Topic: Legislation

Legislation Articles

Researchers Analyze the Recharged Solar Tax Credit

Just when it seemed as if the United States solar investment tax credit (ITC) was running out of energy, federal legislators charged it up for another few years last Friday. Barring other changes, by the time the credit winds down gradually, it will have put the national solar industry on a smooth glide toward a profitable future. The credit applies to both residential and commercial projects. It will taper from 30 percent through 2019 to 26 percent through 2020, 22 percent until 2022, and 10 percent thereafter.

A Tale of Two Green Bank Bills

Guess which part of the United States is so motivated to put a green bank in place that two legislative bills are competing to do the honors? It’s Massachusetts, which is considering two proposed green banks that would be very different from one another. “I’m hopeful,” said State Rep. Paul Mark (D-Peru), sponsor of House Bill 3532 . “If it doesn’t pass, we’ll file it again next session.” Mark spoke to a packed room at Western Mass Green Consortium’s Holiday Season Green Night Party on Dec. 9 in Northampton. He said he has sent a letter of support for the...

Will California’s Successor Tariff Discourage New Residential Solar?

Solar installers, residential customers, utilities, and a host of other stakeholders in the residential solar market are waiting for the California Public Utilities Commission’s (CPUC) Net Energy Metering successor tariff (NEM 2.0), due by the end of 2015. The issue at hand is whether or not, and to what extent, those without solar are subsidizing those with solar by paying for grid upkeep and modernization. Because utilities fall on one side of the spectrum and nearly everyone else falls on the other, there is no love lost between stakeholders in the industry.

Incentives Prime the Pump for the Clean Power Plan

The Clean Energy Incentive Program (CEIP) will tap financial resources to help prepare markets for the Clean Power Plan (CPP) in the United States. This two-year voluntary matching fund program will incentivize solar and wind energy in any states that opt into it. It also offers extra leverage for energy efficiency in low-income communities. Clean Energy Finance Forum spoke with Joe Goffman, associate assistant administrator at the EPA, who explained the program, its vision, and its objectives.

Citi Suggests Global Climate Investment Goals

On the surface, Citi’s recommendations of global climate investment goals, published in August in the report “Energy Darwinism II: Why a Low Carbon Future Doesn’t Have to Cost the Earth,” look deceptively simple. But a closer look at the patchwork of international regulations, legislation, and carbon markets reveals that financing clean energy in developing nations may be quite challenging to accomplish.

Multifamily Energy-Efficiency Bill May Receive Federal Approval

Before leaving for summer recess, the United States House of Representatives passed an innovative bipartisan energy-efficiency-finance bill that may change the landscape for resource efficiency in affordable multifamily housing. The Private Investment in Housing Act of 2015 authorizes the United States Department of Housing and Urban Development to initiate a pay-for-success demonstration project that would provide energy- and water-efficiency retrofits for 20,000 units of government-supported multifamily affordable housing without any government funding.

Which Solar Investment Tax Credit Strategy Can Survive the Federal Political Climate?

What are the political options the United States solar industry faces as it seeks to avert the impact of the phase-out of the federal investment tax credit (ITC)? A policy paper produced by researchers at The George Washington University, “Softer Solar Landings: Options to Avoid the Investment Tax Credit Cliff,” explores four potential alternatives to the current plan and assesses their political viability.

Value-of-Solar Study Proposed for Massachusetts

At a public event in Boston on June 11 called "Designing Solar’s Value: A Stakeholder’s Forum," speakers outlined an ambitious proposal to shift the entire framework of solar financing in Massachusetts to a value-of-solar model. The newly founded Northeast Solar Energy Market Coalition (NESEMC) cosponsored the event, which was hosted by Solar Energy Business Association of New England (SEBANE).

Political Capital Needed for Clean Energy Finance to Flourish

Private-sector investment in clean energy continues to grow as costs come down and free-market dynamics begin to replace government subsidies. But this influx of financial capital is still not enough, according to speakers at “Creative Power: New Models for Growing Clean Energy Investment,” a discussion held at Bloomberg L.P. in Manhattan on Sept. 20 as part of New York Climate Week.