October 2, 2012

The Solar Market?

FROM-Minneapolis Star Tribune

Xcel must retain solar subsidy
State regulators order the electric utility to continue supporting Minnesota's small-but-growing solar industry.


Minnesota regulators on Monday ordered Xcel Energy to retain a popular program that subsidizes the small-scale solar-power projects of its customers. 
State Commerce Commissioner Mike Rothman decided that the Minneapolis-based utility must fund the Solar Rewards program at the current $5 million-a-year level for the next three years. 
The state's small-but-growing solar industry, especially installers, had feared a drop in orders if the program ended. So far, it has helped 560 homeowners and businesses afford solar panel systems since 2010....
(2 years @ $5 million a year=$10 million ratepayers dollars divided by 560 customers=$17,857.00  for every subsidized customer.)
...Xcel wanted to drop Solar Rewards from its broader conservation program after 2013, saying it was not a good deal for the ratepayers, who foot the bill. The utility also argued that solar generation doesn't belong in a conservation program that aims to reduce electricity use by 1.5 percent each year.

1 comment:

  1. You may be qualified for a new government solar rebate program.
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