US94 - Fair Payment for Energy Generation
Net metering is a policy that ensures that small-scale, distributed electricity generators are compensated for their production. Put simply, it allows people's meters to "run backwards" to account for the electricity their solar or other renewable source produces. Currently 42 states have their own policies around net metering, though they vary widely from state to state.
A national net metering standard would provide certainty to people who wanted to shift to renewable energy that their investment would be worthwhile. It would also firm up new markets for solar and wind companies, which would create thousands of jobs.
Net metering is common sense. If you produce energy, you should be paid for it fairly. Utilities benefit from your production, they should compensate you. In too many parts of the country, utilities are able to make solar harder and
In addition to that, small-scale, distributed electricity generation is cheaper for utilities because there's less loss in transmission; the source and the consumer are in the same place.
We talk alot about job creation these days; a national net metering standard is a cheap, easy way to rapidly expand the renewable energy industry and create thousands of jobs.
It makes sense that utilities pay back the retail rate when reimbursing, but does it make sense for them to pay retail for production beyond that? Shouldn't they pay a wholesale rate instead since they will only be able to sell it back to customers at retail, and they need a bit of margin to cover costs and make a fair profit?
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