California’s state legislature has passed the landmark 600MW “shared renewables” bill that will open up access to clean energy to millions of residents who can’t install their own renewables – with no state subsidy and no extra ratepayer costs.
California just set a record for solar power generation with 2GW on the state’s grid, 5% of last Friday’s peak demand, shining new light on the role renewables can play in our clean energy future.
This article originally appeared on Solar Love. A lot of people can go solar today and get a very good … [continued]
California’s clean energy economy is already America’s largest, but two bills making their way through the state legislature could open access to renewables for millions of utility customers – without any subsidies.
If passed, SB 43 and AB 104 would allow the 75% of California utility customers who can’t install their own on-site generation to subscribe to “shared” renewable energy projects of up to 20 megawatts (MW).
Advocates say a 500MW shared renewables pilot program within the state’s three largest utility service territories would create 7,000 green jobs, earn $60 million in state sales tax revenue, generate $2 billion in economic activity, and voluntarily surpass the state’s 33% renewable portfolio standard…
