Utah citizens grandfathered in to the existing rate framework prior to Novemwill still receive 100 percent, 1:1 credit for any power sent back to the grid until the end of 2035. Additionally, Utah solar customers will receive a credit for excess power they send to the grid at 90 percent or more. Today, there is still what equates to a nearly 10 cents per kilowatt-hour credit for residential rooftop solar users, and this rate of return will last until at least 2020. Yes, net metering is now gone, but the savings of going solar have not been erased they’ve merely been reprocessed, and, as mentioned above, only slightly reduced. The State Public Service Commission has only slightly reduced the rate at which Rocky Mountain Power credits Utah homeowners with solar arrays for the excess energy sent back to the grid from their homes. So do those considering going solar in the state of Utah, despite the recent changes to net metering. Contrary to uninformed opinion, Utah solar companies have reason to rejoice.
Therefore, as nonrenewable energy resources become increasingly scarce and susceptible to higher prices, the solar industry and residential solar prospects should remain undaunted by Utah’s minor changes in solar incentives.
#ROCKY MOUNTAIN POWER RATE INCREASE HISTORY FREE#
The last and greatest of a free market’s purposes is to deliver the right solutions to those who demand them.
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