Friday, August 30, 2013

The 1% Grab Net Metering Deals, The 99% Pay More For Power (….?)

That’s the suggestion in a Black & Veatch report:

“The dynamic is what I refer to as the unintended consequence of encouraging renewable development,” said John Achenbach, Vice President of Black & Veatch’s management consulting division, who attended the conference.

A couple of utility speakers noted that the customers who generally benefitted from the solar programs are those who have strong credit ratings. “

So what ends up happening – the more affluent people are coming off of the grid with net metering, and you’re leaving all of the infrastructure and capital cost to the lower income part of your rate base,” Achenbach said.

“There’s a shift of costs in the wrong direction, because of trying to be environmentally responsible.”

Source: http://electricalcontractor.com/?p=10878

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