Cash Incentives for Solar Energy in California
It seems the California Governor is making an all-out effort to encourage people to switch over the renewable source of energy. Assembly Bill 920, authored by Assemblyman Jared Huffman, D-Marin, and signed by the governor of California, requires utilities to pay solar customers who produce more energy than they use.
Currently homeowners that produce more solar energy than they produce can zero their bills but they’re not paid for the extra energy they feed back into the grid. The payment for producing extra energy is known as “feed-in tariffs” and such an incentive has seen great success in European countries like German and Spain.
Under the new law, the California Public Utilities Commission is required to set the rate for the paybacks by Jan. 1, 2011.
The idea aims to utilize the empty and unused lots like rooftops, water house roofs and parking areas for the purpose of producing solar energy. Aside from these there remain many unused private properties that can be easily converted into solar power generating units, bringing in extra cash for the home owners.