California regulators expected to release amended “Virtual Net Metering” proposal next week
The California Public Utilities Commission (CPUC) is expected to release an amended proposed decision regulating how solar is used and credited on multimeter properties. The CPUC’s previous proposal would have made solar unaffordable for California schools, farms, apartment renters and small businesses.
The amended proposal is anticipated on Monday or Tuesday of next week. A vote by the CPUC on the proposal, originally slated for late September, is currently scheduled for Thursday, October 12.
At issue are proposed changes to the Virtual Net Energy Metering (VNEM) and Net Energy Metering Aggregation (NEMA) programs. The programs let properties with multiple electric meters install a single solar system for the entire property, sharing one solar system’s electricity and net-metering credits with all customers and meters on that property. This brings the benefits of going solar to many types of consumers who otherwise would not benefit from Net Energy Metering (NEM), the program that makes solar more affordable by crediting consumers with solar systems for the excess energy they produce and share back with the energy grid.
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Source: Solar Power World
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