We hear it all the time: "A new solar energy plant has been built." Or, "A local utility company has entered into a solar power purchase agreement." Even, "More solar energy will be added to the electric grid." But the bottom line is, how does any of this affect how much you're going to have to pay for solar energy?
Southern California Edison (SCE) -- one of California's three major investor owned utilities (IOUs) -- is just about finished with construction of a 29,000-panel solar energy plant in Porterville, California that, when completed, should produce enough energy to power 4,300 homes in Porterville each year.