| NH.Solar |
04-04-2017 05:09 PM |
A great bit of information Rusty! From a solar installation perspective there is quite a difference too. Eversource currently net meters at a 1 to 1 rate, while the Co-op is net metering at 75 cents on the dollar ...not sure about Wolfeboro Power.
When a customer connected to the Eversource grid sends excess solar production back into the grid, they receive a credit for that unit of energy equal to what they would pay Eversource for it when they purchase the same amount of power from the grid.
The NHEC and Wolfeboro however are not a public utilities and thus don't have to function under the same legislated directives as Eversource, Unitil and Liberty. The Co-op pays you roughly 70 cents for the same unit of power they would sell you for a dollar. Even though a lot of folks will disagree, this actually seems fair to me. They have logistical costs in maintaining the grid that must be compensated for.
As you can imagine the dollar for dollar net metering forced on the public utilities is under constant lobbying for change by the public utilities and it looks as though there will be a change very soon! (maybe June 30th). For anyone connected to a NH public utility that has been considering installing a solar system, CONTRACT IT NOW! If your interconnect application is filed before the expected date, you would be locked in to the 1 for 1 rate until 2040. This has a HUGE effect on the cost of going solar.
Much more on this can be found on my website. There is even a tab dedicated specifically to installing a PV solar system in the NHEC territory ...and for you unpowered island folks, energy storage. I have an off grid installation tentatively scheduled for Ganzy Island this summer, and for an admitted solar geek this is very exciting!
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