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Broken record. Very few netmetering installations are oversized, so very few get end-of-the-year credits, which would be the only part of Netmetering that effects the Utility's bottom line. And you still don't seem to fully grasp the extent of solar's contribution to peak load. Also, point-of-consumption electrical generation helps the Utilities achieve even more profits.
https://www.seia.org/initiatives/net-metering
Unfortunately, some utilities perceive net metering policies as lost revenue opportunities. In fact, net metering policies create a smoother demand curve for electricity and allow utilities to better manage their peak electricity loads. By encouraging generation near the point of consumption, net metering also reduces the strain on distribution systems and prevents losses in long-distance electricity transmission and distribution.
Talk it through, to understand how most net metering works, and tell me what price the utility pays for the Kwh.
Each billing period, the solar customer generated surplus, earns credits.
https://www.mvea.coop/wp-content/uploads/20.42NetMeteringRate_0022-1.pdf
So basically at any point during the day when more power is generated than consumed, the exchange is 1:1,Energy Credit: means the measured difference between the electricity generated by the
Eligible Generating System and the electricity consumed by the Consumer
-Generator in a given billing period,when the electricity consumed is less.
what this means is that the Utility is effectively buying surplus power at their own retail rate.