California no longer seems to care about green energy

[JamieDimonsBalls]

Net Metering Changes in California: How Will They Impact You?

A new net metering structure takes effect on April 15, bringing significant changes to solar customers in California.

www.cnet.com

The state is working toward a clean energy future, but many residents say the new policy, referred to as Net Energy Metering 3.0, does not promote the state's goals, instead discouraging the adoption of solar and making it less affordable.

Solar companies are also opposed to the new ruling.

"Net metering is the foundation of saving money with solar and without it, most low-income households would never be able to afford a personal power option for their home," said Greg Butterfield, CEO of solar installer Lumio. "Owning one's own power vs. renting from the utility locks them into a fixed, lower payment than their grid bill. Once the system is paid for and the investment recouped, that household's power would be essentially free." Electricity costs typically increase year to year, and have seen particularly high jumps in the last couple of years.


I don’t get it.

 

[TomEric4756]

Net Metering Changes in California: How Will They Impact You?

A new net metering structure takes effect on April 15, bringing significant changes to solar customers in California.

www.cnet.com

The state is working toward a clean energy future, but many residents say the new policy, referred to as Net Energy Metering 3.0, does not promote the state's goals, instead discouraging the adoption of solar and making it less affordable.

Solar companies are also opposed to the new ruling.

"Net metering is the foundation of saving money with solar and without it, most low-income households would never be able to afford a personal power option for their home," said Greg Butterfield, CEO of solar installer Lumio. "Owning one's own power vs. renting from the utility locks them into a fixed, lower payment than their grid bill. Once the system is paid for and the investment recouped, that household's power would be essentially free." Electricity costs typically increase year to year, and have seen particularly high jumps in the last couple of years.


I don’t get it.

So if you don’t have the lump sum to install solar panels, required to sell the property in CA, you can essentially rent them. Looks intended to be an equity play, the poor should have solar panels too.

 

[JamieDimonsBalls]

So if you don’t have the lump sum to install solar panels, required to sell the property in CA, you can essentially rent them. Looks intended to be an equity play, the poor should have solar panels too.

Huh? You are renting electricity, not solar panels. Per the link, this decision removes lower income consumers from being able or willing to use solar.