Future of U.S. Solar at Risk in Net-Metering Suppression

first_img FacebookTwitterLinkedInEmailPrint分享Nichola Groom for Reuters:In California, regulators voted in January to preserve so-called net metering, which requires utilities to purchase surplus power generated by customers with rooftop solar panels. But neighboring Nevada scrapped the policy – prompting solar companies to flee the state.The decisions foreshadow an intensifying national debate over public support that the rooftop solar industry says it can’t live without.“Without net metering, it just doesn’t work,” said Lyndon Rive, chief executive of top U.S. residential solar installer SolarCity Corp.More than 25 of the 40 U.S. states with net metering policies are reconsidering them, according to the North Carolina Clean Energy Technology Center at North Carolina State University.Opponents raise fairness concerns and argue that the industry no longer needs generous incentives, citing its rapid growth and solar panel prices that have fallen about 40 percent in five years.Net metering credits solar users – at full retail rates – for any surplus power their panels generate above household usage. That means many customers pay no monthly utility bill or even rack up excess credits, which they can redeem later in months when their systems produce less power than their home uses.For most customers, net metering and other incentives are essential to make solar power worth the steep upfront investment – between $17,000 and $24,000 for a typical system, according to data from research firm GTM Research. For systems that are leased, as most are, net metering creates a monthly savings over typical power costs.Solar providers understand those consumer economics, which explains why SolarCity last month shed more than 550 jobs in Nevada after the public utilities commission in December voted to end net metering at retail rates. The commission plans to reduce credits and raise service charges for solar customers gradually over 12 years.Future of U.S. solar threatened in nationwide fight over incentives Future of U.S. Solar at Risk in Net-Metering Suppressionlast_img read more

House ‘hastily’ approves P4.1-T 2020 nat’l budget

first_imgThe approval of the budget bill was contraryto the 2019 budget, which was delayed until April./PN Days after President Rodrigo Duterte certified the measure as urgent, the House of Representatives “hastily” approves the passage of the P4.1-trillion 2020 national budget. ABS-CBN NEWS House speaker Alan Peter Cayetano thanked hisfellow congressmen for passing a “quality people’s budget in record time.” The six lawmakers who opposed the passage ofthe budget bill were opposition congressmen Carlos Zarate, Eufemia Cullamat andFerdinand Gaite of Bayan Muna, Arlene Brosas of Gabriela, France Castro of ACTTeachers, and Sarah Elago of Kabataan. “The House sacrificed the proper scrutiny ofprograms and projects of the Duterte administration just to railroad theapproval of the 2020 national budget,” Zarate said. In a 257-6 voting on Friday, the Houseapproved on second and third reading House Bill No. 4228 or the proposednational budget for next year. MANILA – Days after President Rodrigo Dutertecertified the measure as urgent, the House of Representatives railroaded thepassage of the P4.1-trillion 2020 national budget. The proposed budget was the first to breach P4trillion. It prioritized funding for education, infrastructure, security,universal health care and the Pantawid Pamilyang Pilipino Program. “Opomabilis po tayo pero hindi lang po sa budget.Our passing the budget on record time will give our standing and specialcommittees more time to exercise their oversight functions,” Cayetano said. Cayetano urged his colleagues to submit theiramendments to the proposed budget as he admitted that the expenditure plan fornext year was still “imperfect.” The approval of the measure came a month afterthe Department of Budget and Management (DBM) submitted its proposed NationalExpenditure Plan to the Congress on Aug. 20.last_img read more