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California Solar Incentives - Renewable Portfolio Standard Program
by Rich Hessler Solar on Apr 28, 2010
Virtually all utility customers have the opportunity to benefit from renewable energy incentives. This creates green jobs in the service sector. However, California also has production incentives in place to meet the renewable energy goals set in the Renewables Portfolio Standard (RPS) program. These incentives directly create jobs in the production sector.
California solar production incentives come in the form of feed-in tariffs and the purchase of Solar Renewable Energy Credits (SRECs).
The California Public Utilities Commission (CPUC) has made feed-in tariffs available to small facilities with renewable generating capacity for the production of up to 500MW. Feed-in tariffs will be based on the CPUC market price referent (MPR) and time-of-use factors. A single customer-generator can enter into a 10, 15, or 20 year standard contract to sell renewable energy to utility companies up to 3MW.
Utilities offering California feed-in tariffs include Southern...Read More >>
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