19 May '12, 6pm

SB843 Lets California Utility Customers Share Solar Projects

A revolutionary renewable energy bill could become law in California as soon as this September. It will allow customers of the big three utilities in California to buy power directly from renewable energy projects developed in their neighborhoods for the first time. They would get a credit on their regular utility bill for their share of renewable energy delivered to the grid. SB843 is designed to expand solar power in the state by opening it up to those who would like to go solar but lack the roof space, the credit rating or the home ownership needed. The policy cleverly leverages the two greatest solar resources of the state: the sizable numbers of urban renters who want to go solar but cannot – and the huge cadre of extremely professional solar developers. (Plus the California sunshine.) Solar developers would build projects in an economic size range, up to 20 MW, the u...

Full article: http://cleantechnica.com/2012/05/19/sb843-lets-california...

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