I’ve watched this for years. Power companies don’t want the surplus fed into the the system because they have to pay YOU. POWER COMPANIES LIKE THE MONOPOLY THEY HAVE.
Ummm, yes and no, I suppose. The problem is power companies need to pay SOMEONE for the energy they transmit. This could be the coal or gas companies. This could be the debt they incurred for building the hydroelectric or nuclear power plants. Bottom line, someone is getting paid for the power transmitted.
As long as the power producer maximizes his profit, any additional source of power from clients that are fed back into the grid, would be welcomed since they pay a purchase price that is much lower than their selling price.
Here’s an example. Let’s say people pay 6 cents/kWh in a particular region where the power producer pays 2 cents/kWh to produce and transmit the power. The power provider still makes 4 cents/kWh off the electricity fed back into the grid since someone will inevitably pay for it.