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Title: Dataset For: A Guide to Residential Energy Storage and Rooftop Solar: State Net Metering Policies and Utility Rate Tariff Structures

Abstract

Federal and state decarbonization goals have led to numerous financial incentives and policies designed to increase access and adoption of renewable energy systems. In combination with the declining cost of both solar photovoltaic and battery energy storage systems and rising electric utility rates, residential renewable adoption has become more favorable than ever. However, not all states provide the same opportunity for cost recovery, and the complicated and changing policy and utility landscape can make it difficult for households to make an informed decision on whether to install a renewable system. This paper is intended to provide a guide to households considering renewable adoption by introducing relevant factors that influence renewable system performance and payback, summarized in a state lookup table for quick reference. Five states are chosen as case studies to perform economic optimizations based on net metering policy, utility rate structure, and average electric utility price; these states are selected to be representative of the possible combinations of factors to aid in the decision-making process for customers in all states. The results of this analysis highlight the dual importance of both state support for renewables and price signals, as the benefits of residential renewable systems are best realized inmore » states with net metering policies facing the challenge of above-average electric utility rates. This dataset is intended to allow readers to reproduce and customize the analysis performed in this work to their benefit. Suggested modifications include: location, household load profile, rate tariff structure, and renewable energy system design.« less

Authors:
;
  1. Pacific Northwest National Laboratory (PNNL), Richland, WA (United States)
Publication Date:
DOE Contract Number:  
AC05-76RL01830
Research Org.:
Pacific Northwest National Laboratory (PNNL), Richland, WA (United States)
Sponsoring Org.:
USDOE Office of Science (SC)
Subject:
14 SOLAR ENERGY
OSTI Identifier:
2305541
DOI:
https://doi.org/10.25584/2305541

Citation Formats

Kerby, Jessica R, and Tarekegne, Bethel W. Dataset For: A Guide to Residential Energy Storage and Rooftop Solar: State Net Metering Policies and Utility Rate Tariff Structures. United States: N. p., 2024. Web. doi:10.25584/2305541.
Kerby, Jessica R, & Tarekegne, Bethel W. Dataset For: A Guide to Residential Energy Storage and Rooftop Solar: State Net Metering Policies and Utility Rate Tariff Structures. United States. doi:https://doi.org/10.25584/2305541
Kerby, Jessica R, and Tarekegne, Bethel W. 2024. "Dataset For: A Guide to Residential Energy Storage and Rooftop Solar: State Net Metering Policies and Utility Rate Tariff Structures". United States. doi:https://doi.org/10.25584/2305541. https://www.osti.gov/servlets/purl/2305541. Pub date:Thu Feb 15 00:00:00 EST 2024
@article{osti_2305541,
title = {Dataset For: A Guide to Residential Energy Storage and Rooftop Solar: State Net Metering Policies and Utility Rate Tariff Structures},
author = {Kerby, Jessica R and Tarekegne, Bethel W},
abstractNote = {Federal and state decarbonization goals have led to numerous financial incentives and policies designed to increase access and adoption of renewable energy systems. In combination with the declining cost of both solar photovoltaic and battery energy storage systems and rising electric utility rates, residential renewable adoption has become more favorable than ever. However, not all states provide the same opportunity for cost recovery, and the complicated and changing policy and utility landscape can make it difficult for households to make an informed decision on whether to install a renewable system. This paper is intended to provide a guide to households considering renewable adoption by introducing relevant factors that influence renewable system performance and payback, summarized in a state lookup table for quick reference. Five states are chosen as case studies to perform economic optimizations based on net metering policy, utility rate structure, and average electric utility price; these states are selected to be representative of the possible combinations of factors to aid in the decision-making process for customers in all states. The results of this analysis highlight the dual importance of both state support for renewables and price signals, as the benefits of residential renewable systems are best realized in states with net metering policies facing the challenge of above-average electric utility rates. This dataset is intended to allow readers to reproduce and customize the analysis performed in this work to their benefit. Suggested modifications include: location, household load profile, rate tariff structure, and renewable energy system design.},
doi = {10.25584/2305541},
journal = {},
number = ,
volume = ,
place = {United States},
year = {Thu Feb 15 00:00:00 EST 2024},
month = {Thu Feb 15 00:00:00 EST 2024}
}