The article discusses fraud in the solar industry, with the author suggesting that companies such as Independent Solar and California are not the only ones to blame. The new net energy metering tariff NEM 3.0, introduced in California in 2023, significantly reduced the compensation solar homeowners receive for unused electricity sold back into the grid. This change in practice means customers are being reimbursed about 75% less than they were before. Research firm Wood Mackenzie predicts that in 2024, California’s solar installation rates in California will decrease by 38%. Other states, including Arkansas, Hawaii, Idaho, and North Carolina, have also made changes to reduce savings. The industry argues that solar power is a major upfront investment that can reduce long-term costs but only benefit if customers save enough on utility bills to make the utility bills pay themselves less.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
