How homeowners can get cash from PG&E.
February 21st, 2012
How does a FIT work? FITs are simple. They put a legal obligation on utility companies to buy electricity from renewable energy producers at a premium rate, usually over a guaranteed period, making the installation of renewable energy systems a worthwhile and secure investment for the producer. The extra cost is shared among all energy users, thereby reducing it to a barely noticeable level. PG&E is blocking California homeowners from selling solar electricity onto the grid. The grid is suppose to be open to anyone who wants to sell solar energy on the grid. The grid in Germany, & most countries, is open to anyone who wants to sell green energy onto the GRID. I have written to Gov. Jerry Brown to ask him to help our economy by forcing PG&E to follow the law. Please write to Brown and ask him to stop PG&E from blocking homeowners from selling solar electricity onto the grid. FITs are effective at overcoming the various barriers that confront market entry for renewables, which can be summarised as follows: costs and pricing: distorted ‘playing field’ through subsidies for competing energy sources; fluctuation of oil and gas prices; high initial capital costs; environmental externalities legal and regulatory: lack of legal framework for independent power producers; planning restrictions; grid access; liability insurance requirements market performance: lack of access to credit; perceived technology performance uncertainty and risk; lack of technical or commercial skills and …
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