18 Dec '12, 9pm

Solar power adds to nonusers' costs | Peak Oil News and Message ...: Booming rooftop solar installations in Cali...

Solar power adds to nonusers' costs | Peak Oil News and Message ...: Booming rooftop solar installations in Cali...

Booming rooftop solar installations in California are bringing an unwelcome surprise to the homes and businesses that don’t have the devices: an extra $1.3 billion added to their annual bills, more than half of that for Pacific Gas & Electric customers. Power companies in the state, the nation’s biggest for solar power, are required to buy electricity from home solar generators at the same price they resell it to other customers, meaning utilities earn nothing to cover their fixed costs. The rules are shortsighted because eventually rates must be raised to make up the difference, according to Southern California Edison, which has joined with competitors to estimate potential losses. As more homes and warehouses get covered in solar panels, higher rates imposed on traditional consumers risk a growing conflict between renewable-energy advocates and power companies that fores...

Full article: http://peakoil.com/alternative-energy/solar-power-adds-to...

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