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To: aquila48

In my area, the utility pays wholesale rate for excess generation, about 2 cents per kWh, then sells it to my neighbor for 10 to 20 times that price. Also, during peak demand, like during a heatwave, I am selling them power at small fraction of the cost of starting up “peaking plants” to meet emergency demand.

No doubt I’m getting the better deal (a free unlimited virtual battery), but it’s not a one way street. And while my neighbor might be subsidizing my power, I’m subsidizing his kids school, lunch, daycare, etc.


56 posted on 10/17/2020 11:57:45 AM PDT by ETCM
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To: ETCM
In my area, the utility pays wholesale rate for excess generation, about 2 cents per kWh then sells it to my neighbor for 10 to 20 times that price

You have it backwards. Your neighbors are being forced to buy your unreliable power for full retial price instead of wholesale power for 3 to 4 times less. In fact your 2-4 cents extra money (depending on location in California) is above and beyond the full retail price you are selling your excess power for.

The 2 cents applies to annual excess power. That's after annual net metering where you sell excess power at full retail price in the summer and buy needed power at full retail price in the winter using the summer credits.

64 posted on 10/17/2020 1:15:15 PM PDT by palmer (Democracy Dies Six Ways from Sunday)
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