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Solar power required for all new California homes on Jan. 1
submitted 3 years ago by Rose421 from mercurynews.com
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[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (3 children)
Well, that goes against their business model, because they'll sell less electricity that way.
[–]Intuit 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (2 children)
Install panels, charge homeowner monthly for electricity but at a lower rate. Power company makes more profit, homeowner has no uncertainties of investing in a solar system.
[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (1 child)
Oh, so you mean the customer can basically rent the solar panels?
[–]Intuit 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (0 children)
Effectively yes, though the rate would vary based on customer usage so the customer isn't left paying money if they don't use enough electricity that month. The general point was that if it's profitable the power company can foot the risk and get some of the benefit.
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[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (3 children)
[–]Intuit 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (2 children)
[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (1 child)
[–]Intuit 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)