WASHINGTON, D.C. — The Federal Energy Regulatory Commission (FERC) today unanimously dismissed a petition that, if granted, would have infringed on an area of traditional state autonomy with respect to energy regulation and threated the viability of renewable energy development in the Northeast.
By dismissing the petition, FERC respected states’ authority to establish their own net energy metering policies and preserved existing net energy metering laws across the United States, a move that allows renewable energy developers and investors to continue building out critical energy infrastructure amid the global pandemic.
In response, Sol Systems’ Senior Director for Regulatory Affairs Andrew Williams issued the following statement:
“While this may not be the last attempt to undermine state control of net energy metering, today’s unanimous decision by FERC to dismiss NERA’s attack clearly recognizes the importance of renewable energy to jump-starting the recovery of the U.S. economy. State lawmakers are best positioned to develop, manage, and enforce laws that protect residents and incentivize local business growth and job creation.”
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Sol Systems is a leading national solar energy firm with an established reputation for integrity and reliability across its development, infrastructure and environmental commodity businesses. To date, Sol has developed and/or financed over 850 MW of solar projects valued at more than $1 billion for Fortune 100 companies, municipalities, counties, utilities, universities and schools. The company also actively shapes and trades in environmental commodity and electricity markets throughout the United States. The company was founded in 2008, is based in Washington, D.C., and is led by its founder. Sol Systems works with its team, partners, and clients to create a more sustainable future we can all believe in. For more information: www.solsystems.com