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
| Aug 14, 2014
CDC report highlights need for heat acclimatization to prevent worker deaths
CDC supports OSHA’s analysis suggesting that the primary risk factor for heat fatalities is the lack of acclimatization programs.
| Aug 8, 2014
California revives study of earthquake faults
California reinstituted an ambitious plan to study dangerous earthquake faults and create zoning maps that could restrict development.
| Aug 6, 2014
Loudoun County, Virginia may dump green building requirements
Loudoun County, Va., supervisors may do away with a county policy that requires LEED Silver certification on new county buildings.
| Aug 6, 2014
$300 million mixed-use project in Chicago’s medical district wins key approval
The Illinois Medical District Commission approved a 1.16 million-sf, $300 million mixed-use project in Chicago’s Illinois Medical District.
| Aug 4, 2014
Facebook’s prefab data center concept aims to slash construction time in half
Less than a year after opening its ultra-green, hydropowered data center facility in Luleå, Sweden, Facebook is back at it in Mother Svea with yet another novel approach to data center design.
| Jul 31, 2014
LEED Dynamic Plaque gives owners and tenants ability to monitor building performance
The LEED Dynamic Plaque could aid certified buildings in maintaining performance with up-to-date information about water and energy use, waste reduction efforts, occupant experience, and other green performance categories.
| Jul 31, 2014
Gypsum Association releases updates to wallboard repair standards
The Gypsum Association released updates to both GA-221 Repair of Joint Ridging and GA-222 Repairing Screw or Nail Pops standards publications.
| Jul 31, 2014
Cambridge, Mass., is latest locale to require energy usage disclosure
The City Council of Cambridge, Mass., approved the Building Energy Usage and Disclosure Ordinance (BEUDO) that requires benchmarking and disclosure of building energy performance for large commercial, institutional, and multifamily buildings.
| Jul 31, 2014
Stalled $1.5 billion Miami mixed-use redevelopment project advances
A long-delayed $1.5 billion mixed-use development in Miami moved ahead after city planners approved the project’s first phase.
| Jul 30, 2014
USGS updates National Seismic Hazard Maps
The U.S. Geological Service recently released an update of U.S. National Seismic Hazard Maps that reflect the latest analysis of where future earthquakes will occur, how frequently they may occur, and their strength.
