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Rooftop-solar industry blames PG&E, Newsom as Bay Area businesses struggle (mercurynews.com)
1 point by miguelazo on Jan 8, 2024 | hide | past | favorite | 1 comment


>Central to PG&E foes’ criticism is the guaranteed 10% to 12% profit it is allowed to make, via rate increases, on its investments in infrastructure including systems for feeding power to urban areas from large remote solar arrays. “That’s crazy high,” said Del Chiaro, of the solar industry association. “It sets up this incentive for them to be against anything that reduces the need for poles and wires.”




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