Title
Photovoltaics (PV) as an Eligible Measure in Residential PACE Programs: Benefits and Challenges
Document Type
Pamphlet
Publication Date
6-1-2010
Publication Title
Energy Analysis
Publisher
National Renewable Energy Laboratory
Publisher Location
Golden, CO
First page number:
1
Last page number:
4
Abstract
Property Assessed Clean Energy (PACE) financing is one of several new financial models broadening access to clean energy by addressing the barrier of initial capital cost. The majority of the PACE programs in the market today include PV as an eligible measure. PV appeals to homeowners as a way to reduce utility bills, self-generate sustainable power, increase energy independence and demonstrate a commitment to the environment. If substantial state incentives for PV exist, PV projects can be economic under PACE, especially when partnered with good net metering policies. At the same time, PV is expensive relative to other eligible measures with a return on investment horizon that might exceed program targets. This fact sheet reviews the benefits and potential challenges of including PV in PACE programs.
Controlled Subject
Energy consumption; Dwellings--Energy conservation--Economic aspects; Dwellings--Energy conservation--Government policy; Energy conservation--Government policy; Energy consumption; Photovoltaic power systems; Solar energy; Electric utilities
Disciplines
Energy Policy | Environmental Policy | Natural Resources and Conservation | Oil, Gas, and Energy
File Format
File Size
404 KB
Language
English
Rights
IN COPYRIGHT. For more information about this rights statement, please visit http://rightsstatements.org/vocab/InC/1.0/
Repository Citation
Coughlin, J.
(2010).
Photovoltaics (PV) as an Eligible Measure in Residential PACE Programs: Benefits and Challenges.
Energy Analysis
1-4.
Available at:
https://digitalscholarship.unlv.edu/renew_pubs/27
Included in
Energy Policy Commons, Environmental Policy Commons, Natural Resources and Conservation Commons, Oil, Gas, and Energy Commons