By Roy L Hales

Much to the apparent chagrin of California’s three public utilities companies, residential solar is booming. According to the Vote Solar Initiative, 1,400 megawatts (MW) of PV installations are now operating on the homes or businesses of 134,000 Californians. In a recent study, they conclude that, the benefits to ratepayers in SCE, PG&E, and SDG&E territories will be around  $92.2 million a year “by the time the state’s net metering program is fully subscribed at 5% of peak demand.” Two thirds of these installations are in low and median income neighbourhoods.

Pacific Gas & Electric, Southern California Edison, and San Diego Gas & Electric have become increasingly critical of net metering which, according to a Vote Solar Initiative PRnewswire, “reduces their ability to justify the capital investment infrastructure projects that earn them a guaranteed profit.”