Originally posted by shtferbrains
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he new rule would cut the rate solar customers get for selling their excess energy by a fair chunk. The rate will decline to 3 to 4 cents per kilowatt-hour during most sunny hours of the day, down from 17 to 44 cents per kWh previously, according to estimates from Pol Lezcano, North America solar analyst at BloombergNEF.
in California. Its solar-heavy grid has an abundance of electricity during daylight hours but a steep drop once the sun sets. That creates strains. Hawaii, which saw furious growth in rooftop solar before getting rid of net metering in 2015, had to do so largely out of necessity—parts of its grid were overwhelmed by a surge of solar electricity generated during the day.
What does that do for your payback period Chuck?
In our climate and latitude with solar completely put of sync with demand, we would reach this breaking point at far lower penetrations than California did.
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