http://gigaom.com/cleantech/solar-now-for-renters-too/California regulators have approved a policy for residents who, until now, have been under-served by the state’s popular solar incentive program: renters.
The California Public Utilities Commission voted on Thursday to give renters of apartments or other multi-tenant housing access to a program that previously targeted only low-income residents. The program, so-called virtual net metering, allows renters to get credits on their utility bills for the electricity produced by a communal solar system on their complex.
The solar electricity won’t go to any tenant but will instead be fed to the grid and sold to the utility. The new program will be available to business tenants as well.
Virtual net metering bridges a gap between the more affluent and the low-income, as well as the home-owner and the renter, so people in the middle can benefit from clean power. It also creates new business opportunities for solar service providers and their equipment suppliers.
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