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Fight intensifies over bill by former Edison executive to gut rooftop solar credits [Los Angeles Times (CA)]

Edison International (EIX) 
Last edison international earnings: 4/30 04:05 pm Check Earnings Report
US:NYSE Investor Relations: edison.com/home/investors.html
Edison and the state's two other big for-profit utilities have long tried to reduce the energy credits that incentivized Californians to invest in the solar panels. A bill to sharply reduce the energy credits given to homeowners with rooftop solar panels is pitting union electrical workers and the state's big utilities against people who benefit from the solar credits — and one of the first skirmishes took place in the City of Industry on Wednesday. Waving signs and blowing whistles, dozens of rooftop solar owners protested outside the office of Assemblymember Lisa Calderon (D-Whittier), who proposed Assembly Bill 942 to slash the credits for people who installed the systems before April 15, 2023. Jim Matthews, one of the rooftop solar owners at the protest, said he doubts he would have purchased the panels if he would have known the state would be reversing the incentives. “Stuff like this tears my heart,” said Matthews, who lives in Hawthorne. “I think it's scandalous.” C Show less Read more
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