California expands rooftop solar power subsidy

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California regulators approved an expansion of a subsidy for rooftop solar power generated by homeowners and businesses.

June 06, 2012

California regulators approved an expansion of a subsidy for rooftop solar power generated by homeowners and businesses. The plan, adopted by the California Public Utilities Commission, allows more homeowners and businesses that install their own solar-power systems to sell unused power to their utility. The "net energy metering" program requires utilities to buy the power.

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