(Bloomberg) — California is backing away — ever so slightly — from its once-sweeping mandate requiring solar panels on virtually every new home.The California Energy Commission voted unanimously in favor of a measure proposed by the Sacramento Municipal Utility District to allow homes to get power from solar farms instead of rooftop panels.The move is a setback for Sunrun Inc., Vivint Solar Inc. and other panel installers betting on California’s mandate to boost sales. It also threatens to undermine a movement to make rooftop panels ubiquitous.California’s mandate was unprecedented when enacted in 2018 as part of former-Governor Jerry Brown’s effort …read more
Source:: Yahoo Finance
