A proposed revision of California’s solar net energy metering rate would be disastrous for the goal of advancing solar power, according to a utility rate design expert and economist.
As reported at PV magazine, the proposed decision by the California Public Utilities Commission would increase the payback period for rooftop solar to over 20 years, according to Dr. Ahmad Faruqui. Under current rules, the payback period is between seven and nine years. The expected lifespan of solar panels is 20 to 25 years, making a 20-year payback unattractive to most homeowners, critics charge.
The new proposal would mean that a customer with a moderate system size of 7 kW would pay an additional $56 per month for fixed charges alone. In addition, the plan would lower solar export payments by nearly 80%.
Proposal opponents are calling on Gov. Gavin Newsom to intervene.
Related Stories
Codes and Standards | Mar 1, 2018
Net zero commercial building trend shows strong momentum
Almost 50% more zero energy commercial buildings under construction in 2017.
Codes and Standards | Feb 28, 2018
AEC industry reported high levels of fraud, cyber breaches, and security incidents in 2017
83% experienced at least one fraud incident.
Codes and Standards | Feb 27, 2018
Smart surface solutions can improve disaster resilience, health and comfort in cities
Stormwater management, water quality, and heat island effect could all be impacted.
Codes and Standards | Feb 26, 2018
Bolstering energy efficiency would produce significant health benefits, ACEEE study says
Reducing energy consumption by 15% would save six lives a day.
Codes and Standards | Feb 22, 2018
GBCI will certify underwriting standard for energy efficiency projects
Investor Ready Energy Efficiency (IREE) certification aims to boost confidence in predicted energy and financial savings.
Codes and Standards | Feb 21, 2018
FEMA document provides simplified seismic design provisions for low-hazard regions
Forty four states have areas defined as low-hazard.
Codes and Standards | Feb 20, 2018
Federal budget includes disaster mitigation provisions
Bipartisan bill encourages states to adopt latest building codes.
Codes and Standards | Feb 19, 2018
Easy access to indoor environment controls yields improved efficiency and workplace productivity
JLL/Purdue University project is developing algorithms to improve indoor comfort.
Codes and Standards | Feb 14, 2018
After Energy Star stopped certifying medical properties, a REIT developed its own certification
Welltower uses internal system to evaluate total building performance.
Codes and Standards | Feb 13, 2018
Rezoning, innovative investor enabling development of a “metroburb” in New Jersey
Indoor mixed-use “Main Street” blossoms in giant former Bell Labs building.
