A month after deciding upon the rates Dominion Energy will use to compensate PURPA customers, the state’s Public Service Commission has reversed the decision — raising the rates and laying the groundwork for a successful solar compensation structure.
The Tennessee Valley Authority will offer just over 2 cents per kWh for distributed solar, although TVA’s prior calculations show a value of 7.2 cents per kWh, or higher when counting avoided pollution. An environmental lawsuit may be brewing.
Regulators voted to cut the avoided cost rate paid to PURPA solar power projects in the state by ~33% to 2.134¢/kWh, while also shortening the length of the contracts to 10 years – which represents the lowest rates and contract lengths in the nation.
Hello wonderful readers and welcome to this week’s Hump Day morning brief. on this most wonderful of Wednesdays we have Target’s 500th rooftop installation, big procurement by Facebook and a NextEra project in South Carolina.
Happy Tuesday one and all and welcome to the pvMB. Today we’ve got for you a 1.4 MW project powering a cerebral palsy facility in New York, EVgo announcing 40% Growth in California and PG&E paying Topaz.
The utility is attempting to set the avoided energy cost rate for solar projects under PURPA at just $16.76/MWh for new generation and $23.46/MWh for queued generation. These are some of the lowest avoided cost rates seen to date.
The city of Georgetown has instituted a $50 monthly “accounting charge” on all residential solar customers because the city’s accounting software can’t comprehend the concept of energy being sent to the grid.
The power giant’s zero-carbon plan is contradicted by its rush to gas, and the numbers bear watching.
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