Study: Solar 'Net Metering' To Provide Over $92 Million in Benefits to California Ratepayers
Tuesday, Jan 15 2013
A study released today by the Vote Solar Initiative finds that net-metered rooftop solar will provide more than $92 million in annual benefits to ratepayers of California's three investor-owned utilities.
Net metering is a program that provides rooftop solar customers with utility bill credits for the surplus clean energy that their solar systems feed onto the electric grid. Net metering has been a key driver of the rapid expansion of solar across California's rooftops, with two-thirds of home solar installations now occurring in low and median income neighborhoods, according to a July 2012 California Solar Initiative report.