US EditionSome Idaho Power solar customers fear their investment won’t break even under rate change
- Idaho Power has proposed cutting rates for solar customers by 60%, leading to concerns about profitability for homeowners with solar installations, as stated by the utility in its request to the Idaho Public Utilities Commission .
- If the PUC approves, new rates will start on June 1, significantly impacting customers who rely on excess energy credits for their solar power, according to a proposal by Idaho Power.
- Environmental groups argue Idaho Power's data undervalues solar energy, suggesting that distributed solar is worth more than retail electricity rates.
- The proposed reductions would impact 13,700 solar customers, making it difficult for them to recover their investments, according to a solar panel owner.
11 Articles
11 Articles
Solar panel owners get honest about bill savings after homeowner questions value: 'I've saved $15,454 to date'
A homeowner considering installing some home upgrades wanted candid feedback from solar panel owners — and no one is more honest than Reddit users. The scoop The inquiry was posted in the r/Solar subreddit. The original poster wanted to know how much other people paid for the equipment and installation relative to the size of their homes. "Thinking of getting solar panels soon and wanted to know how much it 'should' cost me," the OP said. Doz…
East Idaho News
Some Idaho Power solar customers fear their investment won’t break even under rate change
BOISE (Idaho Capital Sun) – Hawk Sahlein installed 12 solar panels onto his Boise home in December 2023 with the hopes that it would build equity onto his home and promote clean energy. The 36-year-old spent $18,000 on panels, even taking out a loan from a credit union to finance the investment. The decision came […]
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