Please ensure Javascript is enabled for purposes of website accessibility
Proposed Rule Would Hike Electricity Costs for California Apartments
By admin
Published 1 year ago on
August 31, 2023

Share

Getting your Trinity Audio player ready...

The California Public Utilities Commission is holding a public hearing this morning on a proposal that would drive up the costs of electricity for tenants in multifamily apartments.

Under the Virtual Net Metering Proposal, electricity generated by solar panels on multifamily housing would have to be sold to a utility company at wholesale rates and then repurchased by the apartment complex at the current retail rate. The power would not be used directly by the tenants.

Utility companies would pay only pennies at wholesale rates for the power generated but sell it back at a much higher retail rate, critics says.

Virtual Net Metering was created as an opportunity for tenants to have a share of lower-cost solar energy that is generated through one meter instead of multiple meters, one for each housing unit.

The costs of providing multiple meters would considerably raise the cost of building housing units. New developments in California are required to have solar panels.

The hearing starts at 11 a.m.

How to Comment

To provide a public comment, dial in at 11 a.m. to get into the queue for speaking: 1-800-857-1917, passcode: 9899501# (Spanish speakers: 1-800-857-1917, passcode: 3799627#)

To make a public comment during the public comment period, press *1 (star one) when you wish to speak to be placed in a queue by the operator. Once you press *1 you will be prompted to state your name and/or organization.

You can also watch the meeting at www.adminmonitor.com/ca/cpuc.

If you have trouble calling into the Public Comment line, send an email to VotingMeetingHelp@cpuc.ca.gov or call (415) 703-5263.

RELATED TOPICS:

DON'T MISS

Your College Football Team, Now Brought to You by Whiskey

DON'T MISS

Most Medical Debt Can No Longer Hurt Your Credit Score Under New California Law

DON'T MISS

Dead Body Is Found in Wheel Well of United Airlines Plane After Landing

DON'T MISS

AI Is a Game Changer for Students With Disabilities. Schools Are Still Learning to Harness It

DON'T MISS

Israeli ‘Earthquake’ Missile Strikes in Syria Register on the Richter Scale

DON'T MISS

Israeli Attorney General Orders Probe Into Report That Alleged Netanyahu’s Wife Harassed Opponents

DON'T MISS

What Is Known About a Plane Crash in Kazakhstan as Experts Suspect Russian Air Defense Fire

DON'T MISS

New York to Charge Fossil Fuel Companies for Damage From Climate Change

DON'T MISS

Israel Strikes Houthis in Yemen’s Capital. The WHO Chief Was Just a Few Feet Away.

DON'T MISS

Holiday Shoppers Increased Spending by 3.8% Despite Higher Prices

UP NEXT

Most Medical Debt Can No Longer Hurt Your Credit Score Under New California Law

UP NEXT

Holiday Shoppers Increased Spending by 3.8% Despite Higher Prices

UP NEXT

How the Stock Market Defied Expectations Again This Year, by the Numbers

UP NEXT

Oakland Man Dies in Christmas House Fire After Rescuing His Family

UP NEXT

California Bans Schools From Forcing Teachers to ‘Out’ LGBTQ Students

UP NEXT

Welding is a Way Back to School for California Kids Who Regularly Ditch Classes

UP NEXT

California Limits Junk Fees: New Law Blocks Fines for Declined ATM Withdrawals

UP NEXT

Amazon and Starbucks Workers Are Striking. What Does It Mean for Labor Under Trump?

UP NEXT

CalFire Shares 2024’s Top Images. See Highlights of Intense Wildfire Season.

UP NEXT

California and Texas Duke It Out for Worst State to Raise a Family

AI Is a Game Changer for Students With Disabilities. Schools Are Still Learning to Harness It

3 hours ago

Israeli ‘Earthquake’ Missile Strikes in Syria Register on the Richter Scale

3 hours ago

Israeli Attorney General Orders Probe Into Report That Alleged Netanyahu’s Wife Harassed Opponents

3 hours ago

What Is Known About a Plane Crash in Kazakhstan as Experts Suspect Russian Air Defense Fire

3 hours ago

New York to Charge Fossil Fuel Companies for Damage From Climate Change

3 hours ago

Israel Strikes Houthis in Yemen’s Capital. The WHO Chief Was Just a Few Feet Away.

3 hours ago

Holiday Shoppers Increased Spending by 3.8% Despite Higher Prices

3 hours ago

Fresno Public Hanukkah Lighting Will Move Indoors Sunday

3 hours ago

Americans Are Exhausted by Political News. TV Ratings and a New AP-NORC Poll Show They’re Tuning Out

3 hours ago

How the Stock Market Defied Expectations Again This Year, by the Numbers

3 hours ago

Your College Football Team, Now Brought to You by Whiskey

At SHI Stadium at Rutgers University, advertisements for Eric LeGrand Whiskey flashed across the Jumbotron and on digital billboards during ...

53 minutes ago

Ole Smoky Moonshine
53 minutes ago

Your College Football Team, Now Brought to You by Whiskey

2 hours ago

Most Medical Debt Can No Longer Hurt Your Credit Score Under New California Law

2 hours ago

Dead Body Is Found in Wheel Well of United Airlines Plane After Landing

3 hours ago

AI Is a Game Changer for Students With Disabilities. Schools Are Still Learning to Harness It

Syrian man waves white flag as he approaches Israeli soldiers
3 hours ago

Israeli ‘Earthquake’ Missile Strikes in Syria Register on the Richter Scale

3 hours ago

Israeli Attorney General Orders Probe Into Report That Alleged Netanyahu’s Wife Harassed Opponents

3 hours ago

What Is Known About a Plane Crash in Kazakhstan as Experts Suspect Russian Air Defense Fire

3 hours ago

New York to Charge Fossil Fuel Companies for Damage From Climate Change

Help continue the work that gets you the news that matters most.

Search

Send this to a friend