Schwarzenegger Signs Legislation to Complete Million Solar Roofs Plan: "Consumers who install solar panels on their homes and businesses can sell excess energy back to power companies for credit on their monthly bills. This credit is a key incentive for consumers to install solar panels. Currently, the cap on the number of customers who can use this option is .5 percent. SB 1 raises this to 2.5 percent. Raising the ceiling will provide part of the needed financial incentive to bring more solar power on to the grid. "
Tuesday, August 22, 2006
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