Myths And Facts About Net Metering For Solar Energy

…In a report by the Massachusetts Net Metering and Solar Task Force, task force member Eric Krathwohl stated that economic benefits of solar installation exceed $14 billion, or 20 cents/kWh — close to the residential price of electricity in Massachusetts of 19.52 cents/kWh, according to the most recent data from the Energy Information Administration. Further, a report from the Acadia Center on the “value of solar” – which factors in climate benefits — found that the value that solar photovoltaic systems provide to the grid ranges between 22 to 28 cents/kWh, with additional societal benefits of 6.7 cents/kWh…