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Minnesota generates a value-of-solar formula for customers

Posted by Industry News on Mar 18, 2014

The Minnesota Public Utilities Commission voted 3-2 to use a value-of-solar formula when charging customers with distributed generation. This makes Minnesota the first state to develop a formula for calculating the value of customer-generated solar power. It also gives investor-owned utilities the option of using the tariff instead of the retail electricity rate when crediting customers for excess electricity generated from solar panels. Read more here.