“Solar Installs Continue in New Hampshire Despite Hitting Net Metering Cap” by Staff, published in Solar Novus.
Net metering is the policy under which a grid-connected solar electric array is able to back-feed excess power to the utility company, who then credits the customer. Any time solar generation is not adequate to meet a customer’s electric demand, the customer uses electricity from the power grid, and is able to tap into solar credits to offset their bill on a per-kilowatt hour retail rate.
In response to New Hampshire’s largest utilities hitting solar net metering caps, local installer ReVision Energy has re-affirmed its commitment to the New Hampshire market. “Rapid advances in solar technology and the increasing cost of maintaining an outdated electric grid make it clear that solar will be a significant part of a 21st century grid,” said Dan Clapp, managing partner of ReVision Energy’s rapidly growing territory in New Hampshire,“Net metering is a foundational policy for a healthy solar industry,” Clapp noted, pointing to neighboring Vermont where utilities voluntarily asked for net metering caps to be raised after rapidly hitting outdated caps (set at 3% a decade ago). Those VT caps on solar penetration were recently lifted to 15% of total peak demand on the grid. New Hampshire’s cap on net metered solar (set at the turn of the century) is 1%, a number which highlights the potential growth in the sector once the arbitrary and outdated cap is lifted.