• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

31-year-old millionaire has zero sympathy for unemployed Gen Z's ‘excuses’—he says 'it is scarily easy' to build a business and get rich right now

2

The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

3

Iran's president admits 'we have many problems' and missiles 'are of no use' as the U.S. chokes its economy while weakening Tehran's grip on Hormuz

1

31-year-old millionaire has zero sympathy for unemployed Gen Z's ‘excuses’—he says 'it is scarily easy' to build a business and get rich right now

2

The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

3

Iran's president admits 'we have many problems' and missiles 'are of no use' as the U.S. chokes its economy while weakening Tehran's grip on Hormuz
TechSolarCity

California Maintains Crucial Solar Policy

By
Katie Fehrenbacher
Katie Fehrenbacher
Down Arrow Button Icon
By
Katie Fehrenbacher
Katie Fehrenbacher
Down Arrow Button Icon
January 29, 2016, 12:51 PM ET
Residential Solar Panel Installation With Stellar Solar Energy Systems
Andres Quiroz, an installer for Stellar Solar, carries a solar panel during installation at a home in Encinitas, California, U.S., on Wednesday, Aug. 15, 2012. Stellar Solar installs residential and commercial solar panels in the San Diego area. Photographer: Sam Hodgson/Bloomberg via Getty ImagesPhotograph by Sam Hodgson — Bloomberg via Getty Images
Add Fortune on Google for similar content.

In contrast to the battle over solar in Nevada, the state with the most solar panels in the U.S., California, has decided to maintain an important policy that supports solar customers.

On Thursday afternoon, the California Public Utilities Commission voted to keep the state’s current policy of compensating solar customers for the energy they generate with solar panels. The commission narrowly upheld the policy with a vote of 3 to 2.

Called “net metering,” the policy has been examined by states across the nation in recent years. Utilities across the country have been struggling to figure out how to manage and pay for the influx of home-owners buying solar panels and generating their own power in sunny states like Nevada, Arizona, and California.

A group of protesters outside of the Public Utility Commission in Las Vegas.Fortune, Katie Fehrenbacher
Fortune, Katie Fehrenbacher

 

In Nevada, state regulators recently approved a change to net metering rates, adding fees and lowering the price paid to solar customers for the energy they generate. The decision in California will be highly watched given the state leads the solar industry.

Sign up for Data Sheet, Fortune’s technology newsletter.

Many states have net metering rules in place, but California pays its solar customers high rates for their electricity, encouraging the growth of the solar industry. Partly because of such policies, California has the most solar customers in the U.S.

The solar industry applauded the ruling. The Solar Energy Industries Association released a statement that said: “By voting to continue net metering in California, the CPUC is driving a stake in the ground and solidifying its place as America’s leading clean energy state.”

SolarCity CEO Lyndon Rive said in a statement: “Today’s decision by the Public Utilities Commission will empower Californians to contribute to a cleaner, more affordable, more resilient, and more distributed grid.” He added: “It will give us the time to prove distributed energy’s full benefits to the grid and all ratepayers, while continuing to deploy clean energy and creating jobs today.”

SolarCity has a new efficient solar panel:

SolarCity (SCTY) is the largest solar installer in the U.S. Following Nevada’s decision to add fees and reduce compensation for customers’ solar energy, SolarCity announced it would no longer operate in the state. The company also relocated 550 of its workers that were operating in Nevada. Other solar companies made similar moves.

Nevada’s regulators’ decision was particularly contentious because it also implemented the new fees for existing solar customers. That meant that thousands of Nevadans that bought solar panels years ago, and spent tens of thousands of dollars, would immediately have to start paying higher fees.

Two solar customers filed a class action lawsuit against the utility in the state, NV Energy, claiming the company gave false information to the regulators. Earlier this week NV Energy announced that it would propose to enable existing customers to keep their previous rates for the next 20 years.

About the Author
By Katie Fehrenbacher
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Tech


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.