Long-term clean energy contracting for federal agencies helps to create private-sector jobs, shift federal energy use away from foreign sources, hedge against rises in electricity rates and reduce federal electricity expenses.
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This factsheet provides some examples of solar projects financed through long-term clean energy contracts that are reducing federal and state electricity bills.
This fact sheet highlights some statistics from a report by the University of Tennessee Howard H. Baker Center for Public Policy on federal energy incentives. The report shows that federal support for solar energy is consistent with support for traditional energy sources.
The Bureau of Land Management's Programmatic Environmental Impact Statement will guide the development of solar energy generation facilities on public lands.
The Solyndra bankruptcy is not indicative of the health of the U.S. solar industry and as with any competitive and dynamic market some companies will prosper and others will fail