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#1
Start by
Kyle Campbell
12-29-2013 11:30 PM

Is wondering why Ohio is slow in solar?

Is wondering why Ohio is slow in solar?
12-30-2013 01:42 AM
Top #2
CARMINE DODDATO
12-30-2013 01:42 AM
Ohio has less sunny days then any other state in the union!
12-30-2013 04:05 AM
Top #3
Kyle Campbell
12-30-2013 04:05 AM
True, but not much different than NY,NJ,PA. All kinds of developments there and surrounding states.Are you aware of Germany's weather?
12-30-2013 06:24 AM
Top #4
Jim Avery
12-30-2013 06:24 AM
It takes local advocates to get solar going. Google "Ohio solar" for exampe and find groups like http://www.greenenergyohio.org/page.cfm?pageId=55
to get involved with. ASES Solar tours are a popular annual event even in WA state. FYI Seattle has more sun than Germany.
12-30-2013 08:28 AM
Top #5
Kyle Campbell
12-30-2013 08:28 AM
Im very familiar with this organization. Maybe I will spend more time with them in the New Year! Merry Christmas.
12-30-2013 11:13 AM
Top #6
Perry McNeely
12-30-2013 11:13 AM
NJ has the best tax and renewable energy credits in the USA. They decided to get in front of this. Pa is about to match and so is Rhode Island. Even with less sunshine days, these incentives drive the investors. I'm in Texas. We have much more sun days, but the State has put the higher incentives into Wind energy production. Thus slow solar developemnt. Look at Europe. Spain and Greece have even higher incentives that in the USA. That is why they are moving faster.
12-30-2013 01:36 PM
Top #7
Ian Diamond
12-30-2013 01:36 PM
The interest in solar pv is set to take off in Ohio. The State already has a rebate program that is available. And their SREC program is about to commence. Combining both of those incentives for suitable sized systems and we'll be offering paybacks of around 5 years and IRR > 15%.
12-30-2013 04:26 PM
Top #8
Kyle Campbell
12-30-2013 04:26 PM
Ok, so when you say SREC, what are you including besides traditional rebates?
12-30-2013 06:45 PM
Top #9
Ian Diamond
12-30-2013 06:45 PM
Firstly, let's clarify some semantics:
SREC's are production credits; they're not a rebate.

All the states in the PJM Territory are developing their Renewable Portfolio Standards and Solar as a portion of that. Ohio has a solar RPS requirement of 0.01% for 2010. The compliance penalty is $400, so SREC's will trade for something below that.

Welcome to 2010!

Does that help explain it?
12-30-2013 09:31 PM
Top #10
Kyle Campbell
12-30-2013 09:31 PM
Basically, its a tradeable thing right? I was understanding this before but we all just want to be very clear on what's going on. Solar for 2010 looks great, let's get some going.. Ohio is pretty aggressive w the portfolio, so we shall see what the New Year brings!
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