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Re:States, including CA and NY, sign heat pump memorandum to... by s1artibartfast on Wednesday February 07, 2024 @12:24PM (#39291301)
Net metering actually increases both costs and profits.

Power companies have a fixed margin of 10% and a captive market.

If power costs them $1, they make $0.1. If power costs them $5, they make $0.50.

Rooftop solar costs 10X what commercial solar does. Every kw of rooftop power they buy means 10kw of commercial solar isnt built.

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