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You are here: Home / Solar In The Media / Solar Installs Continue in New Hampshire Despite Hitting Net Metering Cap

Solar Installs Continue in New Hampshire Despite Hitting Net Metering Cap

January 26, 2016 by solarfornh

“Solar Installs Continue in New Hampshire Despite Hitting Net Metering Cap” by Staff, published in Solar Novus. 10kw-in-byfield-nh

 

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 “Rapid advances in solar technology and the increasing cost of maintaining an outdated electric grid make it clear that solar will be a significant part of a 21st century grid,” said Dan Clapp, managing partner of ReVision Energy’s rapidly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to neighboring Vermont where utilities voluntarily asked for net metering caps to be raised after rapidly hitting outdated caps (set at 3% a decade ago).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at the turn of the century) is 1%, a number which highlights the potential growth in the sector once the arbitrary and outdated cap is lifted.

More at: http://www.solarnovus.com/solar-installs-continue-in-new-hampshire-despite-hitting-net-metering-cap_N9672.html#atop

Filed Under: Solar In The Media

Solar Fun Facts

New Hampshire receives 30% more sun than Germany, a global leader when it comes to renewable energy with over 1 million solar systems installed. 

The number of solar installers is predicted to increase more than almost any other job over the next seven years, making the solar industry one of the fastest growing sources of employment in the United States. 

The cost of solar panels has dropped by almost 65% over the past decade. 

Planned investments in clean energy are expected to double by 2030, potentially mobilizing an additional $1 trillion in private capital. 

Covering just 1% of New Hampshire with solar panels would be enough to supply the entire state’s energy needs indefinitely. 

solar in the media

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  • Weeks: New Hampshire’s new clean energy consensus April 22, 2019
  • Hitting the cap: Industry, utilities, lawmakers debate changes to renewable energy net metering limits March 3, 2016
  • Fear of job cuts boosts solar program February 22, 2016