12-21-2009, 11:23 AM
It is called net metering. There are a handful of states of states that have it. Some allow you to reduce the bill to zero, some to the minimum charge and a few even let you run the meter backwards and get a check back from the electric company. The problem is that when you use the electricity from the grid, you pay retail price and only get wholesale price back when you make excess amounts.
What Enron was supposed to do wasn't criminal. It was their accounting of off-the-books loans and debts that was. The trading of energy and the ability to buy from various providers is allowed in many states already. In most cases, it makes sense for large corporate users to buy bulk electricity and gas from 3rd party providers.
What Enron was supposed to do wasn't criminal. It was their accounting of off-the-books loans and debts that was. The trading of energy and the ability to buy from various providers is allowed in many states already. In most cases, it makes sense for large corporate users to buy bulk electricity and gas from 3rd party providers.