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by giantg2 17 days ago
"The downside of these solar sharer plans which include ‘free’ electricity is that they generally have higher daily supply charges and higher usage charges outside the ‘free’ window to recoup the costs of the ‘free’ electricity."

Free energy is too good to be true, even if you aren't a physicist.

1 comments

I thought there was so much excess solar generation that even the utility company couldn’t store it all. There is a perverse incentive to dump the excess power to prevent the price from going negative and prop up demand for their generation services. There are lots of examples in economics where it is more cost effective to destroy a worthless product than to give it away. When the government subsidized the generation infrastructure and some of that power is generated by residential solar, it makes sense to step in force the utilities to behave in the people’s best interest.