AUSTIN, Texas, Oct. 25, 2012 /PRNewswire-iReach/ -- With the price of solar down 80% and new data proving that solar can be a reliable and substantial source of power generation across the grid, Austin Energy's new "Value of Solar Tariff" has solved a crucial policy and incentive conundrum and set the stage for explosive growth in distributed solar. Meet the man behind the miracle.
On November 1, 2012 at 6:00 p.m. CDT SolPowerPeople, Inc. welcomes Guest Lecturer:
Karl Rabago, Principal, Rabago Energy LLC
"Net Metering 2.0, the Value of Solar Tariff"
This #SolarMOOC lecture is free and open to all as part of the world's first solar "Massive Open Online Course" (currently providing free ongoing advanced solar training to more than 1,500 participants from over 75 countries). To attend this much anticipated webinar for free, enroll in #SolarMOOC Academy and receive an invitation to this WebEx session via email.
Karl Rabago, heralded as one of the U.S. energy industry's most brilliant, dynamic personalities, established Rabago Energy LLC in June 2012 when he left his position as Vice President of Distributed Energy Services with Austin Energy. His more than 20 years in the clean energy and electric utility fields include service as Public Utility Commissioner and Deputy Assistant Secretary at the US Department of Energy.
Austin has a maturing solar market that supports over 76 companies and as many as 2,109 direct and indirect jobs, and has been declared by Mayor Lee Leffingwell as the "Clean Energy Capital of the World".
To sustain this reputation as a shining star, Austin Energy needed a simple, manageable program, de-coupled from other market incentives, that was fair overall to the utility while reimbursing customers for their clean power production at a rate fair to it's value. At the same time, this program needed to exist without burdening non-solar customers with bearing the brunt of the cost of maintaining the utility structure on their own. And, most importantly, it would need to reward conservation and efficiency, rather than encouraging higher consumption at peak times when the utility needs the excess power the most.
Working with utility and government stakeholders, third party researchers, and members of the burgeoning Austin solar community, Karl Rabago and his staff devised and implemented the "Value of Solar" rate, coupled with a tiered electricity rate structure. This program dubbed "Net Metering 2.0" has captured the attention of solar policymakers all over the world, earning Austin Energy SEPA's "Public Power Utility of the Year" in June 2012, and an Innovation Award from the Interstate Renewable Energy Council in September 2012.
This one-hour lecture will review the history and challenges of traditional net metering, whereby utility customers "net" their production of solar energy against their energy consumption (often describes as "spinning the meter backwards"), and describe the premise and mechanics of the Austin Energy's innovative new program.
Since March 2012, SolPowerPeople's #SolarMOOC has provided ongoing weekly webinars, social media forums, and advanced solar training including reading assignments, practice problems, and interactive study sessions for participants preparing for internationally-recognized credentialing tests, such as the NABCEP PV Installer™ and PV Technical Sales™ Certification Exams. The #SolarMOOC Guest Lecturer Directory is a virtual "Who's Who" among solar training and technical experts. The #SolarMOOC Newsletter Archive links to published newsletters that include a treasure trove of information, links to recorded lectures, and press releases.
The #SolarMOOC is one of a broad spectrum of solar training and marketing services from SolPowerPeople, Inc., an Austin, TX-based company that burst into the solar industry in 2011, led by Cathy Redson, Richard Stovall, Ryan Doty, and Sarah Raymer. With combined experience of over 50 years in solar, education, and business development, SolPowerPeople's mission is to lead the renewable energy revolution, fueling widespread global adoption of solar energy technology through industry creative collaboration, "in-market" & online market development services, and comprehensive education offerings.
Media Contact: Sarah Raymer SolPowerPeople, Inc., 512-299-1299, firstname.lastname@example.org
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SOURCE SolPowerPeople, Inc.