Minnesota regulators will allow Xcel Energy to modify a calculation that would have doubled the amount the utility pays to subscribers of newly approved community solar gardens.As a result of the change, community solar projects authorized in 2020 will likely receive credits nearly 4% higher than in 2019. The Public Utilities Commission recently approved the rate, along with a temporary fix to the “value of solar” calculation Xcel uses to pay subscribers...The compromise drew praise.“My impression was that it is a decent outcome for everyone,” said Isabel Ricker, senior policy associate with Fresh Energy, which publishes the Energy News Network. “The rate is going up a little bit for community solar subscribers after declining for several years, and it’s within the range of historical value of solar rates.” - Energy News Network
Saturday, November 23, 2019
Deal reached among solar players in Minnesota
Well, I suppose. Given the crap that other Big Energy interests are trying to pull, in Minnesota as elsewhere, I too should probably not be displeased. But my take is that Xcel should have been made to yield further. They can afford it.
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