Consultation on net metering ending Friday
Environmental charity Greenrock has urged the public to make their voices heard on potential changes to net metering.
A public consultation period for proposed changes, which would reduce the cost of energy “sold” to Belco through solar panel installations, is scheduled to end tomorrow.
In a statement, the charity said: “We would like to encourage members of the public who may have not yet made such a submission to do so before it is too late.
“The Regulatory Authority is requesting submissions on renewable energy metering — essentially the ability for people generating their own electricity through solar panel installations to ‘sell’ their excess electricity back to the grid.
“Previously such persons were able to ‘sell’ such electricity back to Belco for the same price that Belco charged for purchase of electricity by consumers — roughly $0.35 per kilowatt hour.
“The consultation is about whether this should instead be set at almost half that value at $0.17 per kilowatt hour.”
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