By Ryan Tracy | 4-Traders
Regulators in two states recently decided against lowering compensation for solar-system owners, results that suggest electric utilities may have difficulty reducing payments to a fast-growing sector that is cutting into their revenue.
The Idaho Public Utilities Commission last week rejected a proposal to raise monthly fees paid by homeowners and small businesses that install solar panels, denying a petition from Idaho Power Co., which serves Boise and other parts of southern Idaho.
That followed a June 26 decision by the Louisiana Public Service Commission to maintain payments that utilities must make to solar system owners. The commission voted 3-2 against a proposal to lower the payments that had been supported by Entergy Corp.
If you’d like to discuss energy issues, contact Court Rich, Co-Chair of Rose Law Group’s Renewable Energy Department at crich@roselawgroup.com
[…] tide of rooftop victories started on June 26 of this year, when the Louisiana Public Utilities Commission voted 3-2 to maintain the payments utilities must make to solar […]