California has a few problems with timing. The state is in the process of setting new time-of-use (TOU) electric rates at its three large investor-owned utilities, which could have significant impacts on the economics of distributed solar installations under the state’s new net metering rules. And until these are finalized, solar customers and developers are in the dark.
This lack of clarity is a problem for residential solar customers, who will be forced onto mandatory TOU rates under Net Metering 2.0, which will be effective in the final of the three utilities as of July 1. But it is also a problem for commercial and industrial (C&I) PV system owners who were already on TOU rates, as these time periods over which these rates will apply are set to change for the first time since the 1980s…
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