A packed house at the Arizona Corporation Commission indicated intense public interest in proposed rate changes that critics say punish solar customers but which Tucson Electric Power says are necessary so they can invest more in solar.
While other U.S.-based module manufacturers have struggled this year, the California-based company has quietly been expanding.
The decision keeps generation and transmission portions of the net metering credits under 100 kW at 100%, but lowers distribution credit to 25% of its current retail value.
GTM Research’s latest report predicts a 50% to 60% overall reduction to solar installations if trade action is taken, with the utility-scale sector taking the most significant hit.
The state’s house and senate have passed a bill to ensure that PV system owners who installed solar by the end of 2015 actually get the tax credit they were promised.
This is the second sale of loan assets for the company, which has experienced significant staff reductions and turnover in its executive positions.
With the third party solar company’s arrival, the big three residential installers have all lined up for a share of the state’s market.
Florida’s solar market is finally truly open for business with the reduction in taxes on leased solar and C&I installations, as the utility-scale market also booms.
Under a new ruling by the California Public Utilities Commission, small utilities can now allow customers to unify multiple meters under one bill for net-metering purposes because it will have no effect on non-solar customers.
According to Deloitte’s annual “Resources 2017 Study – Energy Management: Sustainability & Progress,” grid parity, driven by technological advances and plunging prices, has allowed consumers and businesses to choose clean energy over more traditional fossil-fuel options, with increasing solar use being most consumers’ top priority.
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