- #1,366
Arqane
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anorlunda said:Whoa, are you sure that you know what you're talking about? To buy/sell on the wholesale market, you must qualify as a market participant. That includes many stringent requirements including bonding for credit risks. In my state, it also means connecting to the grid at transmission voltages (>75kV). That bar is too high for most businesses to qualify for, not to mention individuals.
What state are you talking about? Have you actually qualified to buy or sell wholesale electricity?
I'm in Florida, and ironically, the reason solar isn't big here is precisely because you can't sell electricity, even PPAs. There are certain interconnection requirements, but it's not really about that. We do have net metering, but any additional production is either paid off at the end of a year, or when the account is closed. The payoff date is some time in February. So if I'm producing 120MWh through the year, but the tenants only use 100MWh, then they will keep rolling it over through the year until February, when they pay off the remaining credit at the COG-1 level, which is basically just the average wholesale cost for that year. That's for everything under 2MW.
Even with larger complexes of 20 buildings/200ish units, I'll still be a bit under 2 MW. Anything above does have much more strict requirements, though, that are somewhat similar to running a commercial power plant.
EDIT: Oh, and if you're talking about the 6c equivalent, that stays on site. It's just wasting energy through pumped storage. The energy would be better used by someone else, but it might end up financially better for me to do that way. I'd rather be able to set up a well-regulated mini-grid with my neighbors, which would use the electricity well, and also give them a little backup in case the grid goes out from one of the many lightning strikes we get. But that type of system won't fly in Florida, even though it's potentially more robust for the grid.