The Arkansas Public Service Commission is expected to close a docket soon that could substantially lower a cash incentive for Arkansans (and Arkansas companies) who invest in solar and wind energy production.
The commission is the representative authority over investor-owned utilities, sanctioned monopolies. The commission can affect utility rates — that is, bills. The docket’s been open for three years.
At issue is something called “net metering,” the act of sending electricity (generated by solar power system or windmill) out onto the grid from home or business and getting bill credits from the electrical utility. Created by Act 1781 of 2001, Arkansas’s net metering rate structure currently is 1-to-1.