Solar homeowners just got screwed…

Solar homeowners just got screwed…

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Save A Lot Solar contractors install LG Electronics solar panels on a home in Hayward, California, U.S., on Tuesday, Feb. 8, 2022. David Paul Morris Bloomberg Getty Images The California Public Utilities Commission on Thursday passed a proposal that will reduce compensation provided to households for the surplus electricity their rooftop solar panels contribute to the electric grid. Utilities and consumer groups have argued the incentive payments have unfairly favored wealthier consumers and harmed poor and low-income households. But solar companies and renewable advocates have said that lowering the compensation would slow solar installations and hinder the state's goals to...
Source: https://www.cnbc.com/2022/12/15/california-lowers-solar-energy-incentives-for-homeowners.html