Sir, how dare you.

What the actual fuck.

I’m not sure how you are getting 2.5 cent wholesale costs for residential? It is certainly much higher than that, and generation costs (wholesale market costs or generation for vertically integrated utilities) ranges from about 40-60% of resi rates depending on the region).

My family were some of those pioneers that trekked west, and many were immigrants!

Look at the last part of the ITC section. The new PIS by end of 2027 requirement appears to only take effect for projects that haven’t commenced construction before the date of enactment.

Which section is this? And this is not the excise tax linked to FEOC recapture?

Curious on why TOU is shown as more risky for customers than a three part rate design? Is it just assuming the demand charge component is small enough to not drive a lot of variability in their month to month bill? Or assuming really high TOU differentials?

It’s structured as “No credit shall be allowed” if either of those are not met, meaning both need to be true in order to claim the credit.

I haven’t found the exact hour, but I assume it is in the morning because the solar contribution is still small. Just apparently after sunrise though.

Also the first time that ISO-NE expects the winter peak to shift to a day-time hour and that solar will help reduce it. The impact is small at first but each year into the 10-year forecast the % of nameplate capacity that is expected to reduce peak demand increases.

Very interesting times ahead

They apply a “policy-based” discount factor that increases up to 15% for 2030 and beyond. So their forecast before that discount is applied shows more steady deployment. Also tied to ITC post 2032 I would assume.

🔌💡