AB 920 update

From our good friends at CleanTechnica...

AB 920 now gives solar homeowners two additional options for the excess kilowatt-hours in our credit at the end of the year.  We now have the option of rolling over month-to-month indefinitely – banking credits for later, when we can finally buy an electric car, maybe! – or we can take the cash at the end of each year. (The exact cash amount won’t be finalized by the CPUC till By January 1, 2011.)
So, if you are installing solar this year, you should feel free to overbuild your solar system, because now you can be paid cash (or rollover credits) for the excess. But be sure to sign up for one or other of the new end-of-year credits options with your solar estimator. Otherwise, per DSIRE: “If the customer makes no affirmative election for either option, the utility will be granted their NEG at the end of the 12 month period with no compensation to the customer”.
OC Renewables will be keeping a close eye on this going forward. Keep us posted as well if and when you hear the latest!