Everybody aboard the energy (Solar, Wind, Hydro and Gas) omnibus, House preparing comprehensive electricity bill

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Solar is the big wild card. There is growing consensus that the financial incentives for solar development are too lavish and need to be adjusted downward, but the House and Senate are far apart on how big the adjustments need to be.

 

Just before the close of last year’s session, the House and Senate stalemated over the issue of net metering, which is the way solar developers are compensated for the electricity they feed into the grid. The current net metering price is 18 cents a kilowatt hour. The House wanted to cut it to 5 cents and the Senate countered with tiered rates for various types of projects, with prices ranging from 9 to 12 to 18 cents a kilowatt hour.

 

A conference committee consisting of members from the House and Senate was appointed to resolve the different net metering approaches of the two branches, but there has been little progress. Many think net metering and the whole issue of solar incentives may be tossed into the omnibus pot.

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John Weaver
John Fitzgerald Weaver has worked in the Finance and Solar fields since 2005. He is currently employed by Beaumont Solar Co. with a focus on Commercial and Utility Development. John is a hands on salesman, with a strong engineering background who got into solar power because he felt a lack of inspiration in banking:

“Solar power aligned with many needs – my interests (technology), my morals (I think solar is important on multiple species wide levels), my need for growth (there is a lot to learn in this growing industry), and my desire to be part of something important (energy is one of the most important and fundamental – if not the fundamental – of human needs). I chose the Solar Life”

If you have a solar project in mind, you can reach John at 508-990-1757 extension 209

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