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That’s because net metering is a transfer from people who can’t afford solar to the rich people who can. https://energyathaas.wordpress.com/2024/04/22/californ
by barney54 8mo ago
That’s because net metering is a transfer from people who can’t afford solar to the rich people who can. https://energyathaas.wordpress.com/2024/04/22/californias-exploding-rooftop-solar-cost-shift/ https://energyathaas.wordpress.com/2024/04/22/californias-ex...
- triceratops 8mo agoWhich is true. But it's a rug pull for people who spent money on their panels expecting an RoI. Were existing installations grandfathered in?
- throwworhtthrow 8mo agoYes, existing installations get 20 years of grandfathered rates [1]. Which makes it more of a ladder pull than a rug pull... [1] https://www.sce.com/clean-energy-efficiency/solar-generating-your-own-power/billing-incentives/net-energy-metering https://www.sce.com/clean-energy-efficiency/solar-generating...
- direwolf20 8mo agoThat's fine. If we have enough X then stop paying people to build more X.
- direwolf20 8mo agoLate thought: we continue to reward those who built more X when we needed more X, and that's fine too.
- Analemma_ 8mo agoThe first round of people paid way more for their solar panels though, and those higher prices helped bootstrap the industry. Should people who paid much less for panels get the same reward? I'm having trouble getting outraged about this, it seems to be incentives working exactly as they should.
- throwworhtthrow 8mo agoI agree, and maybe my "ladder pull" comment comes off as too negative. Most early solar buyers were either in it for environmental reasons or for a modest return on investment. I don't think many were expecting a windfall.
- pkaye 8mo agoSolar has become all about ROI these days just like home ownership has become an investment.