Sunday, May 12, 2013

Rooftop Solar Battle Pits Companies Against Utilities

Rooftop Solar Battle Pits Companies Against Utilities


Andrew Herndon, Bloomberg
SolarCity Corp. (SCTY), Sungevity Inc., Sunrun Inc. and Verengo Inc., companies that financed the majority of U.S. rooftop solar installations, formed a lobbying group to counter efforts by “monopoly utilities” to quash programs that support renewable energy in 43 states.The Alliance for Solar Choice will focus initially on preserving so-called net energy metering policies that require utilities to purchase surplus electricity at retail rates from customers with rooftop solar systems, the group said today in a statement.http://www.bloomberg.com/news/2013-05-10/rooftop-solar-battle-pits-companies-against-utilities.html

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