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Homeowners Versus the Power Companies.
- Source :
-
Mother Earth News . Oct/Nov2024, Issue 326, p28-31. 4p. - Publication Year :
- 2024
-
Abstract
- The article discusses the battle between homeowners and power companies over solar-power reimbursement, which is shaping the future of energy independence. The cost of solar panels has significantly decreased over the years, making it more affordable for homeowners to invest in solar systems. Net metering, a policy that allows homeowners to be paid for the excess electricity they send back to the grid, has played a crucial role in incentivizing solar adoption. However, power companies are pushing to lower the value of the credit given to homeowners, citing the strain on the grid and the need for costly upgrades. This debate has led to varying regulations across states, with some states mandating fair compensation for solar-energy producers. Despite the patchwork of regulations, the demand for home solar is expected to continue growing. [Extracted from the article]
Details
- Language :
- English
- ISSN :
- 00271535
- Issue :
- 326
- Database :
- Academic Search Index
- Journal :
- Mother Earth News
- Publication Type :
- Periodical
- Accession number :
- 179011983