The question is, why? In a New England state that lags others on renewables, why reduce a net metering credit?
Main regulators see the credit as too generous given the costs reductions in solar, and only the wealthy are making the investment, dumping burden back on other electric rate payers. Yet they are willing to pull in the reins on an industry that grew 50% last year. Tough trade off.
We can see both sides. Generally, we believe there's enough value to generating power locally, and cleanly, to justify the credits. We believe Main is better off populated by houses running off of local solar and wind then burning through oil and gas. But, we concur all sources of energy must stand on its own. As renewables are in so many places.
Main is tough because there's not a lot of sun, snow obscures the panels and its very wooded. Perhaps solar is not the answer there?