PUCO ruling likely to reduce credits to net metering customers

Some Ohio electric utility customers who generate power through solar panels or other renewable energy systems may soon receive less credit for doing so, The Columbus Dispatch reports. A recent Public Utilities Commission of Ohio (PUCO) ruling is likely to reduce the amount that electric utilities credit their net metering customers who send excess energy back to the grid. Under the revised regulations, credits for excess generation will be calculated based on the energy-only component of the utility’s standard service offer. That change means the credit to AEP customers, for example, could “be reduced by about 30 percent.” Trish Demeter, vice president for policy at the Ohio Environmental Council, called the ruling “a step back.” For more, read the full article.

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