Solar energy production by individual homes is likely being thwarted by behind-the-scenes accounting at power companies and the market for solar panels. What do I mean by that? Well, the economics of an individual homeowner to invest in a solar array for their home for a grid-tie system are driven
Continue readingTag: power company
Why TECO Pays Less to Solar Net Producers
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
Continue reading