by GeorgetownWatchDog
The City initiated a program in 2006 to allow residential customers with wind and solar electric generation capability to pay only for electricity used in excess of their own needs at the standard residential rate.
If the residential customers generated more electricity than they consumed, they earned credit equal to the city’s avoided fuel cost.
This is called a Net Energy Metering (NEM) program where the customer only pays for the energy used or is credited with excess energy generated.
In 2012, the program was extended to include non-residential customers.
The program was also amended to provide that customers who generated electricity in excess of their needs were credited with the excess electricity at the standard residential rate for every Kilowatt-hour put into the City’s electric distribution system.
By 2020, 334 customers had signed up for the program.
A review in 2020 by the City shows that renewable energy credits exceed avoided energy costs and results in cost shifting from NEM to Non-NEM customers. There was also no limit on the credit $.
A comparison of a typical Georgetown residential electric bill for August follows:
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