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Since
1978, a federal law by the name of PURPA (Public Utilities Policy
Regulation Act) has required all publicly owned electric utilities
to buy power produced by its customers. However, PURPA only requires
the utilities to pay the "wholesale avoided cost," or in plain terms,
the rate that they pay to other utilities when they buy power. Not
surprisingly, this rate is far lower than the retail rate that normal
customers (you and 1) are asked to pay. In some cases, they pay
only about 25% of what they charge their customers.
Recently,
many states have enacted "Net Metering Laws." This means that they
are required to offset the customer's bill at the full retail rate
for power fed back to the utility. While all state programs accept
solar power, many also accept wind and other renewables. The following
is a list of states that currently have net metering laws: Arizona,
California, Colorado, Connecticut, Hawaii (pending), Idaho, Indiana,
lowa, Illinois (pending), Maine, Maryland, Massachusetts, Minnesota,
Nebraska (pending), Nevada, New Hampshire, New Mexico, New York,
North Dakota, Oklahoma, Oregon (pending), Pennsylvania, Rhode Island,
Texas, Vermont (pending), Washington, and Wisconsin. Give us a call
for more detailed information concerning your state, or for an informative
case study on one of our recent net metering installations.
Utility
Rebates and Tax Credits now Available- Effective this year, California
customers of PG&E, SDG&E, and SoCal Edison qualify for a rebate
of up to $3/ watt on PV arrays and wind generators. $54 million
has been budgeted for the next five years. The purpose of this program
is to provide financial incentives for utility customers who produce
renewable forms of electricity. Systems must use PV modules, wind
generators and inverters approved by the California Energy Commission
(most of the equipment that we sell is on the list) for use on this
program. For more information, call 800-555-7794.
Colorado
has recently enacted a similar program. Rebates are capped at $2500
for PV and $1000 for solar hot water systems. The program will expire
on June 15, 1999, or when the funds run out, whichever comes first.
For more information, call X0()-633-9764.
Recently
New York has passed an income tax credit of 25% of the cost of equipment
and installation of residential PV systems not to exceed $1.50 per
watt of rated PV capacity. For more information, call William Valentino
at 518- 862 1090.
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