Compensation for Energy Generation - Utah Solar Pilot
- Dec 17, 2019 12:46 pm GMT
Proper compensation for the energy that's generated from renewable sources behind the meter (onsite) is an issue that seems to always be in flux. States have different approaches how best to compensate users per kilowatt hour and some are more generous than others. The state of Utah is no exception. Net metering as its known, provides end-users with compensation most often in the form of credits through your electric power utility. For the excess energy generated onsite and fed back onto the grid, Net Energy Metering customers (NEM) can be compensated at the full retail rate of energy, or less. Today, Utah and 41 states in addition to Washington D.C. and select U.S. territories, according to the National Renewable Energy Laboratory (NREL) offer some type of net metering compensation plans. Net energy metering is an important incentive for the use and adoption of distributed generation but certainly isn't the only one. Credits from net metering can also be accumulated and rolled over into future billing cycles when a user exports more power onto the grid than they import.
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.