An Act Relative to Net Metering (S2019 and H3901) modifies the current statute on net metering and establishes a commission to research and review the viability of net metering and alternative strategies to facilitate DG and meet energy goals.
“SEIA fully supports the legislation proposed by Sen. Anthony Petruccelli and Rep. Frank Smizik, and we believe it will provide a quick resolution to the logjam of solar projects currently being held up across Massachusetts,” said Carrie Cullen Hitt, SEIA’s Senior Vice President of State Affairs.
Extending the net metering cap will enable municipalities and other customers to pursue the benefits of solar power, and it will help to achieve the Governor’s goal of 1,600 megawatts (MW) of solar energy by 2020. In addition, SEIA supports the bill’s provision for a commission to look at net metering.
Solar development has seen tremendous growth in Massachusetts in recent years due in large part to favorable state policies such as net metering and solar renewable energy credits (SRECs), which have been instrumental in attracting new developers and investors that have brought projects, jobs and customer savings to the state.
According to a new report released last week, Massachusetts has more than 464 MW of solar installed, enough to power more than 70,650 homes and placing the state 5th in the country when it comes to solar capacity.
The current net metering cap limits development and impedes the state’s ability to meet its goals. The cap consists of two components, one for public projects and one for private projects in each utility service territory. The public cap for most of the Commonwealth has already been reached, preventing many cities and towns from participating in the program.
The Commonwealth currently has more than 286 solar companies at work throughout the value chain, employing 8,400 people across the state. In 2013, $476 million was invested in Massachusetts to install solar on homes and businesses, a 52 percent increase over the previous year. A statewide poll conducted by Princeton Research Associates in December 2013 showed that nearly 70 percent of Massachusetts voters believe the solar power industry is important to the Massachusetts economy and nearly 60 percent of voters see direct benefits from solar power in their cities and towns.
Celebrating its 40th anniversary in 2014, the Solar Energy Industries Association® is the national trade association of the U.S. solar energy industry. Through advocacy and education, SEIA® is building a strong solar industry to power America. As the voice of the industry, SEIA works with its 1,000 member companies to champion the use of clean, affordable solar in America by expanding markets, removing market barriers, strengthening the industry and educating the public on the benefits of solar energy. Visit SEIA online at www.seia.org.