California commission issues revised proposal to cut paybacks to rooftop solar customers ...Middle East

California’s future rooftop solar producers could receive less payback for the electricity they sell to the grid, if a proposed decision from the state’s utilities commission goes on to win final approval. The proposal, issued by the California Public Utilities Commission (CPUC) on Thursday, would revamp the state’s “net energy metering” (NEM) solar tariff, which has enabled households to get credit on their electricity bills at retail rates and offset monthly energy expenses. While existing solar customers would be able to maintain this arrangement for a “nine-year legacy period,” future customers would face different terms: rates that are tied to how much electricity is worth at

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Last updated : 11 Nov 2022 clock 01:32 AM

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California commission issues revised proposal to cut paybacks to rooftop solar customers ...Middle East

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