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To: srmanuel

“same rate they charge you for power”

Power company should pay you only the cost of the fuel they didn’t have to burn.


20 posted on 10/17/2020 9:03:06 AM PDT by cymbeline
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To: cymbeline

Some states do that but not Florida, the theory being, they charge you to use their power, they should pay you the same to buy your power....


31 posted on 10/17/2020 9:50:44 AM PDT by srmanuel (It)
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To: cymbeline

In Texas with deregulated power the grid operator pays solar the offset rate which is exactly the current average LCOE when the kwhr was banked. Meaning that the bank rate is offset cost of not generating that kwhr to include the fuel cost saved but also operating and maintenance and capital costs the Levelized Cost Of Electricity or LCOE is the all in cost. It’s the only fair way in a deregulated industry to account for incoming solar power. The power distribution network is owned by a licenced separate entity in Texas called oncor they only distribute power and charge a rate currently 3.4c per kwhr regardless of where it came from this charge is ALWAYS payed by the consumer of the power not the generator.


84 posted on 10/18/2020 5:37:51 PM PDT by JD_UTDallas ("Veni Vidi Vici")
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