Assembly Bill 942, proposed by Assemblymember Lisa Calderon, aims to cut the energy credits for homeowners with rooftop solar systems from 20 years to 10 years. This legislation has ignited conflict between union electrical workers, large utility companies, and solar panel owners, particularly during a protest in City of Industry. Critics argue that shortchanging credit incentives undermines prior expectations and investments made by homeowners, while supporters cite the need to reassess energy credits due to their impact on utility revenues. Calderon's connections to Edison are also drawing scrutiny regarding her motivations.
Calderon stated that she introduced AB 942 to address concerns about energy credits for rooftop solar owners, admitting that a significant majority benefited from these incentives.
Jim Matthews expressed his dismay at the potential changes to credit incentives, highlighting the emotional impact on homeowners who invested in solar panels based on prior state commitments.
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