California roofs set to become money makers
California has joined Vermont and Michigan in establishing a state-wide feed-in tariff. The legislation was signed into law last night by Governor Arnold Schwarzenegger.
Schwarzenegger actually signed two separate bills. One is called AB 920, and it mandates that state utilities purchase the electricity generated by individually-owned solar panels.
The other bill – SB 32 — expands the feed-in tariffs for large-scale solar power facilities that generate between 1.5 and 3 megawatts. The Vermont feed-in legislation is actually more ambitious, as it caps its tariffs for clean energy (not just solar) generation of up to 50 megawatts. The California Public Utility Commission (CPUC) is considering expanding the feed-in system to include solar panels generating up to 20 megawatts of electricity.
Also, this morning Schwarzenegger and Interior Secretary Ken Salazar signed an MOU that will streamline siting and approval of renewable energy facilities on public lands, reports the Los Angeles Times’. See, for official press release. The agreement will seek to expedite approval for more than 30 solar, wind, and geothermal projects by the end of 2010. Those projects could be eligible for up to $15 billion in federal funding.
Photo Credit: Flickr, Peter Bennett