Saturday, November 13, 2010

Los Angeles Rebates $100 Million for Solar Incentives

An incentive program for solar panel rebates in Los Angeles is in danger of becoming a victim of its own success.

City News Service reports Friday that the Department of Water and Power has given away $100 million in rebates since 2007, and expects to give away another $89 million over the next three years.

Trouble is, the Solar Incentive Program is supposed to distribute $313 million from 2007 until 2016, at a rate of about $33 million a year.

The utility's board approved cuts last week, but the Los Angeles City Council blocked those changes Friday.

Councilman Paul Koretz says the program should be scaled back, but the utility went too far.

DWP's staff warns that the program's funds could be exhausted in two or three years.


1 comment:

California Solar Engineering said...

There's a reason the Solar Incentive program is doing so good and I simply disagree with knocking it down because of that- this is why you put the incentive there in the first place, dont be so shocked when people use it...