One of the factors that makes a state a popular candidate for solar is net metering policy. Having a good net metering agreement makes the ROI of solar even stronger for homeowners and businesses.
Until total home battery backup becomes an affordable option, solar will stay grid-tied. That is why we have taken a deeper look at what net metering policies are in place for solar’s 10 most popular states.
This list is from SEIA’s 2017 top solar states. These rankings come from each state’s number of solar installations in 2017.
The main power company in Florida is FPL. Systems aren’t allowed to be over 115% of the customer’s annual consumption.
There are guidelines for systems that fall into three different tiers or system sizes. These divisions include: tier 1 ( Up to 10kW), tier 2 (Between 10kW and 100kW) and tier 3 (between 100kW and 2,000 kW). This is similar to Utah’s net metering policy.
Customers get excess generation through kilowatt-hour credits. At the end of the year, the utility pays the customer for their remaining credits.
These credits are at the utility’s avoided-cost rate. Renewable energy credits can be sold back to the utility if the customer wants.
Georgia has a regulatory policy for net metering. There is a cap of 10 kW for residential installations and 125% of the demand for commercial.
Not all of Georgia’s power companies offer net metering. You will have to make sure your power company has a net metering program before installing.
8. Salt Lake City, Utah
For those getting solar in Salt Lake City, they use Rocky Mountain Power. Rocky Mountain Power recently changed their net metering program.
Those that get solar are now apart of Rocky Mountain Power’s transition program. Rocky Mountain power will now be crediting customers 90% of the retail rate. Exported energy is now measured in 15-minute increments.