14 Apr '13, 2am

California Initiative End Won’t Stop Solar

» California Initiative End Won’t Stop Solar George W. Bush Goes Solar In Focus: Solar Art As the California Solar Initiative steps toward its end, at least one solar developer isn’t concerned about the impact fewer incentives could have on the industry. “The program was very, very well designed,” said Alan Lee, founder of EcoSolargy, a full-service solar development firm. “And right now we’re closing in on the end of it.” There’s just one or two more steps down before the statewide rebate program disappears, Lee said. And that’s OK. “They saw the drastic drop in the cost of solar panels coming and I have to give them credit for that,” Lee said. In the beginning the California rebates were more than $3 per installed watt. Now they’re down to 20 cents per watt. Some of the steps along the way were painful with 40- to 45-cent drops in the rebates. But what’s left won’t chang...

Full article: http://www.solarfeeds.com/california-initiative-end-wont-...

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