State's $3.4 billion solar power bill slated for August vote
East Bay Business Times - July 21, 2006
by Mavis Scanlon
California's solar power industry is one step closer to a $3.4 billion windfall, with only one vote to go.
In January, the California Public Utilities Commission created the California Solar Initiative. The 10-year, $3.4 billion program, the largest solar program in the country, was designed to make solar power a mainstream option for Californians.
A bill codifying the program and making statutory changes to expand the scope of the initiative, is wending its way through the Legislature, and will next go to the Senate energy committee in early August for a vote on amendments made by the Assembly in June. In the latest version of the bill, SB 1, amendments important to the solar industry relating to solar thermal have been reinstated.
The most recent amendments allocate up to $100.8 million in incentives for solar thermal and solar water heating devices, which save fossil fuel, reduce utility costs and produce clean energy.
In previous iterations of the bill, introduced by Sen. Kevin Murray, D-Los Angeles, provisions for solar thermal were taken out.
"It's a major positive development" for the solar industry, said Les Nelson, executive director of the California Solar Energy Industries Association.
Solar thermal heating systems generally are less expensive than solar electric systems. That means a home or business owner who doesn't have $10,000 or more to spend on solar electric can make a smaller investment - $2,000 to $4,000 - and still realize the benefits.
"It greatly widens the market base," said Gary Gerber, president of solar installation company Sun Light & Power Co. in Berkeley."
firstname.lastname@example.org | 925-598-1405
Tuesday, July 25, 2006
- ► 2007 (799)
- Golf Tourney Set
- Brewer Helps Local Teachers
- California Gets Cleaner Diesel Ahead of Schedule
- New Travis Commander Focuses on What's Important
- Expanded Port of Oakland draws major 10-year deal
- Genentech Invests in Inotek's Inhibitors
- New sewer plant will allow Rio Vista to expand
- Suisun City Council approves plan to build housing...
- New homes reflect area's history, style Fitting in...
- Home prices inch up; rents rise, sales ebb - Solan...
- Vallejo school district to call M.I. building home...
- Silicon Valley adds 4,000 new jobs in June
- East Bay unemployment up in June to 4.7 percent fr...
- Solar powering up
- SCC starts unique alifornia Insurance Careers Prog...
- Trilogy's impact on Rio Vist
- State's $3.4 billion solar power bill slated for A...
- Major profit for Dixon-based First Northern Commun...
- Open for Business
- Solano County Sees Boost in Construction Jobs in J...
- Solano County Gets Award of Excellence for Annual ...
- Together for tourism - Solano set to unveil '80 on...
- Home sales decline but prices don't
- East Bay continues to be a jobs powerhouse
- Dixon, Davis get big boost for greenbelt
- JENSEN PRECAST OPENS FIFTH CALIFORNIA FACILITY IN ...
- School Progress
- Tourism Campaign Announced
- Nut Tree Stores Set to Open
- The Fair is Coming to Town!
- Solano Gets New Tourism Direction
- Violent crime drops in Solano County
- STA OK's plan for transit expenditures
- Dixon gets OK to annex Milk Farm property
- Property values in Solano County grew at a record ...
- SCC works to keep Solano County students local
- Vacaville adopts budget, ups public safety funds
- UC Davis hires stem cell expert for new program
- First Nut Tree Store May Open Next Week
- Hurdle Scaled in Dixon
- DOWNTOWN TO STEP UP
- Solano's Grand Stands
- Boat Operators Eye Suisun City
- Tourism on Tap
- A Watering Hole for Businesses
- ▼ July (45)
- ► 2005 (627)
- ► 2004 (125)