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3 Cards in this Set
- Front
- Back
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Slide 1: The secondobjective that we looked at is the impacts of solar energy subsidies oninstallations and usage – two questions we considered concern the size of thesubsidy and the installationsrates |
Slide 2: Thereare four types of monetary incentive programs in the US, listed up here –research shows that consumers have no preference for the type of program, andtreat every dollar from the different forms of subsidies the sameAstudy we examined shows that increasing rebates from $5.600 to $6,070 increasedthe amount of installations by 10 percent, showing consumer preference for larger subsidies |
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Slide 3: When looking at California SolarInitiatives, we found thatas solar technology develops under larger subsidies, the cost of solar panelsunder California Solar Initiatives has been reduced. The graph on the leftshows the increase in investment in solar technology, and the graph on theright shows the decrease in cost of installation So, a larger investment insolar energy technology leads to more development of the technology, whichleads to lower costs ininstallation |
Slide 4: Larger subsidies and lower costs areeffective in increasing installationsForinstance, when California increased the upfront subsidy to $4.50/W, cumulativesolar panel installation increases 300% within a three year timespan |
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Slide 5: The evaluative criteria that wedetermined for thepercent increase in installations that the policy should have in order to beeffective is a 150% increase over a three year span |
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