10 Sep '13, 9pm

California bill preserves net energy metering, 'punts' to state regulators - #solar

The California Senate has approved an energy bill that had been the subject of 11th hour wrangling between solar sector advocates and the state's major utilities. At issue was an amendment that would have effectively eliminated net energy metering (NEM) as a selling point on future residential and commercial photovoltaic installations. The amended bill, which is expected to be accepted by the assembly without further ado, preserves NEM for now but essentially punts the details of its implementation to the California Public Utilities Commission (CPUC) and Gov. Jerry Brown. The utilities want the bill to become law in order to undo a freeze on lower-tiered electricity rates under California's tiered rate structure. However, the utilities also backed a late amendment that would eliminate the 5% cap each utility uses to calculate rates under the NEM program, expanding future p...

Full article: http://www.solarindustrymag.com/e107_plugins/content/cont...

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