Martifer Solar fully supports feed-in tariffs and think they are a key component in making the United States the world’s leader in solar energy. The New York Times today reports on recent developments. Click here for the entire article.
“Reps. Jay Inslee of Washington and Bill Delahunt of Massachusetts are preparing a bill that would require utilities to purchase small-scale renewable energy from developers at rates equal to the cost of production plus a premium. The so-called feed-in tariffs proposal would set European-style guarantees for investors that many credit for a recent boom in solar energy in Germany.
“We have some brilliant Americans with brilliant business plans with brilliant technologies, but they don’t have financing,” Inslee said at a briefing last week on Capitol Hill. “The charm of the feed-in tariff is solid, take-it-to-the-bank security and confidence for the investing community.”
Proponents say feed-in tariffs can be more effective than renewable-energy standards, such as the one included in the House climate bill by Democrats Henry Waxman of California and Ed Markey of Massachusetts, because they offer staggered rate incentives for each energy source based on current production costs. The initial rate that utilities would pay for solar energy, for example, would be higher than payments for less-expensive wind energy.”
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Federal tax incentives and state rebates can take up to 50% off the upfront cost of your PV system. As more homeowners install solar, the state rebates are decreasing. To maximize your full financial benefits and to secure a low electricity rate, act now.
