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There May Be a Huge Hole in California’s New Rooftop Solar Rule [Yahoo! Finance News]

Sunrun Inc. (RUN) 
NASDAQ:AMEX Investor Relations: investors.sunrun.com/investor-overview
There May Be a Huge Hole in California’s New Rooftop Solar Rule ) -- A proposal by a single utility threatens to upend California’s sweeping mandate requiring solar panels on almost every new home. The Sacramento Municipal Utility District is asking state regulators to allow its customers to get power from solar farms instead of installing their own panels, saying they should have a choice. Rooftop solar installers are meanwhile warning that this would undercut California’s clean-energy goals. The utility’s proposal, which California energy regulators are expected to vote on Wednesday, would be a big win for home builders -- who’ve warned that the state’s solar mandate will drive up housing costs -- and a major blow to Sunrun Inc., Vivint Solar Inc. and other panel installers that were betting on the rule for a surge in sales. The plan also threatens to undermine a movement to make rooftop panels mainstream and has broader implications for lawmakers elsewhere who were looking to follo Show less Read more
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