Stakeholders Reach Major Solar Compromise In Utah

http://solarindustrymag.com/stakeholders-reach-major-solar-compromise-utah

 

RMP received a lot of backlash from solar advocates when the utility proposed controversial NEM rate changes last November, and the utility has been working on reaching a compromise with stakeholders ever since.

The new settlement agreement includes a grandfather clause under which RMP would continue compensating existing solar customers for their excess energy with retail-rate NEM credits – at an average of 10.5 cents/kWh – through Dec. 31, 2035. Moving forward, the agreement would establish a three-year transition program under which new customers  that apply after Nov. 15, 2017, would be compensated at a slightly lower export rate of 9.2 cents/kWh. Meanwhile, the PSC would work on determining the value of export solar energy for a successor program based on a study that will commence this year and conclude no later than 2020.