Net metering is causing big problems for electric generators because tons of houses now use 0 net electricity, but still pull from the grid at night. The state is effectively turning the grid into a free unlimited battery for everyone and they haven't figured out the economics of that.
But they did. They pay 2-3c/kW for excess electricity generated during the day. Their own generation costs are 6x that. PGE so far hasn’t been losing money on residential solar installations. And rise of EVs augurs well for their future demand. So far renewable energy generation during the day rarely touched 100% of consumption. It has to go beyond that couple of times over, before it makes a dent in PGE revenue
