Solar energy in the United States is now big business, and for many it continues to be very good business. Beyond product manufacturers, system designers and installers, there is growing participation from lenders and institutions looking to facilitate financing for more buyers. This kind of financial participation is not only helping companies meet societal and […]
Executive Order Targets Pennsylvania Carbon Reduction
Governor’s signing adds to a year of progress. Early in 2019, Tom Wolfe, the governor of Pennsylvania signed a new executive order establishing the first statewide goal to reduce carbon pollution in the state. This is particularly important because only recently has the solar market grown significantly in the state. In fact, new policies are […]
A Look at Pennsylvania SRECs for 2019
The value of Pennsylvania SRECs is a little more difficult to predict lately. In the past few years, the trading value of 1 SREC (1,000 kWh of produced solar electricity) has been as low as $3. March 11, 2019 Update: Pennsylvania SRECs are trading at values that have peaked at around $40 recently, which is […]
A Rare Chance to Move Pennsylvania Forward
Earlier in July the Pennsylvania Department of Environmental Protection (DEP) issued a draft plan named “Finding Pennsylvania’s Solar Future”. It unveils 15 strategies to increase in-state solar power to 10 percent of electric generation by 2030. This level was selected because the DEP considered it to be achievable while also challenging the business-as-usual model for […]
Pennsylvania PUC Makes Solar Energy Law Clear
On April 19, 2018, the Pennsylvania Public Utility Commission (PUC) finally issued a ruling that cements the intent of the recently passed PA Solar Jobs Bill, know as Act 40. This in effect “closes the border” for PA’s valuable Solar Renewable Energy Credit (SREC) . As a result of this ruling, only Pennsylvania projects will […]
