Solar-power mandate will hurt California utilities. Or it won’t!
Always interesting to see the wide-ranging opinions from the so-called gurus on any news event.
Take California plans to mandate most new housing will have solar power installed. There’s plenty of worry/debate about who will pay for the loss of revenue utilities suffer when customers produce their own power.
Here’s what two Wall Street credit-rating agencies had to say recently about how this initiatives may impact the financial health of electricity providers.
Moody’s warning
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