Thursday, December 28, 2006

PG&E Applauds REC Decision.

In comments filed with the PUC yesterday, PG&E came out in support of the commission's pending decision to award ownership of renewable energy credits to consumers, not utilities.

In "carefully" worded comments, the company's Director of Policy Coordination, Bruce Bowen, said:

"There is much in the decision that we can support because we have the same goals of the Commission. Those goals are to ensure the success of the California Solar Initiative and also to ensure that our customers are paying a reasonable amount when investing in solar. We think the Commission struck the right balance."

The decision becomes final in January.

PG&E Supports Customer Ownership of RECs in California [Renewable Energy Access]