1. California's Community Solar Rules Deal New Blow to Industry.
- Author
-
Ma, Michelle
- Subjects
POWER purchase agreements ,PUBLIC service commissions ,VACANT lands ,SOLAR energy industries - Abstract
California regulators have implemented new rules that are expected to discourage smaller solar projects, dealing a blow to the struggling solar industry. The rules specifically impact "community solar" programs, which allow renters and low-income households to participate in small-scale solar projects. The California Public Utilities Commission rejected a proposal aimed at making these projects more affordable and attractive to developers, instead opting for a plan backed by electric utilities. Solar advocates argue that the compensation for developers under the new rules will be too low to incentivize investment in these projects. [Extracted from the article]
- Published
- 2024