California to cap solar incentives, prod homes into un-green pastures

Conservationists are aiming to lower incentives for solar panels in California in an effort to stem the flow of money that’s pouring into Silicon Valley and other tech-rich regions. California environmentalists want to cap…

California to cap solar incentives, prod homes into un-green pastures

Conservationists are aiming to lower incentives for solar panels in California in an effort to stem the flow of money that’s pouring into Silicon Valley and other tech-rich regions.

California environmentalists want to cap subsidies for rooftop solar installations at about $180 million a year beginning next year, according to the San Jose Mercury News.

Instead, the state is establishing a simpler, more standard policy for what it expects homeowners and businesses to get for their solar installations.

The plan could also allow limits to be applied for wind power, if regulators feel that may be needed to ease concerns of some politicians, who want to require ever more renewable energy, the Mercury News reported.

Robert Stavins, a solar energy policy professor at Harvard University, said it’s a good idea to have tight regulations on the goals solar producers are looking to reach.

“It makes sense if you’re a developer to have a minimum set for the project and ideally you need it,” he said. “But developers are going to be very anxious to avoid any requirements.”

The plan has not yet been approved by state regulators.

Leave a Comment