I knew this was coming...
Thought solar energy was free? Arizona proves it wrong - Energy Ticker - MarketWatch
This is important because utilities around the country could be doing the same thing very soon. The fee here was going to originally going to be $50 to $100 a month, which no doubt would be backbreaking for solar panel owners. This is a significant attack on the solar industry and should not be ignored.
Thought solar energy was free? Arizona proves it wrong - Energy Ticker - MarketWatch
The Arizona Corporation Commission voted Thursday to charge a small monthly fee to customers of the state’s largest utility who are using rooftop solar panels — leaving the door open for similar fights pitting power companies against solar-energy proponents in other states.
The charge of 70 cents a month per kilowatt, or about $5 for a typical rooftop solar customer, will be effective Jan. 1.
“Overall, [it is] negative for the solar companies exposed to residential/commercial market,” analysts at RBC Capital Markets said in a note to clients late Thursday.
This is important because utilities around the country could be doing the same thing very soon. The fee here was going to originally going to be $50 to $100 a month, which no doubt would be backbreaking for solar panel owners. This is a significant attack on the solar industry and should not be ignored.