Utility bankruptcy concerns rise as bill comes due for 2017 California fires; North Carolina regulators issue rare rebuke to Duke with rate denial; US solar industry gets boost with new IRS guidance; Tesla plans to pare back residential solar business, Reuters reports
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Commissioner Andy Tobin said he will docket a draft version of a proposed rule by July 5, with discussion to begin at the Arizona Corporation Commission's July 19 open meeting.
The North Carolina Utilities Commission rejected both a rate request of $700 million annually and Duke Energy's Power/Forward Carolinas grid modernization initiative.
The much-anticipated clarification allows developers to qualify for a 30% tax credit if they can prove that they invested at least 5% of the total expected installation costs by the end of 2019.
In February, the Kauai Island Utility Cooperative board updated the co-op's goal to 70% renewables by 2030. KIUC expects to reach it by the end of 2019.
Getting the robots from the testing stage to reality depends on a confluence of new technologies, including 5G, IoT installation and autonomous vehicle tech.
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