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 | Dec 18, 2015
Codes should be updated to reflect lessons learned from recent extreme weather events
More can be done to boost resiliency to flooding, extended power outages.
Codes and Standards | Dec 13, 2015
Los Angeles launches ‘Drop 100′ campaign to reduce water use in commercial buildings
Goal is to save 100 million gallons annually.
Codes and Standards | Dec 1, 2015
More than 50 design, construction, and real estate firms urge action on climate change
Call for policymakers to move on one of the ‘greatest economic opportunities of the 21st Century’
Codes and Standards | Oct 26, 2015
Chicago suburb considers bird collision deterrent requirement on all new buildings
The rule would mandate that new commercial, multifamily structures comply with LEED pilot program.
Codes and Standards | Oct 16, 2015
Anchorage may raise building height restrictions that would block precious winter sunlight
Controversial measure is part of plan to spur development.
Codes and Standards | Oct 16, 2015
Appellate court enacts nationwide stay on controversial expansion of Clean Water Act
New EPA rule suspended until court cases settled.
Codes and Standards | Oct 9, 2015
New California law means commercial building benchmarking program will be implemented
Multifamily housing to be included, a first for a U.S. state.
Codes and Standards | Oct 2, 2015
New ASHRAE guideline for commissioning existing systems and assemblies
Focuses on optimum facility and system operation.
Codes and Standards | Sep 18, 2015
New RELi standard addresses disaster resilience
Based on LEED model, may help lower insurance rates
Building Materials | Aug 28, 2015
Structural steel buildings specification available for second public review
Next year's specification open for comments until Sept. 21