Rooftop solar power is growing like crazy in California. But there’s a big problem: About 44 percent of California residents are renters, not homeowners. That means that nearly half the residents of the state can’t purchase solar-generated electricity even if they want to.
Now the solar industry, utilities, environmentalists, financiers and legislative staffers in Sacramento are hashing out an innovative but controversial Senate bill that would allow people to join forces and collectively ‘buy’ solar power from a shared facility.
The bill covers other forms of renewable energy, including wind, biomass, geothermal, and small hydropower. But solar panels, which have seen a dramatic drop in price in recent years,
are expected to make up the lion’s share of new projects. Senate Bill 843 aims to bring an additional 2 gigawatts of renewable energy online within the territories of the state’s three largest utilities: PG&E, Southern California Edison and San Diego Gas & Electric. Two gigawatts is nothing to sneeze at: One gigawatt is roughly the output of two coal-fired power plants and is enough energy to power 750,000 homes.
The bill would allow customers of the three utilities to ‘buy’ renewable energy from, say, a solar array on the roof of a church, in […]