rburris@thestate.comDecember 11, 2014
Under the settlement, residential and commercial utility customers who install solar panels on their rooftops before 2021, when the settlement agreement expires, will receive full retail credit for any excess power that flows back onto the electric grid. They also will be eligible to remain on this rate until Dec. 31, 2025 without any solar-specific charges or fees.
The utilities are to file, within 60 days of the settlement’s approval by the Public Service Commission, additional solar programs and incentives with the PSC designed to spur investments in residential and commercial solar use.
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