California Setting Another Important Precedent for Renewable Energy

Via - "The California Public Utilities Commission (CPUC) issued a proposed decision on Wednesday [6 December 2006] granting 100% ownership of Renewable Energy Credits to owners of solar systems and other renewable energy distributed generators. This reverses a proposed decision from early November that would have granted utilities full ownership of RECs. Many solar advocates and consumers argued that gifting RECs to utilities would have eliminated an important source of revenue for solar owners. The proposed decision will be on the January 11th Commission meeting agenda for vote. The comment period will last from December 7 to December 27.