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Webinar: The Value of Solar: Assessing the Benefits, the Costs, and what it May Mean for Net Energy Metering
Thursday, 22 September 2016, 2:00
Thursday, September 22, 2016. 2:00 PM. Webinar: The Value of Solar: Assessing the Benefits, the Costs, and what it May Mean for Net Energy Metering. Jim Lazar, RAP; Thomas VItolo, Synapse Energy Economics. Sponsored by Regulatory Assistance Project. More information here.
According to the U.S. Department of Energy, installations of solar photovoltaics (PV) have grown from 1.2 GW in 2008 to an estimated 30 GW today, generating enough electricity to power the equivalent of 5.7 million homes. This dramatic increase is raising questions—and some controversy—about the value solar generation brings to the grid. How this value is defined has a marked effect on how it is reflected in compensation rates for generators, often through mechanisms like net energy metering (NEM), as well as how the value is reflected in the compensation framework for PV customers. Some utility regulators are motivated to consider alternatives to NEM.