Dec. 26, 2008: Los Angeles Pursues 1,300 Megawatts of Solar Power by 2020
Residential customers will be offered expanded rebates, including free systems for some customers in low-income neighborhoods, and the city may offer loans that can be repaid through property taxes. Residential customers that can’t afford their own solar power system will be able to buy shares of an LADWP solar power plant through a new program called “SunShares.” Combined, these programs could yield another 230 MW of solar power by 2020. The city also intends to institute a feed-in tariff, which would allow solar developers throughout the city to sell power directly to LADWP under a long-term contract. The feed-in tariff is expected to yield another 150 MW of solar power by 2016.
Publication date: 12/22/2008