Beacon Hill lawmakers should rebuff efforts to lower net metering credit rates and instead continue to provide incentives for the state’s growing solar industry.
Net metering is a mechanism that allows solar panel hosts to sell unused electric power back to the energy grid for a credit on their utility bills.
A House proposal would lower the net metering credit rate paid by power companies to solar users by up to 75 percent, from current retail prices to a wholesale rate. A Senate bill is less harsh, but could negatively impact community share and low-income solar projects.
