Vt Digger Hardwick Electric Department Raises Net Metering Cap

Reposted from the VT Digger. By Anne Galloway. November 19, 2013. The Hardwick Electric Department board voted on Nov. 13 to accept an additional 125 kilowatts of renewable power from small scale net metering projects or 2 percent more than the previous net metering cap, according to a press release from the utility. In June, the local utility stopped allowing new customers to feed renewable power into the grid. At that point, Hardwick Electric Department had reached the 4 percent level recommended by the state. Now that cap is set at 6 percent. Net metering allows small scale renewable energy producers to feed surplus power to the grid. The energy producer "spins the meter backwards," but does not make money on the power used by utilities. Solar projects are the most common form of net metering. Read The Full Story: HERE