A reliance on tax-based incentives for renewable energy industry has led to boom-and-bust cycles for years, the Atlantic explains. The New Rules Project has several suggestions for solving this system of Byzantine incentives. Continue reading
Featured from Energy Page 50 of 88
Although not as comprehensive as a feed-in tariff, Washington State provides incentive payments for solar PV systems made in-state and now, for systems that are community owned on local government property. Continue reading
In the last 12 months a new and very promising strategy for local energy self-reliance has emerged, and it spreading like a prairie fire: direct public financing of energy efficiency and renewable energy investments by private businesses and households. ILSR has been closely tracking these developments and has brought together information about individual programs and the laws and ordinances that have enabled them (view our Map and see the various Municipal Energy Financing rules).
A strong and smart grid can be developed with distributed renewable energy, without need for new high-voltage transmission. This 6-minute video explains how. Continue reading
In August of 2008, the Long Island town of Babylon, New York approved the Long Island Green Homes (LIGH) program to finance energy efficiency improvements for any of the town’s 65,000 single-family homes to be paid back by the energy savings accrued from the improvements. Continue reading
Becoming the first jurisdiction to utilize authority granted by Colorado’s HB 08-1350, in April 2009 Boulder County and partner municipalities launched the ClimateSmart Loan Program, allowing commercial and residential property owners to obtain financing for renewable and/or energy efficiency improvements. Continue reading
On May 4th, 2009, Governors from 10 East Coast states sent a sign-on letter opposing the current House & Senate bills to expedite transmission line planning and siting. The states that signed onwere Virginia, Massachusetts, Rhode Island, Delaware, Maine, Maryland, New Hampshire, New Jersey, New York, and Vermont. Theletter argued against a greater federal subsidy for long-distance transmission, stating that the focus should be on more local renewable generation, such as off-shore wind along the East Coast.
In a nutshell: On paper, California could meet its targets, provided it can afford and build $12 billion in new transmission lines and higher electricity costs. In reality, the state probably won’t make the target, concludes the California Public Utilities Commission in its latest analysis of the state’s clean-energy quest…
In 2008, the City of Palm Desert became the first city in California to pursue public financing of distributed renewable energy and energy efficiency improvements under AB 811. Continue reading
In 2008, the Berkeley City Council approved an amendment to the Berkeley Municipal Code (BMC) and created the Special Tax Financing Law. The Special Tax Financing Law is the implementing legislation that allows for the creation of the Sustainable Energy Financing District, by which the City would help property owners finance solar installations and energy efficiency improvements by creating a special tax that is paid through their individual property tax bills. Continue reading