Tuesday, October 27, 2009

Can I earn money from my home solar?

Yes in California. There’s a new reason to be proud (and financially pleased) to be a solar owner in California today.

With the new net metering law, Utilities(PGE or EB) must now PAY you cash money at the end of the year if your panels produce extra solar power. How much will they pay you per kWh?
That’s still to be decided by the California Public Utility’s commission, but it should be significant.

Previously, owners with excess solar energy just decided to turn up the air conditioning and leave on the lights, rather than let the utility use their extra power for free.

The law goes into effect January 1, 2011, to allow the California Public Utility Commission to work out the details ($).
So get rid of that old fridge and turn off the lights!

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