Logical Follow Up Question

In a follow up to yesterday's posting on AB 920, a logical question to ask is: what's in it for the utility companies? Luckily the state didn't miss a chance to effect reasonable public policy.

Under California's Renewable Portfolio Standard (RPS), utility providers are mandated to develop an energy portfolio that contains 33% renewable energy by the year 2020. Under the new mandate to pay consumers for surplus energy they generate, utility providers are allowed to credit renewable energy purchased from customers towards their renewable energy portfolio goals.

This common sense policy decision allows the mandates in AB 920 to create winning situations for utilities and customers.