VT Digger: Tensions rise as credits for solar cut into utility budgets; VEC is the third utility to hit 4 percent cap

Jul 11, 2013 No Comments by

Reposted from the VT Digger. By Andrew Stein. July 10, 2013.

Follow Andrew on Twitter @andrewcstein

A rift is forming between Vermont’s burgeoning solar industry and some of the state’s smaller utilities.

At issue is a law that compels utilities to credit customers for the power they produce to the point that those customers can pay nothing for the grid they use. While some small utilities want to change the funding arrangement because they say it kicks costs over to other customers, developers argue the policy places an accurate value on solar production and should remain intact to continue growing jobs and Vermont’s renewable energy portfolio.

Two weeks ago, the Vermont Electric Cooperative became the third utility in the state to hit the cap for funding its so-called net metering clients — those customers generating electricity from renewable sources at less than 500 kilowatts per hour (kWh).

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