Net Metering killed – It’s All About Control
The Louisiana Public Service Commission (LPSC) is going to authorize $107,760 for a one time “study” to changing the rules of Net Metering. (We’re calling this Net Metering 2.0) This dollar amount would buy 1,197,333 kilowatt-hours (kwh) of electricity at $.09/kwh. That’s almost 1.2 Megawatts! (I don’t know about you but I’d take the kilowatts over a study!)
We estimate that a small Louisiana solar home generates about 100 kwh of “excess” solar power a month. It is called excess only because it couldn’t be used at the time it was produced. (Most customers use it later in the day, just not that instant). Why would anyone want net metering killed?
This wasted $107,760 “study” money is the same as 1000 solar homes giving away 100 kwh excess solar generation each month for a whole year! Now, does that put this all in perspective for you?