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No Utility Incentives? No Problem: How To Get Returns From Your PV System

No Utility Incentives? No Problem: How To Get Returns From Your PV System | Sustainable Energy | Scoop.it

In some areas, the best incentive for investing in a residential solar power system may come from the local utility. On top of federal tax credits, improved resale value, and various state incentives, some consumers can benefit with additional credit from the local utility when they are able to sell back power they generate with a PV solar energy system. This arrangement not only saves them more money, it also accelerates system payback and return on investment.


But what happens if or when these incentives are limited or even ended? If a consumer has a simple grid-tied system, he doesn’t have many options if the utility won’t take the power back; he has to either use it or lose it. But if a grid-interactive system with energy storage is installed with a smarter inverter/charger at the heart of it, the consumer has a lot more control over his energy destiny with technology that can mitigate or offset the need to purchase utility power.

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DECC proposes Feed-in Tariff for energy efficiency

DECC proposes Feed-in Tariff for energy efficiency | Sustainable Energy | Scoop.it
Payments for each kilowatt-hour saved by anyone installing energy efficiency measures have been put forward by the Department of Energy and Climate Change.

Working in a similar way to the Feed-in Tariff, homeowners would be paid per unit of electricity they do not use (negawatts) in a bid to reduce our demand for energy.

DECC estimates that this would be cheaper than paying for increased generation capacity and that a realistic reduction target of 26 percent could be expected by 2030, saving £4bn.
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Can the Solar Panel Industry Survive Without the Feed In Tariff?

The cost of installing even the best solar panels has fallen quite drastically since the introduction of the FIT and it continues to fall. Simultaneously electricity prices are continuing to rise, thus increasing the potential savings. The hope is that by the end of the FIT scheme the amount that can be saved in electricity costs during the life of a solar panel will be greater than the installation cost, thus rendering it cost effective to install. This may be achieved however it may not be the end of the story. There are a couple of important factors against the the argument that the solar industry can survive post-FIT.
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A successful story of solar stimulus

A successful story of solar stimulus | Sustainable Energy | Scoop.it

A recent front-page story in the Cape Cod Times uncovered a situation where the American recovery and Reinvestment Act (the ARRA – remember that?) has been successful.  And since it involves sustainability and since the words “project manager” and “jobs” were featured heavily throughout the story, we thought we’d share much of it with you here.


Via UtilityTree
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Aji Black Stone's comment, September 26, 2012 8:50 AM
the feature of solar panel getting really brighter even mobile phone charger become solar
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Motivating Energy Conservation Behavior without Monetary Incentives

In theory, there are several basic economic and psychological motivators that motivate people to be more sustainable. It is easy assume that providing people with information that using less energy is more cost-effective would motivate a shift toward conservation. However, Fischlein observed that there is often an “energy-efficiency gap,” or a difference between what is economically efficient and what actually gets done. Fischlein stated that “more information alone is not enough,” as increasing awareness has been shown to increase knowledge while motivating little behavioral change.

According to Fischlein, even raising the price of energy might not promote a decrease in consumption because energy exhibits low price elasticity. She also observed “psychological licensing” related to energy use, which effectively means that people lose a sense of moral responsibility for their actions because they have to pay to consume. Motivating altruistic conservation is also difficult because energy use is not visible, so people cannot see the impact of their actions in any direct way.

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Nashua nonprofit looks to do energy upgrades for businesses - Nashua Telegraph

“It has been hard getting commercial products going, so we have upped the incentives,” said Bob Eldredge, Nashua community manager for BetterBuildings, a nonprofit created by federal stimulus to spur energy efficiency in specific cities around the country by providing expertise and guidance, partnering with local firms and banks to provide services.

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UK Survey – More Would Invest In Solar If They Knew The Financial Benefits

UK Survey – More Would Invest In Solar If They Knew The Financial Benefits | Sustainable Energy | Scoop.it
The real picture — solar PV power is a good venture to invest in, surveys predict. However, there isn’t much publicity of what may be the actual financial benefits, so many are left simply guessing what they could save… if they are even asked or ask themselves. And, apparently, the large majority of citizens don’t realize how much money they could save if they installed a solar power system on their roof.
Hans De Keulenaer's insight:

Good implementation of policy is as important as good policy design.

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Energy-efficiency incentives can save billions for Arizona

Energy-efficiency incentives can save billions for Arizona | Sustainable Energy | Scoop.it
A report presented to Arizona energy officials by the Southwest Energy Efficiency Project (SWEEP) said the state’s utilities already have programs that can be expanded to achieve the forecast savings.

“We’re suggesting by expanding those programs, investing more in energy efficiency and bringing in more participants, the net economic benefits from expanding programs out to 2020, would be over $7 billion,” said Howard Geller, author of the report and SWEEP’s executive director and founder.

The report found that every dollar invested in energy efficiency returns more than $2 in savings on business and household utility bills.
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Africa: 'Urgent Action' Needed on Clean Development Mechanism

CDM allows developing economies to earn credits for projects that reduce greenhouse gas emissions, such as renewable energy production. These credits, known as Certified Emission Reductions (CERs), are equivalent to one tonne of carbon dioxide and can be traded globally, so that industrialised countries can meet their emission-reduction targets under the Kyoto Protocol.

But the CDM is now under threat from a collapse in the carbon market.
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UK announces new feed-in tariffs for small scale renewables

UK announces new feed-in tariffs for small scale renewables | Sustainable Energy | Scoop.it
The UK government has announced new feed-in tariffs (FITs) for renewable heat and small-scale renewable electricity technologies (not including solar PV). The changes will affect tariffs for all newly eligible FIT technologies from 1 December.
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Feed-in Tariffs in Ukraine ranking among the highest in Europe

Ukraine seeks to reduce its current dependency on gas imports. To address the issue, a number of initiatives are being taken which are aimed at boosting energy efficiency, introducing energy saving technologies and renewable energy resources. The feed-in tariffs effective since April 2009, rank among the highest in Europe, which considering the saturated European market, makes Ukraine especially luring for the foreign investors in the field. As forecasted by the government, in the next 3-4 years Ukraine will be able to attract about 3 billion dollars of private investments for the development of renewable energy production.

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California may have to return energy-efficiency federal funding in 4 months - 89.3 KPCC

California may have to return energy-efficiency federal funding in 4 months - 89.3 KPCC | Sustainable Energy | Scoop.it

California may have to return energy-efficiency federal funding in 4 months. According to a recent state audit, California is not spending enough money — at least, not on energy reforms.

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