California reduces payments for rooftop solar power — for second time in a year

After months of debate and two postponed votes, California’s utility regulator unanimously voted today to overhaul incentives for owners of apartment buildings, schools and businesses that install solar panels.

The new regulations are the second major step that the California Public Utilities Commission has taken in the past year to reduce power companies’ financial support for rooftop solar. In December, the commission reduced payments to homeowners who sell excess power from newly installed solar panels on single-family homes.

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Source: CAL MATTERS

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