A Governor’s Roadmap. Things are escalating in l’affaire PG&E. Late Friday, Governor Newsom published a post outlining the roadmap on utility regulation which included naming Secretary Ana Matosantos as the state’s Energy Czar. The Governor also says that if PG&E isn’t ready to comply with legislation and prioritizing safety after the bankruptcy process, the State is ready to take over.
The Leads Are In. Reuters wanted to check on the solar leads created by the blackouts and found that solar sales are up and storage numbers are up 5x compared to forecasts. I would be surprised if this is only true for PG&E customers, I would assume that other utility service areas are also benefitting from the headlines. Question for C&I developers is whether blackouts have caused businesses to adjust ROI calculations when looking to go solar.
Rising Electricity Prices. Just this weekend we see headlines that APS and Xcel are filing to increase their rates. Death, taxes and rising utility costs.
The Small Go Big. Countries like the Netherlands are going big on renewables and installing exponentially more than US States. The small Country is a bit larger than Maryland and is installing solar at the pace of California. The C&I systems are being installed at about $0.75/watt in Europe which make the financial case quite compelling.
DC Solar Focus. Join your colleagues in the Maryland, DC and Virginia areas for your regional Solar Focus Conference hosted by MDV-SEIA. Join your fellow solar professionals November 20th and 21st in Baltimore.
- Axios: California governor threatens state takeover of PG&E
- Reuters: U.S. solar firms see growth in fire-stricken California
- StarTribune: Xcel Energy seeks 3-year rate increase totaling 15.2%
- AZ Central: APS seeks electricity rate hike. See how much it may cost you
- Bloomberg: Dutch Government Takes Extra Measures to Meet Emission Targets
- PV-Magazine: SoftBank expands U.S. holdings with massive solar buy
- Greentech Media: Vineyard Wind Pushes IRS for Subsidy Extension on Delayed Offshore Project
- Utility Dive: Solar, energy efficiency to drive drops in load, peak demand over next 10 years, ISO-NE says
Opinion
Best, Yann
The post This is your SolarWakeup for November 1st, 2019 appeared first on SolarWakeup.com.
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