Incentives include regulations, outreach, and financial incentives---allowing outreach programs allows over 200 different mechanisms
Beattie & Menz 5 Kristin M. Beattie Interdisciplinary Engineering and Management, Honors Program Clarkson University, Potsdam, NY Mentor: Dr. Fredric Menz Professor, Department of Economics Clarkson University, Potsdam, NY “Renewable Energy in the United States: Policy Effectiveness and Economic Issues” Summer Research Program, 2005, Google (downloaded as word doc)
There are many different incentive programs that exist in different states to promote the use of renewable energy technologies. The three main categories of policies to promote green power are financial incentives, volunteer and outreach programs, and rules and regulations.
The financial incentives include personal income tax exemptions, corporate tax exemptions, sales tax exemptions, property tax exemptions, rebate programs, grant programs, loan programs, industry recruitment programs, leasing/lease purchase programs, and production incentives. There are currently 200 financial incentives in place that promote renewable energy in the United States (DSIRE, 2003).
Volunteer and Outreach Programs include green pricing programs, voluntary installer certification programs, and outreach programs. At present, there are 201 volunteer and outreach programs in place to promote renewable energy in the United States (DSIRE, 2003).
Rules, regulations, and policies include public benefits funds, generation disclosure rules, renewable portfolio standards, net metering rules, line extension analysis requirements, contractor licensing requirements, equipment certifications, solar access laws, construction and design standards, green power purchasing/aggregation, and mandatory utility green power options. There are currently 216 rules, regulations, and policies in place to promote renewable energy in the United States (DSIRE, 2003).