In another step forward for clean, renewable solar energy, the New York Public Service Commission (PSC) has approved raising the net energy metering (NEM) cap from 3 percent to 6 percent for all utilities. At the same meeting, the PSC announced plans to advance Community Shared Renewables, an innovative concept that could enable renters and millions of other New York energy consumers to go solar for the first time.
Net Metering/Net Energy Metering (NEM)
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Any way you look at it, the sun continues to shine brightly on America’s solar energy industry.
As distributed generation continues its rapid expansion, these new resources will have an increasingly larger role.
WASHINGTON, D.C. – With widespread voter dissatisfaction evident in Tuesday’s national and state elections, Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), today urged Republicans, Democrats and independents to take a more “collaborative approach” to solving many of the nation’s pressing problems:
Several states are currently addressing the issue of net metering program caps, which limit the total amount of net metered generating capacity that can be installed in a state or utility service territory.
LAS VEGAS, NV – Calling solar "critical to the United States" when it comes to meeting its future carbon reduction goals, Department of Energy Secretary Ernest Moniz today delivered the keynote address at Solar Power International (SPI), the largest solar trade show in America, co-sponsored by the Solar Energy Industries Association (SEIA).
"Cost reduction, as we have seen dramatically in solar energy, is very much a part of shaping our clean energy future," Moniz said. "We've seen costs of modules decline by nearly 80 percent.
Utilities have taken on the practice of applying standby and fixed cost charges specific to solar PV for customers choosing to go solar as a means to recover costs resulting from net energy metering (NEM).
With the clock running out on its 2014 session, the Massachusetts Legislature has agreed to a short term fix to address the bottleneck of solar projects across the Commonwealth by immediately raising the cap on net metering.
SEIA, NECEC Endorse Massachusetts’s Precedent-setting Legislation to Eliminate Solar Net Metering Cap
Saying it reflects consensus from major clean energy, utility and environmental stakeholders while solidifying the Commonwealth’s commitment to 1,600 megawatts (MW) of solar energy by 2020, the Solar Energy Industries Association (SEIA) and the New England Clean Energy Council (NECEC) today announced their support for proposed legislation for a new net metering and renewable energy incentive program that will result in hundreds of millions of dollars in cost savings for ratepayers.