A year and two months after the Hawai`i Public Utilities Commission opened a docket to determine the future of net energy metering, or NEM, it has concluded the first phase in a two-step process. On its face, the result would seem to be a blow for the companies that install rooftop photovoltaic systems and the customers who were hoping to take advantage of the program.
Under NEM, customers receive a credit for each kilowatt-hour supplied to the grid that . . .
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