As reported earlier this month , massachusetts ’ stalemate on solar legislation delayed more than 500 solar projects worth $ US$617 million m for five months . Now, a six member Senate and House conference committee has agreed on a compromise proposal to increase net metering caps by 3% and reduce the reimbursement rate for community and commercial solar projects. The House and then the Senate will now review the bill for potential technical amendments.
As reported earlier this month, Massachusetts’ stalemate on solar legislation delayed more than 500 solar projects worth $618m for five months. Now, a six member House and Senate conference committee has agreed on a compromise proposal to increase net metering caps by 3% and reduce the reimbursement rate for community and commercial solar projects. The House and then the Senate will now review the bill for potential technical amendments.