Tuesday, January 4, 2022

Our Powerwall is going to cost an additional $16,400?!????

In 2019, we installed solar panels, which locked us into a particular utility rate (Net Metering 2.0) for 20 years. Great! 

In 2021, we ordered battery storage to add to our system. The Powerwall backorder is quite long, so we don't expect installation to complete until late 2022. Annoying, but I get it... supply chain, etc etc.

Last month, the California Public Utilities Commission (CPUC) made a ruling that would, among other things, decrease the locked-in rates from 20 years to 15, and require that any new rooftop solar pay an additional $8 per KW per month.

To add insult to injury, adding a storage battery to an existing system is considered a "substantial update", which will trigger the new rates! 

So a battery we ordered last year and don't even have yet will cost us an additional and unexpected $8 * 9KW = $72 / month in perpetuity?!!

In other words, over the next 20 years, this battery is going to cost $16,400(!) more than we expected when we signed the contract.

If you're reading this, please call Gov Newsom and tell him that this is not OK, and that he needs to intervene to save rooftop solar.

No comments:

Post a Comment

Supply Chain Blah Blah Blah Blah

 We have now ordered and are awaiting: 200A Service Upgrade Home Battery Backup Span Smart Panel Electric Vehicle I've spend tens of tho...