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I wonder how else that reads?The Nevada assembly has change the solar rules again.
It might be entertaining to see how the rules compare to other retail scenarios.
Nevada Assembly passes solar-energy consumer rights, fees | Miami Herald
So the Utility must reimburse homeowners for surplus power at 95% of the retail rate,
for up to 6% of the users.
For the sake of discussion, lets say the Utility buys or produces electricity at the US wholesale rate
of about $.026 per Kwh, and sell it for the US average rate of $.12 per Kwh.
The $.094 per Kwh delta, includes their profit, labor cost, taxes, grid maintenance, ect.
Now the state is mandating that the utility buy up to 6% of their electricity for $.114 per Kwh,
leaving a delta of only $.006 per Kwh.
If all things are to stay the same, the non solar users must now absorb the $.088 per Kwh difference
lost to the legislation.
But here is the catch, if they raise the retail rate, the amount the solar users get back increases as well.
Does the retail rate mean just the power itself, or all taxes and fees? My power for example costs me last month $0.1215/kWh plus my $10.50 service connect and some taxes and fees. However, the first 1,000 kWh was billed at $0.0685/kWh and the next 55 kWh was billed at $0.07572/kWh. The rest of the money adding up to the over 12 cents/kWh were transmission charges, distribution charges, and adjustments.
I will assume that it would be 95% of my 6.85 cents per kWh. Not the over 12 cents.
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