Dive Summary:

• “PG&E’s marginal prices cannot compete with solar,” explains Douglas Short of the Energy Collective. As a result, the utility, servicing most of northern California, will lose customers who can get solar installations for free and pay a lower rate for electricity.
• Residents, who make up 40% of Pacific Gas & Electric’s customers, pay up to 35¢/kWh for utility power and will see a rate of 54¢/kWh by 2022.
• The cost to install rooftop solar will continue to fall by 10% a year which will only boost business for solar system providers such as SolarCity.

From the article:
“In addition to these high marginal prices, under state law PG&E has a net metering program. This program allows the customer to carry over kWh credits in perpetuity, or to get cashed out for any excess once every 12 months based on average wholesale prices for the hours 7a – 5p.”