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Posted by / 09-Nov-2017 13:01

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The new tariff institutes a new, higher fixed monthly charge (i.e.independent of energy use) for net metering customers and implements a tiered de-escalation of the ‘credit’ these customers receive for their excess generation.The credit is now extended through the end of 2019 at the 30% level, and will step down to 26% in 2020, 22% in 2021, and 10% in 2022 and future years.Geothermal heat pumps continue to be eligible for a 10% ITC through the end of 2016, and geothermal electric systems are eligible for a 10% ITC through 2022 and future years.What this amounts to is that solar energy producers will not be credited for excess generation during the day in the way they’ve historically been used to, making pay-back periods much longer and threatening economic viability of many projects altogether.The PUC hearings for these rulings received enormous press and included testimony from stakeholders across the energy industry such as high profile energy developer Elon Musk, Solar City board chairman.Those credits are used at night when loads are typically higher in the house and the PV system is not generating.Historically, net metering rules have given a 1:1 credit for excess generation meaning every excess k Wh generated is a k Wh credited.

of Life Food Pantry Epworth United Methodist Church, 501 Morgan Ave, Palmyra, NJ Hours: every 3 Saturday of the month, 10AM-1PM Christian Caring Center Rte 530, Pemberton, NJ 08068 609-893-0700 Food & Clothing, Community Meals, etc.In keeping with what seems to have become a semi-annual tradition, the Section 45 Renewable Energy Production Tax Credit (PTC) was resurrected at the end of 2015.The Consolidated Appropriations Act, 2016 passed in early December retroactively renewed the PTC through the end of 2014.Late last year the Hawaii PUC similarly voted to end net metering for Hawaii Electric Company’s (HECO) solar generating customers.The related issues behind this vote were decidedly a bit more complex than in Nevada due to the uniquely high solar penetration Hawaii is experiencing (as of October 2015, roughly 16% of HECO Companies customers were generating power with grid-connected solar the capacity of which amounted to about 35% penetration on the system peaks[2].

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Currently, this mechanism of shifting energy generation from daytime to nighttime using credits is what helps incentivize and fuel solar growth at the consumer level.

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