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Recapture Rapture: Can Revised Tax Credit Policies Attract More Capital to Solar? Michael Mendelsohn’s picture

For developers trying to monetize the federal tax benefits for a given project, finding a tax equity partner can be a lonely process. Tax equity investors consist of a limited pool of suitors—investment bankers and a few other firms—who can tolerate the array of risks associated with this type of investment, including: Current and future tax liability (that enables use of a project's tax credits), The creditworthiness of the power purchaser A shifting tax policy environment [1]. Investors also tend to be put off by IRS rules that limit the resale of solar assets. Investors claiming the investment tax credit…
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Key Massachusetts senators open to compromise on financial credits for solar energy developers
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Key Massachusetts senators open to compromise on financial credits for solar energy developers

State Sen. Ben Downing, D-Pittsfield, the top Senator on energy policy, said today that he sees "a lot of common ground and room for movement" on the state's policy on solar subsidies, as competing proposals are pending before the state Legislature. [adinserter block="1"] One of the most urgent, and controversial, energy-related issues before the Legislature today is what to do about solar net metering. A cap on the financial credits given to solar energy developers for the energy they generate is currently stalling Massachusetts solar projects. Solar developers want the cap to be lifted immediately. Utilities worry that solar subsidies are raising…
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Sunny San Diego fights new utility charges on rooftop solar
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Sunny San Diego fights new utility charges on rooftop solar

The city of San Diego said changes to rooftop solar tariffs proposed by California utilities would hamper the renewable energy market and interfere with local plans to address climate change. The city, in filings Tuesday with state utility regulators, took issue with a request from San Diego Gas & Electric to add a monthly "grid connection" fee for solar customers as well as special charges based on peak periodic energy use, regardless of overall monthly electricity consumption. California utility regulators are reconsidering the current "net metering" tariff that provides bill credits for solar energy at the full retail electricity rate.…
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Where Does Trump Stand on Solar?
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Where Does Trump Stand on Solar?

What would a Trump presidency mean to the US solar industry? Since Solar Tribune published the “Solar Scorecard” of 2016 presidential contenders in January, The Republican field has grown even larger, while the field has narrowed on the Democrat’s side of the race. In fact, the Republican side is becoming so crowded that it takes not one, but a series of debates to get them all on stage. Similarly, it will take a series of articles to cover the solar stances of all of the candidates. As of this writing, Donald Trump continues to be the frontrunner in the Republican…
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The Solar Industry Needs Standards for System Production Estimates
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The Solar Industry Needs Standards for System Production Estimates

We need to end the arm-wrestling match over solar production estimates, argues Soltage’s Steve Goodbody. America’s solar industry is wringing all possible efficiencies out of the project development process ahead of the 2016 federal Investment Tax Credit expiration. But are we missing an obvious hurdle? Reliable project production estimates -- predicting how much electricity photovoltaic systems will produce annually -- are critical because they determine developer, seller and customer value. But what should be a simple process of estimating and agreeing upon production often turns into a frustrating and time-consuming “production estimate arm-wrestle” conflict during transactions. Read the rest of the article at Green…
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