13 Feb '12, 3pm

Feed-In Tariff for PV in Palo Alto, Calif. Imminent

What do Germany, Italy, Gainesville, Florida, Sacramento, California and Palo Alto, California have in common? Well, as of March 5, all of those places will have solar feed-in tariffs (FIT). That's if Palo Alto's City Council passes the feed-in-tariff pilot program it has developed over the last few quarters. It's a pilot program for the City of Palo Alto Utilities (CPAU) -- the first year is capped at 4 megawatts and meant for medium-sized commercial rooftops with a minimum size of 50 kilowatts per installation. The FIT is applicable to solar only, although other renewable energy sources could be considered later on. The city will pay $0.14 per kilowatt-hour for 20-year contracts. Palo Alto is arguably the heart of Silicon Valley, home to dozens of venture capital firms and thousands of new companies armed with a startup and innovation culture fueled by its immediate neig...

Full article: http://www.greentechmedia.com/articles/read/Feed-in-Tarif...

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