Actions for Photovoltaics (PV) as an Eligible Measure in Residential PACE Programs [electronic resource] : Benefits and Challenges (Fact Sheet).

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Photovoltaics (PV) as an Eligible Measure in Residential PACE Programs [electronic resource] : Benefits and Challenges (Fact Sheet).

Published
Washington, D.C. : United States. Dept. of Energy, 2010.
Oak Ridge, Tenn. : Distributed by the Office of Scientific and Technical Information, U.S. Dept. of Energy.
Physical Description
4 pages : digital, PDF file
Additional Creators
National Renewable Energy Laboratory (U.S.), United States. Department of Energy, and United States. Department of Energy. Office of Scientific and Technical Information
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Summary
Property Assessed Clean Energy (PACE) financing is one of several new financial models broadening access to clean energy by addressing the barrier of initial capital cost. The majority of the PACE programs in the market today include PV as an eligible measure. PV appeals to homeowners as a way to reduce utility bills, self-generate sustainable power, increase energy independence and demonstrate a commitment to the environment. If substantial state incentives for PV exist, PV projects can be economic under PACE, especially when partnered with good net metering policies. At the same time, PV is expensive relative to other eligible measures with a return on investment horizon that might exceed program targets. This fact sheet reviews the benefits and potential challenges of including PV in PACE programs.
Report Numbers
E 1.99:nrel/br-7a2-47845
nrel/br-7a2-47845
Subject(s)
Other Subject(s)
Note
Published through SciTech Connect.
06/01/2010.
"nrel/br-7a2-47845"
Coughlin, J.
Funding Information
AC36-08GO28308
View MARC record | catkey: 14070789