Dec 12, 2013 10:05 AM by Bethany Rhodes
DENVER (AP) - Supporters of rooftop-generated solar energy say an Xcel Energy proposal would devalue the amount of credit the company awards users for putting power on the grid.
Xcel has asked the Public Utilities Commission for permission to redefine the so-called net-metering credit, which is the price homeowners who have rooftop solar systems receive for sending kilowatt-hours onto the distribution system. The supporters demonstrated Tuesday outside the company's headquarters.
The PUC on Tuesday approved Xcel's plan to triple its large-scale solar-energy resources in the state.
According to the Denver Post, Xcel gives homeowner a credit of 10 cents a kilowatt-hour, while an Xcel study found that rooftop solar's benefit to the overall system is worth only about 4 cents a kilowatt-hour.