this post was submitted on 13 Dec 2023
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California clean energy industry rocked with widespread jobs losses, bankruptcies, following state’s dismantling of rooftop solar program::undefined

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[–] pacology 6 points 11 months ago

They decided to pay wholesale prices for electricity sold back to the grid instead of residential prices. That means that any excess power sold goes from around 33 cents to 6 cents, meaning that most people won’t see a change in their bills after installing solar because most households use power at night when there is no sun. This leads to people just not installing solar panels anymore.