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Last week I wrote about the time-of-use pricing scheme that PG&E offers in San Francisco, and how solar power is worth 14% more compared to a standard flat-rate electricity plan. In reality, it's 36% or more.
John Farrell
Electricity Priced by the Hour Boosts Distributed Solar Value by a Third or More
Seeded on Fri Jan 27, 2012 12:58 PM EST
Article Source: energyselfreliantstates.org- Enjoy this article? Help vote it up the 'Vine.
- Public Discussion (1)
That seems correct. Solar is generated during peak demand time for the utility and off peak for the home owner. So The electricity that is produced should be purchased by the utility at peak rates. Then at night during off peak times, the home owner bus back electricity at a lower off peak rate. Utilities then don't have to plan construction of plants to meet peak demand, but to meet off peak demand.
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