above average.
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.
Your
electric supplier sets your
rates based on a variety of factors, in part through buying power from the larger
wholesale electricity market.
So much wind power was being supplied that Texas» grid operator that the
Electric Reliability Council of Texas (ERCOT) reported
wholesale electricity prices reached near zero and, in some cases,
rates went negative.
«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.
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.
With
wholesale rates that hover around $ 40 per MWh in ERCOT, a federal program that pays wind generators $ 23 per MWh ultimately destroys the economic underpinnings of the
wholesale competitive
electric market.