Twenty-four Minutes Ago -- Just Breaking -- 75% Cut For New Customers -- Rooftop Solar -- Net Metering Payments -- December 15, 2022

Average homeowner would see as much as a 75% haircut. 

Doesn't seem fair, does it? 

Current folks need to be grandfathered in. Make changes that affect new customers. [See below.]

Let's see what SRE does tomorrow. 

Along with the broader market, SRE closed down 1.2%; down $2.00; trading at $161.91. 

Oh, here we go, deep in the article:

The proposal would have no impact on existing rooftop solar customers and would maintain their current compensation rates, and would also encourage consumers to install batteries with their solar panels, the commission said.

Okay, great call!