California regulators are eyeing sharp reductions in subsidies for residential solar systems in what would be the first major reform to a program that helped jump-start the rooftop solar industry, according to Bloomberg . As part of a proposed series of changes issued on Monday by a judge at the California Public Utilities Commission, residential solar customers would receive a much lower credit for excess energy sent to the grid – with credits ranging from around 30 cents per killowatt-hour, to less than 10 cents depending on time of day.
The proposal would also stick solar owners with nearly […]
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