Time to Break Free of Net-Metering; We Need a ‘FIT’ Policy for Renewable Energy to Soar
Maybe the electric utilities are right, for a change. Maybe net-metering—the ability to run your kilowatt-hour meter backwards, with solar panels on your roof or a windmill in your backyard–is not the best policy for America, or for Americans. (See related, “As Solar Power Grows, Dispute Flares Over U.S. Utility Bills.”)
But the utilities’ populist appeal to fairness and equality is disingenuous. When did electric utilities ever care about justice–or the poor?
If they are right about net-metering, it’s for all the wrong reasons.
They want to stop solar photovoltaics (solar PV) now. They want to put it in the grave before it takes even more market share from their comfy business. Climate change and future generations be damned.
The utilities are under