Gov. Arnold Schwarzenegger, R-Calif., has signed A.B.510, introduced by Assemblymember Nancy Skinner, D-Berkeley. This legislation will raise the requirement on net metering in California, ensuring homeowners and business owners continue to invest in solar power, the governor's office says.
The current net-metering requirement is 2.5%, but with solar installations rapidly growing in California and more than 50,000 homes and businesses generating their own solar power, many utilities have reached or are close to meeting this level. A.B.510 raises the requirement on net metering to 5%.
SOURCE: Office Of Gov. Arnold Schwarzenegger
