Perhaps there is hope for rooftop solar panel owners yet to save their investments.
According to an article posted on the Las Vegas Sun’s website Thursday afternoon, but not deemed worthy of being printed today, the Governor’s New Energy Industry Task Force Technical Advisory Committee on Distributed Generation and Storage agreed in principle to allow current residential solar panel owners’ rates to be grandfathered until 2035.
The agenda for the meeting of that panel Thursday included a presentation by solar panel installer SolarCity and discussion of the value of distributed solar generation, as well as a review of alternatives to the net metering rates passed by the Public Utilities Commission at the beginning of the year.
The PUC voted to “transition” to new net metering rates over 12 years and eventually increase the connection fee for solar panel customers from $12.75 to $38.51 a month and cut the credit for power uploaded to the grid from 11 cents per kWh to 2.6 cents — to the point some solar panels owners could be paying more for power than neighbors without solar panels.
The PUC swallowed NV Energy’s bogus argument that it is paying rooftop solar power generators 11 cents per kWh for excess energy, which is more than twice the 4.4 cents per kWh the utility company pays for energy on the open market. But that 4.4 cents is the 24-hour average. Solar panels generate extra power during the peak period when rates can easily exceed 30 cents per kWh.
The Sun article said Thursday’s agreement is a first step toward possible legislation repeal of the PUC action, so any change probably won’t come until June 2017 at the close of the legislative session in Carson City.
SolarCity told the panel that it plans to release a report in the coming weeks showing that solar panel owners are not being subsidized by non-panel owners to the tune of $52 a month, as NV Energy contends, but rather benefit all ratepayers by at least two cents per kWh.
In February, The Alliance for Solar Choice told the PUC that each residential solar panel owner provides a net benefit of $12.08 per month to NV Energy customers.
The technical panel is to continue discussion of the topic at a May 18 meeting.
Should the grandfather change ever come to pass by the end of 2017, I wonder if we’ll get back the cost increase we’ll have paid?
Unfortunately there’s a two word roadblock to this process…Warren Buffett. (I always like Jimmy better!)
Me too.
Recession, Aggression, Depression good God
CNN keeps bummin’ me out.
I can’t take another doomsday minute.
Got a lot to drink, a lot to think,
a lot to drink about.
God bless America