Thursday, March 3, 2011

The CLEAN: Largest U.S. Rooftop Solar Feed-in Tariff Program Announced Allowing Homewoners to Sell Power Back

In the broadest show of support to date, a wide-ranging coalition of area stakeholders is calling on city leaders to back an innovative solar energy program proposed for the region.

The CLEAN (Clean Local Energy Accessible Now) LA proposal would allow businesses and residents to install solar panels on their roofs and sell the power generated back to the local utility, creating the largest program of its kind in the United States. Known in policy circles as a feed-in tariff, or FiT, the plan would create $500 million in local investment and create 900 high-paying jobs each year for the next five years, all with a minimal impact on ratepayers.

“Los Angeles ratepayers deserve to profit from the power that solar energy produces,” said LABC President Mary Leslie. “That’s why this unprecedented group of community leaders and industry stakeholders agree that renters and owners must be able to generate solar power and sell it back to the grid in LA.”

Source: Solar Thermal Magazine

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