[deckar01]

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.