It’s been a tough week for the rooftop solar industry.
Nearly a week after California regulators voted to slash compensation for rooftop solar customers, the industry suffered another blow, this time in Georgia.
The Georgia Public Service Commission approved Georgia Power Company’s plan to raise power rates by $1.8 billion or 12% over three years.
Commissioners agreed that Georgia Power will pay 6.68 cents per kilowatt hour for electricity generated by owners of rooftop solar panels. But panel owners will only get a credit after paying retail rates for electricity taken from the grid.
