California Doubles Cap on Solar Power Net-Metering Credits

Posted by Daniel Kulpinski

Mar 22, 2010 2:59:00 AM

The outlook for solar power in California just got sunnier. Gov. Arnold Schwarzenegger signed legislation February 26 that raises the cap on the amount of customer-generated solar power utilities must reimburse through net-metering credits. Net-metering allows homes and businesses to receive credits if they generate more solar power than they can use. In effect, the customer sells the excess power to the electric grid and gets credit for it.

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