The majority of that has gone to wealthy energy developers and poor people, middle class people, working class people, businesses. They are all paying that cost and through their electricity, through their electricity bill. Because Net metering when it was first implemented was at 21 cents a kilowatt hour. When we could buy Hydro Quebec power for six cents, it was almost four. Times to mention Vermont Yankee for about. Yes, different. And so the cost of net metered power is just too high. (47:15–47:21)
CLAIM
Asserts that the initial rate for net metering was 21 cents per kilowatt hour.
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