Wednesday, January 20, 2010

Residential Renewable Energy Net Metering Customers Double in the Past Year

Keep in mind these figures are taken from the height of the Great Recession. Imagine what happens when recovery really takes hold. The price on these systems will start to come down as the technology continues to improve in both ease of installation and increased energy efficiency. Some day, you will be your own power plant.

A new report from the Michigan Public Service Commission shows that the number of net metering customers in the state more than doubled in the fiscal year running from July 1, 2008, through June 30, 2009. Those customers have small wind- or solar-powered generators connected to the electrical grid, and they receive credit for the energy their systems generate but isn't used.

The PSC says the number of net metering customers statewide increased from 53 in the 2007-2008 fiscal year to 137 in 2008-2009. Wind installations increased from 29 to 96 and solar installations increased from 23 to 39.

Are these huge numbers? No. But it shows the trend of the future. Existing construction will retrofit, and new construction will include these systems from the start. "Green" is here to stay - and it's very exciting to witness the start of the energy revolution.

Maybe we can save this planet yet.