Are California Solar Installers Accurately Representing Project Economics in Light of Impending Rate Reform Changes?
California residential solar installers may be using a flawed approach to calculating and presenting the economics of solar projects and not even know it. Earlier this year the California Public Utilities Commission (CPUC) finalized and approved the biggest rate reforms to residential electric rates in a decade. These structural changes to rate design change the value proposition of a solar project, but are not likely being accounted for in the modeling.