Wednesday, October 28, 2009

PG&E Going Above & Beyond on Net Metering

When the bill to raise 2.5% cap on net metering stalled in the legislature, the solar industry had a problem. However, PG&E announced yesterday that it had cut a deal with the Governor to voluntrarily take up to 3.5%, a full point in excess of the legislated requirement. That gives net meterin a new lease on life, at least temporarily.

According to David Baker in the San Francisco Chronicle, PG&E had expected to hit the 2.5% threshold by 2011.

Read the whole story in the Chronicle:

PG&E to accept more solar power from homes [San Francisco Chronicle]