Net Metering for Residential Solar Installation Exploding Across US

Take a look at the US Dept. of Energy’s EIA new monthly update.

Based on preliminary 2012 data, the number of residential net metering customers has grown to approximately 297,000 nationwide. Although the number of residential net metering customers is a very small percentage of total residential customers (127 million or less than 1%), the 2012 figure represents almost a 60-fold increase relative to the 5,000 or so net metered customers reported in 2003.

Here’s a graphic representation of this growth –

Wow.  I was one of the ones who began selling electricity to Mon Power through my meter in 2010.

4 thoughts on “Net Metering for Residential Solar Installation Exploding Across US

  1. Looks like Clinton’s Million Solar Roofs Initiative didn’t result in many installations. I’d love to compare this data against a timeline of state and federal milestones to see what moved the needle.

    • Whatever Clinton proposed in the 1990s couldn’t do much, because states hadn’t allowed net metering yet. In the 1990s in WV, you could have sold power back to your power company, but you would have had to install a second meter and you would have only received wholesale prices for the electricity you sold. Net metering allows you to sell power through your single meter at current retail rates that you pay to buy electricity. The EIA article I linked to is about net metering customers, not overall PV installations.

    • I just added the words “net metering” to the title of the post. I realize that I made the mistake of referring to residential PV installation instead of net metering as the subject of the EIA article.

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