Saturday, April 13, 2024

As Predicted, California Has Killed the Rooftop Solar Market, Now the State Supreme Court May Step In

 About 2 1/2 years ago I wrote a post titled "California plans to kill the residential solar industry." At the time, I had just had solar panels installed on my roof to save money and within months California announced a new plan that would have taxed me and anyone else who owned a rooftop solar system for owning the panels.

The result of Net Metering 3.0 is likely going to be the end of the residential solar industry in California.

Rooftop solar installations in California have indeed fallen off a cliff.

California has long championed renewable energy, but a change in the state's policies last year has led to a sharp decline in the installation of residential rooftop solar in the state.

Since the change, sales of rooftop solar installations in California dropped as much as 85 percent in some months of 2023 from a year earlier, according to a report by Ohm Analytics, a research firm that tracks the solar marketplace.

Industry groups project that installations in the state will drop more than 40 percent this year and continue to decline through 2028... Construct Sun, a solar installation company that is based in Reno, Nev., stopped doing business in California after its sales dried up four months after the policy began; executives said the company was now focusing its efforts on Florida, North Carolina and Ohio... The nation's largest residential solar company, Sunrun, which is based in San Francisco, cut about 2,000 jobs after California regulators reduced the rooftop incentives.

The court agreed on Wednesday to hear a challenge to a disastrous decision by the California public utilities commission, or CPUC, to decimate the state's once-thriving rooftop solar program. 

https://hotair.com/john-s-2/2024/04/12/as-predicted-california-has-killed-the-rooftop-solar-market-now-the-state-supreme-court-may-step-in-n3786437

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