How to price net metering

Charles Chicchetti

At Harry Reid’s clean energy confab today there was a panel debate on how net metering — for rooftop solar installations mostly — should be paid for and by whom.

Charles Cicchetti of Pacific Economics Group explained that much of the so-called reform being touted is about the utility companies bottom line. He said solar panel owners are not selling power to the utility but are banking it, just as they might put money in the bank.