Sacramento, California (AP) — Californians deciding to install home solar panels and storage systems will extend the time it takes to recover installation costs to 10 years, based on a proposal issued by state regulators. Under the proposal, the discount on energy charges will be reduced. ..
The proposal announced on Monday will change California’s current net energy metering program. This allows residential PV customers to sell unused energy back to the utility at retail prices. It is usually a big discount on their energy bills.
State regulators and major utilities say it means that home PV customers are not paying a fair share of the costs of operating an energy grid.
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California proposes reducing incentives for rooftop solar Source link California proposes reducing incentives for rooftop solar
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