The state of California is governed by criminals.
AB 942 would affect solar credits for people who installed the panels before April 2023 — limiting their current benefits to 10 years, half of the 20 years they were promised.
The bill’s author, Assemblywoman Lisa Calderon, is a former executive at the parent company of Southern California Edison, which has long complained about the financial credits to households that generate more solar energy than they can use.
TLDR, this would alter contacts solar producers (home owners) made with energy companies (SoCal Edison / PG&E) that determine how much the energy companies pay solar producers for their power sent back to the grid.
The writer uses the term "credits" because this is what this shill politician uses. What they mean is the price at which the power company agrees to buy power home owners send back to the grid. This isn't a "government program". It is an agreement between the power company and its customers. The state forces a monopoly of power providers on the population. The state board directs many of the activities of these power companies. They do price controls and many more crazy things. Its no wonder they want to do this kind of stuff.
The way California has fiddled with the free market for "green" energy is criminal. What the state really needs is more nuclear power plants. The state has to import a huge portion of its power which drives up the cost of energy.
Its gonna happen. New plants will come on line. Just a matter of time. The question is how many more years will people tolerate the ridiculous status quo. Far to few even realize why their power bills are so high. Its not complicated. But few people actually explain it.
Why Does This Matter?
- This is the state being used to manipulate an agreement between companies and customers
- This will reduce the money agreed to be paid to solar owners for power they generate.
- This reduces the value of solar systems that people were told they should install. When a home owner wants to sell their home the system is a huge part of the value of the home and this action would drastically affect the life time value of the system.