Come November 15th, the amount you receive back from your power provider for your solar energy will be reduced and will continue to reduce every year after.
Rocky Mountain Power and the solar energy industry has agreed to a new Net Metering rate, meaning the credit amount that customers receive after they sell back their unused power to the power provider is changing. Over the course of 18 years the rate structure will decrease but still allow those using solar power to receive some credit for the unused power they sell back to Rocky Mountain Power.
Kelly Curtis from Solaroo Energy, a solar energy installer, is letting people know what’s important for customers to know is that if you sign up with a solar energy provider before November 15 you lock in the current Net Metering rate and that rate is grandfathered into the structure for 18 years. This allows solar users to keep the current meter reading rate.
The settlement between the power providing industries was to ensure Utah is still able to use solar energy. Our state still benefits greatly from the clean energy source with cost savings, energy independence, and an environmental-friendly option.
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