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Electric utility commissions across the nation are following the lead of California to cut compensation for rooftop solar generation. Is Idaho the next step in a death march for the industry?
Solar Insure told pv magazine USA the financial stability of rooftop solar companies operating in California is in question. Despite this, California reaffirmed recent anti-solar decisions in a recent appeals court hearing.
Virtual power plants (VPP) coordinate home energy resources, dispatching power to the grid at key times of high electricity demand in exchange for compensation.
The California Public Utilities Commission made yet another ruling to harm the value of rooftop solar and create beneficial market opportunities for the state’s large investor-owned utilities.
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Payment cuts to rooftop solar generation exports were in violation of state law, said the appeal.
With the days of solar net metering “numbered” and more utilities looking to deploy virtual power plants that compensate owners of distributed storage, industry veteran Jigar Shah sees virtual power plants as a route to industry success.
The company estimates that its technology can help residents in multi-unit buildings save up to 40% on their electricity bills.
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