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Credits are typically $0.05 per kWh, but when electricity demand is high it can spike up to $2.87 per kWh. [82] California's net metering policy was rated 19th by Solar Reviews in 2021, California receives a B only because electricity credits include charges and don't pay at full retail rate but at marginal cost. [83]
The export rate would amount to $0.15/kWh for installations until the distributed power exceeded 7% of the utility's customer demand. Subsequently, the rate would fall to $0.13/kWh. [20] Throughout 2017, California implemented "Net Metering 2.0" where the compensation to solar customers is close to retail rates.
More than 3 million households and businesses have connected their solar panels to the grid, with California, Arizona and Hawaii leading the nation.
An insolation map of the United States with installed PV capacity, 2019. A 2012 report from the National Renewable Energy Laboratory (NREL) described technically available renewable energy resources for each state and estimated that urban utility-scale photovoltaics could supply 2,232 TWh/year, rural utility-scale PV 280,613 TWh/year, rooftop PV 818 TWh/year, and CSP 116,146 TWh/year, for a ...
Last year, the State of California slashed the utility bill credit for families who send solar power back to the grid by more than 70% (installations dropped by more than three-quarters as a result).
Bernadette Del Chiaro, the executive director for California Solar and Storage Association, said a solar panel system for a single family home typically costs $3.75 per watt.
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