Why Time-of-Use Rates Cut Solar Savings by 30%
Time-of-use electricity rates diminish solar homeowners' savings by up to 30 percent. Midday solar production earns lower credits while evening consumption incurs higher costs, disrupting expected returns. Homeowners can counter this through energy storage, targeted usage adjustments, and vigilance on rate policies to restore value and leverage dynamic tariffs for enhanced solar benefits.
By Sheldon Stevens
4 min read