I'm curious how many are aware of a proposal for a new rate design, with SRP?
If you have solar, and get net metered out at their retail $.11 cent rate, brace yourself:
For an 8kw system, on a home with >200 amp service, they want to:
The peak 1PM-8PM period is more of a super peak, relative to others on TOU plans whose peaks can be 9-14 hours long. SRP customers, however, pay above $.20/kwh on peak. The utility just bought comercial solar power, for 5.3 cents/kwh from Sandstone Solar (21yrs). That price is being used to justify the roll-back on new customers. Add it all up, and the cash flows are much uglier, if by a February 26 end time, the utility board isn't guided in a different direction.
The plan's mandated solar is under E-27
http://www.srpnet.com/prices/priceprocess/pdfx/BlueBook.pdf
This was the first time I've seen a commercial price shared with the public, for the sake of heavily watering down a net metering program. "We pay them this $$, why should we pay you more". Ouch. On a hypothetical 8kw system, generating about 1,200 monthly kwh, on a home that consumes the same amount, I get down to a bill for $110. The same amount of consumption, with no power sent back would yield a bill of about $160. The rate design doesn't do anything to recognize the base rate payer's impact on SRP's peak load (which is what raises costs the most).
Demand charges are being tried in many, many places. You could plug in your Tesla, for 15 minutes during the month, remember that it was only 7:30PM, and then be slapped with a $127.30 demand charge, if your home's total load exceeded an average of 11kw for those 15 minutes.
If base rates weren't about $.12/kwh, this plan would be more of an open invitation to battery storage.
If you have solar, and get net metered out at their retail $.11 cent rate, brace yourself:
For an 8kw system, on a home with >200 amp service, they want to:
- Jump your $17/mnth fee, to $45.44 per month
- Add a Demand Charge, per KW of your system. If ~30 panels peak just over 8kw, for 15 minutes, at any time during the month, you're looking at an $80.18 flat fee
- Put you in a mandatory Peak/Off-peak plan, that pays $.063/kwh summer days, costs .0423 nights
The peak 1PM-8PM period is more of a super peak, relative to others on TOU plans whose peaks can be 9-14 hours long. SRP customers, however, pay above $.20/kwh on peak. The utility just bought comercial solar power, for 5.3 cents/kwh from Sandstone Solar (21yrs). That price is being used to justify the roll-back on new customers. Add it all up, and the cash flows are much uglier, if by a February 26 end time, the utility board isn't guided in a different direction.
The plan's mandated solar is under E-27
http://www.srpnet.com/prices/priceprocess/pdfx/BlueBook.pdf
This was the first time I've seen a commercial price shared with the public, for the sake of heavily watering down a net metering program. "We pay them this $$, why should we pay you more". Ouch. On a hypothetical 8kw system, generating about 1,200 monthly kwh, on a home that consumes the same amount, I get down to a bill for $110. The same amount of consumption, with no power sent back would yield a bill of about $160. The rate design doesn't do anything to recognize the base rate payer's impact on SRP's peak load (which is what raises costs the most).
Demand charges are being tried in many, many places. You could plug in your Tesla, for 15 minutes during the month, remember that it was only 7:30PM, and then be slapped with a $127.30 demand charge, if your home's total load exceeded an average of 11kw for those 15 minutes.
If base rates weren't about $.12/kwh, this plan would be more of an open invitation to battery storage.
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