A feed-in tariff, or FiT, is designed as an incentive to energy producers to develop renewable energy sources, and usually consists of a rate, fixed by legislation, that guarantees higher returns than conventional energy sources. For example, if energy from fossil fuel generation were billed to customers 0.10 cents per kilowatt hour, energy from renewables [...]
A recent analysis by Alexander von Welczeck, the CEO of Mill Valley, California-based Solar Power Partners Inc., the third largest solar energy developer in the United States, highlights the importance of power purchase agreements, or PPAs, in driving the solar energy industry to new heights. As Welczeck points out, the current recession has had an [...]
A Western Renewable Energy Zones (WREZ) Phase 1 Report lists 54 locations between British Columbia in the north and New Mexico in the south that the Western Governor’s Association (WGA) and various energy groups (including renewable groups) pinpoint as prime locations for the development of solar, wind, geothermal, hydro and biomass projects. It doesn’t list [...]
Here’s a great comment I’d like to share with you all. One of our readers, Matt, was able to give us a complete breakdown of not only his experience with solar but its full fiscal benefits realized by owning the system. To my surprise I was amazed at how fast the system paid itself [...]
