by Daniel Ferra
(Palm Springs, California)
Germany, Japan, and the Hawaiians, are using the Feed-in Tariff (FiT), which is a policy mechanism designed to accelerate investment in renewable energy.
For instance, the California FiT allows customers with qualified generators to enter into 10, 15, or 20 year contracts with their utility company to sell the electricity produced by renewable energy.
In addition, it guarantees that anyone who generates electricity from a renewable energy source, whether homeowner, small business, or large utility, is able to sell that electricity.
California has mandated that renewable energy sources make up 33 percent of the electricity supply by 2020.
Supports All Forms of Renewable Energy
FIT policies can be implemented to support all renewable technologies including:
Currently, there are 3 cities in California using a commercial Feed-in Tariff: Los Angeles, Palo Alto, and Sacramento. In fact, these utilities are paying their businesses 17 cents per kilowatt hour for the renewable energy they generate.
We can get our lawmakers and regulators to implement a residential Feed-in Tariff, to help us weather global warming, insulate our communities from grid failures, generate a fair revenue stream for the homeowners and protect our water.
If you agree with this, please sign our petition