ICYMI: Wall Street Journal Calls California’s Net Energy Metering “Welfare for the Wealthy”

Posted on February 8, 2022

Debate about NEM is a “revolt by the rich against a California proposal to scale back subsidies for rooftop-solar panels”

Sacramento –

The Wall Street Journal weighed in today on the debate about California’s Net Energy Metering (NEM) rooftop solar subsidies, calling California a “solar power welfare state” with benefits flowing to the rich at the expense of the poor.

“The rich and famous object to a rollback of subsidies for home solar power,” says WSJ. “The dirty little secret about green energy subsidies is that they are welfare for the wealthy. And like any entitlement, they are hard to reform once people get hooked. Witness the revolt by the rich against a California proposal to scale back subsidies for rooftop-solar panels.”

Other notable quotes from California’s Solar-Power Welfare State”

  • “Solar customers use the grid to consume and export power. Yet they avoid much of the grid costs, which are shifted to other customers.”
  • “Net-metering is highly regressive and becoming unsustainable as more affluent homeowners install solar panels. The bottom 40% of income earners in California account for only about 13% of solar customers. A study by the left-leaning outlet Next 10 last year estimated that this cost shift translates into $230 more for an average annual electric bill.”
  • “Renewable subsidies were intended to be temporary. But as California shows, once the rich and powerful are hooked, the handouts are hard to take away.”