The results are in: net metering benefits California ratepayers! Vote Solar funded consulting firm Crossborder Energy to conduct an in-depth analysis of the costs and benefits of net metering to the ratepayers of the three California IOUs, using a CPUC-approved economic model. The study concludes that net metering’s benefits to the ratepayers of those utilities outweigh the costs: the benefits to ratepayers in SCE, PG&E, and SDG&E territories will total more than $90 million every year by the time the state’s net metering program is fully subscribed at 5% of peak demand.
Check out our neat fact sheet for additional context . . .
Vote Solar Fact Sheet, Benefits of Net Metering in California, Jan 2013