SPECIAL ALERT ABOUT PG&E: Solar Is Business As Usual
By now, you’ve heard that PG&E intends to seek bankruptcy protection. However, all JKB Energy solar projects are moving forward as planned — PG&E is still operating as usual in the field and in the interconnection office.
Here’s what we know now:
PG&E has only given notice to file bankruptcy. They have not actually filed yet.
California’s Net Energy Metering (NEM) program is governed by the CPUC, not PG&E. Nothing is changing regarding how our clients save money with their solar systems. All NEM contracts are valid and will remain valid.
All applications for interconnection (and all other PG&E services) are continuing during this process. PG&E employees are still at work and still getting paid.
What does this mean in the long term?
As with the 2001 PG&E bankruptcy filing, the longterm result will likely be rate increases, which means our clients will save even more money with JKB Energy solar systems. Solar is now a necessity for local businesses to control their future energy systems. Protecting your financial future with solar makes more sense now than ever due to utility company volatility and the ITC changes. Click here for more details on the ITC rate changes that will take place beginning January 1, 2020.
In the meantime, we remain active on the political front. Rich Borba, our Director of Business Development, is a member of the board of directors for the California Solar Storage Association (CALSSA).
“Our work with CALSSA is critically important because it brings JKB Energy to the forefront on legislative and policy issues, including this PG&E crisis,” he says.