28 Jan '14, 12pm

Green News: Major Utility Wants Lower Net-Metering Rates

Duke Energy in North Carolina wants to pay homeowners less than the retail price for the photovoltaic (PV) Generation of electricity directly from sunlight. A photovoltaic cell has no moving parts; electrons are energized by sunlight and result in current flow. power they sell to the grid. According to published reports, including an Associated Press story published by Businessweek, the utility will seek permission from state regulators to lower net-metering rates from the current 11 cents per kilowatt hour to a number that reflects the cost of generation--between 5 cents and 7 cents per kWh. The North Carolina Utilities Commission established rules about 10 years ago in which homeowners with PV Photovoltaics. Generation of electricity directly from sunlight. A photovoltaic (PV) cell has no moving parts; electrons are energized by sunlight and result in current flow. syste...

Full article: http://www.greenbuildingadvisor.com/blogs/dept/green-buil...

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