New complication in valuation of California solar systems?

[TerryRohrer]

"The amended version of the bill passed by the committee now requires only homes that are sold or transferred to move from legacy net metering to the less lucrative net billing tariff."

"That tariff pays roughly 75% less for solar power sent back to the grid than the net-metering program."

New California bill would undo some 20-year rooftop solar contracts

The bill would deal another blow to California’s ailing rooftop solar sector — and hardly move the needle on its stated purpose of reducing utility costs.

www.canarymedia.com

 

[PushinValue]

can anyone tell me how this will impact leases and ppa systems? Seems like they are both impacted. You will have many people underwater if they have to pay off that 40k system that has 2k contributory under nem 3.0…

 

[glenn walker]

can anyone tell me how this will impact leases and ppa systems? Seems like they are both impacted. You will have many people underwater if they have to pay off that 40k system that has 2k contributory under nem 3.0…

Your screwed no matter lease or purchased.

 

[George Hatch]

Simple. Watch the sales. They'll show what the market's reaction is to the attribute.