California Solar Rooftop Installations Drop by 80 Percent ‘Overnight’: Report

Published on January 18, 2024

California’s decision to change how much customers make from solar energy, which took effect last April, has pummeled the rooftop solar industry in the state, and industry experts expect a nearly 41 percent drop in sales this year. “We expect installations to fall off sharply in 2024,” Solar Energy Industries Association spokesman Morgan Lyons, a national solar-energy industry trade association, told The Epoch Times. The state’s Public Utilities Commission (CPUC) put in place a new policy in April that substantially reduced the amount of money solar customers make selling excess energy back to the grid. The move slashed the value of solar energy shared back to the grid by solar homes and businesses by up to 80 percent overnight, according to the California Solar and Storage Association, a state solar industry association with over 550 member companies....

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