Quote:
Originally Posted by chad86tsi
Expect the cost of off peak to go up, and the value of what you are selling to go down.
Just like gas prices, power is a commodity. Its pricing is dictated by market conditions. The market is changing rapidly.
The devaluation of residential solar generation has already begun, and has been codified in the law:
California Decreases Value of Home Solar Energy to the Grid
https://www.independent.com/2022/12/...y-to-the-grid/
The California Public Utilities Commission today overhauled the state’s rooftop solar regulations, reducing payments to homeowners for excess power
https://calmatters.org/environment/2...es-overhauled/
I'm not comparing grids, I'm comparing supply/demand economic realities. When you are selling what everyone is selling, and buying what everyone is buying, you get economically shafted coming and going. This fact doesn't care where you live. |
yeah, things got ugly here recently when it came to solar vs the electric companies..luckily they protected the existing solar customers and put new rules in for new customers. which is pretty messed up and will kill the solar companies and a lot of jobs unless they somehow win in a court battle
https://calmatters.org/environment/2...es-overhauled/
at the end of the day, I'm still very happy with solar and how much it has saved us... with two AC units and a pool we were getting $500 bills in the hot days of summer before we went solar.