A Utah bill proposes a bill that would raise the rate paid under net metering under current regulations and build consumer protection into future rates. The bill would require utilities to credit rooftop solar owners at least 84% of the cost-per-kilowatt for exporting excess electricity generation to the grid. The move comes in response to a trend of anti-rooftop solar regulatory moves by electric utilities, particularly in California. The proposed law aims to simplify the process and make it easier and financially attractive for homeowners to install rooftop solar systems. California’s Net Energy Metering (NEM) 3.0 introduced in 2003, leading to an 80% drop in rooftop solar installations post-NEM, which has since seen significant job cuts and job losses.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
