What’s behind the two cents per kilowatt-hour that TECO pays to people who produce more energy than they consume (so-called net producers)? Profiteering, based on my analysis. TECO appears to earn a 50% profit from net solar energy producers (even at current net metering rates) because its two cents “cost
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Background on Net Metering: TECO rate schedule analysis
This originally appeared in a holistic (i.e. too long) post, and the good stuff was buried at the bottom. I’ve kept the analysis here for anyone who’s interested in how I arrived at my ultimate conclusions in Why TECO Pays Less to Solar Net Producers. The Starting Point: Tariffs Have
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