Incentives to rise for home solar arrays
By Margot Roosevelt in the Los Angeles Times, February 26 2010
Friday, Gov. Arnold Schwarzenegger is expected to sign legislation that will make it possible for more Californians to sell the electricity they produce back to their utilities at retail prices.
The legislation, written by Assemblywoman Nancy Skinner (D-Berkeley), doubles to 5% the overall amount of energy that California's investor-owned utilities must buy back.
Previously, state law required electric companies to sign so-called net-metering contracts for up to only 2.5% of their load.
Solar advocates said the net-metering boost would allow consumers to recoup their investment faster, which is critical to California's goal of installing a million rooftop arrays by 2017.