California regulators approve changes to rooftop solar policy

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Published: Dec 15, 2022, 23:36 GMT+00:00

(Reuters) - California utility regulators on Thursday approved a proposal to reduce the rate at which households with rooftop solar panels are credited for exporting surplus power to the grid, a step solar companies warn could slow installations but utilities argue will be fairer for low-income ratepayers.

A solar installer carries a solar panel during an installation at a residential home in Scripps Ranch, San Diego

(Reuters) – California utility regulators on Thursday approved a proposal to reduce the rate at which households with rooftop solar panels are credited for exporting surplus power to the grid, a step solar companies warn could slow installations but utilities argue will be fairer for low-income ratepayers.

(Reporting by Nichola Groom; Editing by Chris Reese)

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