California is producing so much solar energy that it has to pay other states — or energy traders — to use it, making electricity cheaper for other states’ residents, while raising energy bills for local residents.
The Los Angeles Times reported Sunday that California is oversupplying solar energy to such an extent that it is cutting back on solar energy by 3 million megawatts per year, enough to power more than half a million homes.
Worse, California pays other utilities to take the excess power, which means consumers in other states are receiving credits on their bills, while California residents are struggling with the burden of subsidizing “green” energy policies.
The Times reported:
Solar is the linchpin of California’s plan to generate all its electricity from carbon-free sources by 2045, but some energy experts question the feasibility of the plan given the…