Tangerine Solar hits Airwaves on NPR
New Way To Promote Green Energy Would Show Up On Electric Bills
Tom Banse, NPR
02/22/2010
Millions of Northwest electricity customers have the option to pay a little bit extra on their monthly bills to support green energy. In the coming years, that voluntary option could take a back seat to a mandatory, but invisible charge on electric bills. Policymakers along the West Coast are working on a new green energy incentive. It relies not on tax dollars, as is traditional, but rather on ratepayer dollars. Correspondent Tom Banse reports on how it would work.
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Solar developer Stanley Florek of Seattle’s Tangerine Solar says the fixed, premium purchase price gives suppliers certainty they’ll recover the high costs they pay upfront.
Florek: “You get that investment paid back with a modest return guaranteed on top. As a result, you may be foolish not to have a solar system or wind farm in your neighborhood because that property is sitting there not making money for your neighborhood.”
Full Story here: http://www.kuow.org/program.php?id=19510