just curious ... who put up the money for it?
I’m the land owner, the solar power company is leasing valuable roof space from me the owner of that real estate. In exchange for a 25 year contract and ground lease they get to sell power to the grid and to me at a fixed rate of 3c per kwhr I don’t know or care what they charge the grid which in Texas is regulated by ERCOT and bid on in real time via smart meters and smart inverters. In Texas EVERY power producer bids to sell power to the retail power sellers who then transport that power via Oncors distribution network. It’s a three tier system the power producer’s sell whole sale power to licenced deregulated retail power providers who then transport that power to their consumers via Oncor network. Power producer’s cannot by law sell directly to the consumer most have their own retail seller branch but they must also compete on a level field with all the other sellers. My solar power company that is leasing my land from me is a power producer they sell at what ever rate they bid for in real time. For what I actually us every month I’m in contact with them for a all in cost of 3 cents per kwhr which is one 5th the prime retail rates and half the off peak rates. Like I said I don’t even bother to try to save power any more my house is shivering cold all summer long couldn’t be happier.