California regulators approve changes to rooftop solar policy

FILE PHOTO: A solar installer carries a solar panel during an installation at a residential home in Scripps Ranch, San Diego

(Reuters) – California utility regulators on Thursday approved a proposal to reduce the rate at which households with rooftop solar panels are credited for exporting surplus power to the grid, a step solar companies warn could slow installations but utilities argue will be fairer for low-income ratepayers.

(Reporting by Nichola Groom; Editing by Chris Reese)

Reuters

Related posts

Pumpkin spice season arrives early at Krispy Kreme in Brick Township

Once popular New Jersey breakfast brand Denny’s selling off restaurants after bankruptcy

Lockheed Martin investors urged to step forward in securities fraud case