A controversial new economic study predicts that most utility companies in the state will soon be able to deny new solar power customers the ability to participate in net-metering — a key program that allows homeowners with rooftop solar panels to produce electricity during the day, put it on the grid and then use it later at no charge.
The news comes just as the state’s solar industry faces another devastating blow: the likely early end of the state’s solar tax credits.
A draft of the study by David Dismukes, of Acadian Consulting, finds that the state’s generous 50 percent tax credit for installing new solar panels has cost the state at least $89 million more than the benefits created by a nascent solar panel industry that employs 1,200 Louisiana residents.
The solar industry complains that Dismukes’ study misses the mark of what it was supposed to evaluate.
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