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Austin Energy staff propose new value‑of‑solar credits after five‑year rolling average update
Summary
Staff presented a value‑of‑solar update using a five‑year rolling average that would set credits at 12.88¢/kWh for systems under 1 MW and 10.21¢/kWh for larger systems; commissioners asked about methodology, the social cost‑of‑carbon input and whether a six‑year window should be considered.
Austin Energy staff told the Electric Utility Commission on April 13 that they will update the utility’s value‑of‑solar credit using a five‑year rolling average and the utility’s avoided‑cost methodology.
Tim Harvey, director of customer renewable solutions, said the value stacks energy, transmission (4CP) savings, ancillary services and a societal benefit component derived from the federal social cost‑of‑carbon calculations and ERCOT market carbon intensity. Based on the five‑year averaging approach…
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