HVAC Breaking News

June 20, 2011: DOE Offers $27 Million to Reduce Costs of Solar Energy Projects

June 20, 2011
/ Print / Reprints /
ShareMore
/ Text Size+

WASHINGTON - The U.S. Department of Energy (DOE) announced the availability of more than $27 million in new funding to help reduce the non-hardware costs of solar energy projects as part of its SunShot Initiative. The funding will support a $12.5 million Rooftop Solar challenge to encourage cities and counties to compete to streamline and digitize permitting processes. Application deadline is August 31 for this program. New funding will also include $15 million for advancing innovations in information technology systems, local zoning and building codes and regulations, and more. Described as removing market barriers, these process improvements are being pursued to help increase U.S. competitiveness in the global solar industry. Application deadline is June 23 for this program.

Both funding opportunities focus on reducing “non-hardware balance-of-system” costs, which generally refer to the costs of installing solar systems that are not associated with the solar panels, mounting hardware, electronics, and other hardware. These “soft costs,” including the capital required to pay for siting, permitting, and installing a solar energy system, as well as the cost of connecting it to the grid, can represent up to 40 percent of the total cost of the system. Navigating the differing and expensive administrative processes of various towns, cities, and counties across the nation, and securing financing for projects, can be obstacles for homeowners and developers looking to invest in solar energy. Funded projects will help standardize some processes, cut upfront fees and paperwork, and reduce the overall costs associated with permitting and installation, making it easier and less expensive for homeowners, businesses, and their local communities to deploy solar energy.

For more information on the SunShot Initiative, visit www1.eere.energy.gov/solar/sunshot/.

Publication date: 06/20/2011

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 MCAA Annual Convention

Scenes from the 2014 MCAA Annual Convention in Scottsdale, Ariz.

Podcasts

Kyle Gargaro, editor-in-chief of The NEWS, hosted the 2014 ACCA CEO Forum. At the event, six well-known, highly respected company executives, Gary Michel, Ingersoll Rand/Trane; Chris Nelson, Carrier Corp.; Chris Peel, Rheem Mfg. Co.; Rod Rushing, Johnson Controls; Brent Schroeder, Emerson Climate Technologies; and Doug Young, Lennox; provided individual industry outlooks and fielded questions directly from attending contractors. Listen to the entire event on the NEWSMakers podcast. Posted on April 14.

More Podcasts

THE MAGAZINE

ACHRNEWS

NEWS 04-14-14 cover

2014 April 14

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

SERVICE CALLS POLL

Which statement on service calls best applies to your business?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con