Customers that have invested in solar under NEM 1.0 and 2.0 may be forced into a regulatory scheme that would threaten their return on investment, based on guidance from the California Public Advoc…
I’m in the Great Republic of Texistan, and that split billing is how it works here: I pay the power delivery people $x+($0.0xkwh), and then the power generator $0.0xkwh.
The screw-you happens because the power buy back from the power company is a percentage of what I pay the REP (power company). So I get something like 85% of half the cost of a KWH back for every KWH I put back on the grid, and pay full sticker price for anything I import.
Solar is a piss-poor worthless investment here, simply because power isn’t expensive enough, and the payback for surplus isn’t even a McDouble at this point. Average monthly credit tends to be under $20 on a ~$130 bill. Better than nothing but the solar generation + buyback won’t ever pay for the panels before they’re EOL. Nevermind if I had spent $15k on batteries to go with it.
It’d be a shame to see that happen in other places that have historically done much better simply because of unsustainable costs due to well, greed and incompetence.
And they 100% should.
I’m in the Great Republic of Texistan, and that split billing is how it works here: I pay the power delivery people $x+($0.0xkwh), and then the power generator $0.0xkwh.
The screw-you happens because the power buy back from the power company is a percentage of what I pay the REP (power company). So I get something like 85% of half the cost of a KWH back for every KWH I put back on the grid, and pay full sticker price for anything I import.
Solar is a piss-poor worthless investment here, simply because power isn’t expensive enough, and the payback for surplus isn’t even a McDouble at this point. Average monthly credit tends to be under $20 on a ~$130 bill. Better than nothing but the solar generation + buyback won’t ever pay for the panels before they’re EOL. Nevermind if I had spent $15k on batteries to go with it.
It’d be a shame to see that happen in other places that have historically done much better simply because of unsustainable costs due to well, greed and incompetence.
Depends on where you live in Texas. My solar panels cut my summer bill in half, and my winter bill is usually zero.
If my power company didn’t pay me a decent buyback amount, I’d invest in an enphase battery and offset the cost of running appliances at night.