photo: Matt Montagne
It's no secret that until we've got a price on carbon and all the hidden subsidies keeping the price of fossil fuels down get eliminated, that I'm a fan of feed-in tariffs as the best way to promote adoption of renewable energy. Which is why I hailed Gainesville, Florida's ground-breaking solar power feed-in tariff when it was recently passed. Now, comes word that the the program has hit its 4 MW cap for 2009, before the program officially even begins:Gainesville Regional Utilities sends word it has already received completed applications for the maximum power capacity allotted for in the program for this year. As of March 1 applications may still be submitted for participation in 2010.
Under the solar feed-in tariff program, electricity generated by participants' solar PV systems will be bought Gainesville Regional Utilities at a fixed rate for the next 20 years. This rate is set at $0.32 per kilowatt-hour for customers signing up in the first two years of the program. In 2011 market data will be reevaluated and a new rate set.
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