Gov. Arnold Schwarzenegger, R-Calif., recently signed AB 1714, a bill that reduces rates for solar customers by adjusting language in legislation passed last year to complete the Million Solar Roofs plan. The program, administered by the California Public Utilities Commission (CPUC), provides financial incentives to home and business owners to install solar systems to reduce electricity demand in California.
Language in the legislation passed last year related to the requirement for Time of Use rates for electricity customers that install solar systems caused some customers to experience increased costs. This bill allows the CPUC to temporarily change the rate structure for solar systems installed since January 1, 2007, the governor's office says. The legislation will take effect immediately and will allow the CPUC to offer rebates or credits to ratepayers impacted by the current rate structure.
‘I am very pleased the Legislature was able to act so quickly to strengthen this important program that will greatly expand solar energy in California,’ comments Schwarzenegger. ‘By expanding its use in homes and businesses across our state, we can help reduce greenhouse gas emissions while bringing more jobs to California.’