CA rooftop solar will cost other customers $1 billion per year - See more at:
Wealthy rooftop solar homeowners will shift $1.1 billion per year in
extra costs onto other electric ratepayers by the year 2020, according
to a new study just released by the California Public Utilities
Commission.
rooftop solar, wikimediaWho benefits from net-metered solar rooftop
systems is a contentious issue. Sure to add controversy is the CPUC
study finding that the median household income for customers with
rooftop solar systems is $91,201 per year. This is compared with a
median income of $54,283 for all households in California and $67,821
for customers of the Big Three regulated electric utilities, PG&E,
Edison and SDG&E. Net-metered electric customers had 78 percent
higher median income than the median California household income.
...
Solar rooftop systems are obviously popular with wealthier homeowners
who receive the benefits of reduced electric bills. However, UC
Berkeley Energy Institute analyst Dr. Severin Borenstein reports that a
rooftop solar system’s lifetime costs are $86,000 to $91,000, but the
value of the power produced is only $19,000 to $51,000. Without
subsidies and tax incentives and credits, solar systems are not
sustainable. - See more at:
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Well, isn't that special. We have actually identified California
environmentalsts, 1) Making the environment worse and 2) Doing so for no
other reason than to transfer wealth from the poor to the rich. Welcome
America, this is your future.
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Well, isn't that special. We have actually identified California environmentalsts, 1) Making the environment worse and 2) Doing so for no other reason than to transfer wealth from the poor to the rich. Welcome America, this is your future.