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CALIFORNIA PROPOSES REDUCING INCENTIVES FOR ROOFTOP SOLAR

California regulators proposed reducing the discounts people who install home solar panels and storage systems get on their energy bills, meaning it will take more time — a decade — to recoup the costs of installation.

California’s wildly successful 26-year-old program to get more people to put solar panels on their homes has been at the center of a fierce debate between the state’s major utilities and the solar industry and the California Public Utilities Commission’s proposed reforms have been highly anticipated.

Current incentives allow residential solar customers to sell whatever energy they

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