Energy News

26
January

A Balanced Approach to Private Renewable Viability

Senate Bill 309 Establishes Needed Viability for Rewnewables

  Remember when you thought of solar panels as only being relevant in the west? Fast forward to today where you can drive up and down the streets in your neighborhood and you might see solar panels on your neighbor’s home.
 
  In years past, solar panels were just too expensive for many of us to afford. Government entities had to offer incentives to customers to encourage them to invest in solar and other forms of renewable energy. Today, self-generation units like solar are becoming more affordable, but aren’t fully viable yet.
 
  States all around the country are looking for ways to continue to incentivize customers to invest in renewables, but provide a balanced approach for generations to come that will look to solar panels as a way to power their lives. Indiana should do the same.

  Currently, if you have solar panels installed on your home and sell the excess energy you generate back to your energy provider over the grid, you would be reimbursed the full retail price for that energy. This practice is called net metering. Indiana offered net metering pricing to customers back when solar panels were just too expensive to put on their homes.

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19
January

We All Need the Energy Grid

 When you charge your smart phone or flip on that light switch, the grid is what gives you the energy you need. For this, the grid is the most vital piece for energy reliability for customers.  Powering our homes, schools, churches and businesses requires that we all invest in the grid. Even customers that self-generate through solar or other renewable energy sources rely on the grid when the sun isn’t shining or the wind isn’t blowing.

 Customers who self-generate aren’t paying their share of the grid because they are paid a rate for the energy they send back to their energy provider that is higher than what the energy company would pay on the open market.  This “net metering” rate means other Hoosiers subsidize those who generate their own power. 
 
 Subsidies and net metering have been important in helping to jump start alternative energy. However, as the cost of installing private solar generation units begins to drop, we won’t need these subsidies much longer.  Now is the time to plan for our energy future with new technologies.
 
 Indiana should help usher in expanded self-generation of energy by:
 

  • Continuing to provide current, favorable pricing for self-generating customers who sell their excess energy back to their energy provider for the next decade
  • Offering a sensible transition for paying market price for the energy self-generating customers send back to their energy company into the future
  • Passing Senate Bill 309, that puts these necessary changes into place
12
January

Let the Sun Shine on Renewable Energy

  Renewable sources of energy are powering parts of your day and you may not even know it. Indiana’s energy companies are investing in renewable energy generation like solar and wind. The energy these sources create help to power your home daily.
 
  Hoosiers are investing in solar power, too. Under a practice called “net metering”, they sell the excess energy they produce back to their energy company to help offset their costs for installing private solar on their rooftops.
 
  Indiana’s net metering policies are in place for a positive reason – to emphasize the importance of self-generation and stimulate the growth in small scale renewables.
 
  Currently, under net metering laws, energy companies are required to pay customers the full retail price for the energy they sell back to their energy company rather than the market price that would be commanded on the open market. This difference in payment price to solar owners was intended to incentivize customers to pay for expensive solar installation.
 
  However, times are changing. Private solar and other sources of renewable energy are becoming more affordable for customers. There is still a need for net metering, but as solar instalation becomes more affordable and more customers generate their own power, changes to laws governing self-generation of energy need to reflect the market price for energy.
 
  Indiana should help usher in expanded self-generation of energy by:

  • Continuing to provide the current, favorable pricing for private solar owners who sell their excess energy back to their energy company for the next decade
  • Offering a sensible transition for receiving market price for the energy self-generating customers sell back to their energy company into the future
  • Passing Senate Bill 309, that puts these necessary changes into place

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