ROCKFORD, Minn. -- David Schmidt has been intrigued by the idea of generating power from the sun for a long time, but he had never taken the next step.
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In the cleantech sector, pretty much everyone knows the acronym RPS, for Renewable Portfolio Standards. Since the first RPS policy in the U.S., implemented in Iowa in the late 1990s, 30 states have passed similar policies to promote the installation of renewable energy projects and expedite penetration (overcoming the ambivalence or outright opposition of utilities) of renewable energy in electric power supply.
"For most of these states, they're looking at it for economic development and job creation," Ghassemi said, underscoring the reasons why solutions such as cost incentives and utility quotas haven't helped states like New Mexico catch up to California and New Jersey, an unlikely solar leader.
The big question for any homeowner considering installing solar power is a simple one: How quickly will the system pay for itself?
The short answer: It depends on where you live.
Residents here probably won't notice that their water and sewage treatment systems will soon be powered by fields of solar panels but a project to convert the plants is nearing completion.
Chevron representatives pitched the project, which, they said, could net the district more than $2 million in rebates during the next five years, as well as an estimated $700,000 annually in savings on utility bills.
El Paso Electric proposed a rider last month that would impose a substantial penalty for solar-owning customers in its service territory
While airlines are experimenting with biofuels to make the skies greener, the Chattanooga airport in Tennessee is focusing on greening operations on the ground.
House Bill No. 2417 (HB 2417) will limit the availability of the Hawaii Renewable Energy Technologies Income Tax Credit from one credit per system to one credit per property for both residential and commercial projects.
The electric utility serving northeastern and central Minnesota has added new incentives for customers who install solar-electric power arrays, including a made-in-Minnesota bonus.