CPS Energy delays controversial SunCredit proposal
Plans to change solar roof-top meter program delayed for a year
SAN ANTONIO - CPS Energy announced Thursday the utility will delay discussion on the controversial SunCredit proposal.
CPS said it would delay making changes to its roof-top solar net metering program for one year.
During that time, CPS Energy personnel will have quarterly meetings with local solar stake holders and installers to address issues surrounding the program to make sure it fairly compensates customers.
Solar companies and consumers had objected to the changes proposed last month saying it could deter people from going to solar because they would have to wait too long to get a return on their investment.
CPS currently purchases the extra energy customers produce at 9.9 cents per kilowatt hour.
Under the SunCredit proposal, the rate would have go down to 5.6 cents per kilowatt hour after May 31.
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