Posts Tagged ‘solar energy incentive programs’

Is Solar Energy Back on the Agenda?

Friday, June 25th, 2010

“The time to embrace a clean energy future is now,” said the President during his talk on the BP oil spill earlier this month. For much of the past year, the nation’s energy policy has played second fiddle to , well, everything else, but primarily health care and most recently financial reform. Deadlines have come and gone, and with the mid-terms elections around the corner, it is hard to see how Obama will pick a rabbit out of the hat and push the energy agenda forward.
What is clear is that as states and local governments are cutting back on their solar energy programs, just at the time when the solar industry needs this support the most. The Maryland program cut its rebate program with only a few days notice. Take a look at our SolarTown news stories to read about some of the states that are throwing their renewable energy programs to the wind in an effort to close budget gaps.

Solar Economic Incentives: Fragile as the Wind

Friday, March 5th, 2010

The solar industry applauded when the 30% federal tax credit was extended to 2016 and the legislation lifted the cap. The reason of course is that for all intents and purposes, the solar industry is just emerging and needs substantial support, and the stability in the incentives provides this support. But now one important part of this program, known as the treasury grant program, has been placed in jeopardy. Four senators released a letter in which they urged the Obama Administration to suspend this program until the legislation could be amended to allow only for clean energy projects “that preserve and create jobs in the United States.” You can read the full text of the letter here. The abrupt fits and starts of incentive programs, and not just this federal program, only serve to stall the march to solar.

Financing, Incentives and the Future Forward for Solar

Friday, February 5th, 2010

The Renewable Energy Technology Conference (RETECH 2010) here in Washington, D.C. convened over the last couple of days. I am sure that there will be much written about the conference that concentrated on strategic issues, finance and incentives for renewable energy. The Conference highlighted many of the common challenges faced by renewable energy projects, regardless of whether they are solar PV, biomass, wind or geothermal. There were some recurrent themes at many of the sessions that I attended on federal and state incentive programs, local programs, and financing of solar energy products.