SolarCity and SRP settle lawsuit in response to highe rates for solar customers

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doublespaces

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In 2015 board members of SRP ( Salt River Project) an electrical utility in Arizona approved rate hikes for customers utilizing solar panels. This would add about $50 to the average solar customer's bill. Basically, SRP tried to make your life going solar harder.

Here are some of the terms approved by the SRP board to sell the suit(with prejudice):
  • SRP to purchase a 25-megawatt battery that will be installed at the Agua Fria Generating Station in Peoria. O'Connor said SRP would pay market price. A battery that size can power about 6,000 homes at once and costs about $10 million, based on public statements from Tesla on pricing of other projects.
  • SRP to launch a "limited" incentive program for residential batteries. O'Connor said incentives would be given to customers, not Tesla, but did not cite a dollar figure.
  • SRP to launch a limited program for customers to test new demand rates. The rates, which are the subject of the litigation, charge customers a fee for the peak amount of electricity they draw from the utility each month.
  • The litigation to be dismissed with prejudice.
  • Each side to pay their own legal fees.
https://www.azcentral.com/story/mon...ke-solar-batteries-more-affordable/396385002/
 
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