Debate Arises over Issue of Sustaining Net Metering Projects
Posted on Jul 25, 2013 in Environmental, Regulation & Policy, Renewable Energy, Technology | Comments Off on Debate Arises over Issue of Sustaining Net Metering Projects
Some coops in the Northeast are concerned about the legal ambiguities of financing small renewable energy projects. Coops in Vermont are subject to a law that requires utilities to credit customers 20 cents for every kWh they produce through small renewable energy systems, or net metering systems, unless a utility’s total net metering surpasses 4 percent of its peak demand from the previous year. Coops are questioning whether they can continue to reimburse customers at a higher rate after hitting the 4 percent threshold. VTDigger has the full story.
