Massachusetts Solar Energy rebate program hits the wall
If you go to his website, the Massachusetts Renewable Energy Trust, the state solar rebate program managed (Commonwealth Solar rebate program) simply says that it has received enough applications to reach the state of the current goal of 27 megawatts of installed photovoltaic (PV) Power by 2012.
The program, launched in January 2008, is an expression of ultimate Governor Deval Patrick's, 250 megawatts of solar power by 2017. But with slightly more than seven years, and 223 megawatts to go, it seems odd and regrettable that the program has no money anymore, so many candidates not approved in stitch on the hook and have installed solar systems (or for which they signed installation contracts).
This effectively ends the States Dollars 68-million program can be arranged for today, probably until new funding from the legislature. The program was initially through a $ 4-per-month fee Massachusetts customer electricity bills and sanctions, ranging from utilities to finance a deficit in terms of paying the electricity produced from renewable energy sources.
That is the money is all gone be reassuring news for solar companies in manufacturing and solar panel installers, proving once again that solar energy instead of an energy fad doomed to fail actually moving into the mainstream of energy production is nationwide. It is very bad news for those who wish to participate in solar energy.
The financing was obviously a failure October 6 Note that the state planning discounts that spurred an influx of so many applications in a single week, are driven to reduce the remaining $ 26 million into the fund was exhausted, after Massachusetts energy czar Philip Giudice.
Giudici called it a "surprise" happens, as it was at a time when the state demanded the consumer solar energy. get for homeowners and small businesses, a portion of the funding for solar installations – The prices are still too high for the average American – the announcement was more like a heartache.
At the time of the fund failed, the government Energy executives are looking to provide incentives for renewable energy credits, or REC switch. Now, with the sun's energy fund 12 million U.S. dollars over budget and 142 new solar companies in the state this year, look through the state capital of solar energy incentive customers, spell the collapse of the incentive very grim news for many.
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Massachusetts Renewable Energy Trust director Carter Wall has said that some of the state funds can ARRA for the solar panel to strengthen incentives to as many candidates to be related as possible to honor and promised that the next round of financing to be approved by the legislature close match. Since the legislature is in 23 November by the first of next year is passed, the chances of something in the meantime additional astronomical.
Homeowners and small businesses are not the only ones complaining. Last week sent Yarmouth Public Works Director George Allaire an angry letter to Guidici and said that Power Purchase Agreements – to keep critical the city waste treatment plant viable – must now be amended or repealed, unless someone could give buyers what kind of incentives on the budgeting Systems to tell plan costs and financial payback.
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Davos Annual Meeting 2010 – The US Legislative Agenda: A Global Perspective
