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What is Solar Power Really Worth to Maine?

News Article
Maine    Maine   
A look inside the state PUC’s value-of-solar study.

A recently released study commissioned by the Maine Public Utility Commission dropped a bombshell on the electricity world earlier this year, valuing distributed solar at $0.33 per kWh, far above the state’s prevailing price. Maine’s traditional, centrally generated grid electricity is sold to residential customers at the average retail price of $0.13 per kWh. Under retail net metering, distributed solar is compensated at that same rate. The high value the study places on distributed solar added another data point to the ongoing, vigorous debate about the answer to a fundamental question: Just what, exactly, is distributed solar power worth?