On the next Probably True Solar Stories, a psychic predicts a sunny future for a struggling solar installer and the entire California solar industry. But when the installer doesn’t believe her, the psychic makes a bet that could cost him a free solar installation. Can the psychic really change the installer's future or the CPUC?
True Solar Takeaways
- Recent decisions by the California Public Utilities Commission have resulted in 17,000 solar job losses in California, and there could be more.
- https://www.renewableenergyworld.com/solar/rooftop/california-nem-3-0-layoffs-and-closures-set-in-six-months-after-controversial-ruling/
- Studies show that rooftop solar is a net cost benefit to all ratepayers.
- https://vibrantcleanenergy.com/wp-content/uploads/2021/07/VCE-CCSA_CA_Report.pdf
- https://www.bu.edu/articles/2016/solar-energy-advantages/
- Under Net Energy Metering 3.0 (NEM 3.0), solar consumers receive a bill credit at the "avoided cost" or wholesale rate. To improve solar's ROI and payback, homeowners essentially have to buy a battery, increasing the upfront cost of solar and making solar less desirable in California.
- Retail electricity bills from California's three major utilities increased by at least 47%, with San Diego Gas & Electric experiencing a spike of 104%.
- https://pv-magazine-usa.com/2023/08/30/california-electricity-pricing-exploded-in-the-last-three-years-far-outpacing-inflation/
- California's Governor appointed the current CPUC commissioners and can influence them to review their recent misguided and devastating decisions for the rooftop and community solar industries.
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