The Future of Rooftop Solar Uncertain as Duke Seeks To Lower It’s Net Metering Payments to Consumers

Source: WRAL

Home owners purchasing rooftop solar systems currently receive a payback from Duke Energy for the electricity their solar panels over produce during daylight hours which is called “net metering”.  This coupled with a federal tax rebate has made rooftop solar affordable for folks wishing to reduce their carbon footprint and help in fighting climate change.

Unfortunately, House Bill 589, which became law in 2017, ordered changes to net metering, but only after conducting a study of the costs and benefits of it.

Steve Miller, owner of YES Solar Solutions in Cary, says the proposed deal would cut the value of his product by 25 to 30 percent.

“Frankly, I think it’s going to cause a lot of people to doubt whether solar is the right avenue for them to take in the future,” Miller said. “I think it’s unfair to people that want to invest and do the right thing for the climate.”

The NC Utility Commission should do its own, impartial study of both aspects of net metering before making any decisions on eliminating the payback. Duke Energy’s net income amounted to approximately 3.6 billion in the financial year 2021. It seems clear that the net metering payback to consumers isn’t hurting their bottom line.

Share:

More Posts

 La Corte de Apelaciones Federal Mantiene el Bloqueo al Uso de la Ley de Enemigos Extranjeros por Parte de Trump para Deportar Inmigrantes

Una corte de apelaciones federal ha rechazado la solicitud de la administración Trump para levantar una orden de restricción temporal (TRO) que bloquea el uso de la Ley de Enemigos Extranjeros por parte de la administración Trump para deportar a inmigrantes. La decisión de 2-1 proviene de una demanda presentada por la Unión Americana de Libertades Civiles (ACLU), Democracy Forward y la ACLU del Distrito de Columbia.

¡Únete a la Lucha por los Derechos de los Pacientes con Planned Parenthood!

El miércoles 2 de abril, la Corte Suprema de los Estados Unidos escuchará los argumentos orales en el caso Medina v. Planned Parenthood South Atlantic, un caso de Carolina del Sur que decidirá si el gobierno puede impedir que las personas que usan Medicaid accedan a los servicios de Planned Parenthood, como anticonceptivos, exámenes de cáncer y otros servicios rutinarios de salud sexual y reproductiva. Este caso pone en riesgo el acceso a la atención médica para millones de personas que han confiado en Planned Parenthood para servicios de salud sexual y reproductiva.