The Acadia Center and 20 other organizations and advocates wrote to DEEP on Dec. 22 to argue the proposed changes would lead to higher metering and billing costs and imperiled “the future of smart homes with storage and energy management.”
“Everything you’re generating on-site should be credited at the retail rate,” Emily Lewis O’Brien, a policy analyst with Acadia Center, said last week.
Would also seem that the Acadia analyst quoted has a valid point relative to residential solar production in that the home owner should be credited/reimbursed at the retail rate for the power they produce. The fact that the power companies back the new reimbursement proposal should tell us something. What is a the effect on state electricity tax revenue from the new proposed formula? Would not be surprised that it would be higher?
Read the full article from The Day here.