Cash Incentives for Solar Energy in California
Assembly Bill 920, authored by Assemblyman Jared Huffman, D-Marin, and signed by the governor of California, requires utilities to pay solar customers who produce more energy than they use.
Currently homeowners that produce more solar energy than they produce can zero their bills but they’re not paid for the extra energy they feed back into the grid. The payment for producing extra energy is known as “feed-in tariffs” and such an incentive has seen great success in European countries like German and Spain.
Under the new law, the California Public Utilities Commission is required to set the rate for the paybacks by Jan. 1, 2011.
