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California Has Dealt a Blow to Renewable Energy, Some Businesses Say

·1 min

Many businesses are moving out of California or downsizing their operations due to a significant reduction in incentives for homeowners to install rooftop solar panels. This decision by the state has prompted companies to reconsider their investments in renewable energy. The lack of incentives has made it less financially attractive for homeowners to adopt solar power, leading to a decline in demand for solar installations. As a result, companies are facing challenges in maintaining their presence and profitability in the state.