The solar Investment Tax Credit (ITC) allows homeowners to deduct 30 percent of the total cost of investment from their taxes for systems installed in 2019. Starting in 2020, the tax credit will step down to 26 percent for 2020, 22 percent in 2021 and then zero after that.
The 20-year PPA supports the development, construction, and operation of a 12.1 MW solar farm at the University of Illinois at Urbana-Champaign.
By the end of 2018, the total capacity of the installations was approximately 43,481 kilowatts (kW), an increase of 13,910 kW. While that’s a 47 percent increase year over year, legacy net metering projects remain a small portion of Michigan’s total retail electricity sales, at .0048 percent.
The Maverick 7 project is part of the Palen Solar site to be built on 3,140 acres of federal lands. The U.S. Bureau of Land Management completed the federal permitting process approving the project in October 2018.
Solar tariffs are costing the U.S. more than $10.5 million per day in unrealized economic activity
The Tennessee Valley Authority is seeking public input on a proposed 150-MW solar power purchase agreement currently under development in the TVA’s home state.
Since the beginning, the bulk power market has operated in response to the load. With no way to store electricity once it was generated, power system operations dispatched generation to meet load and built capacity to levels that ensured maximum demand would be met with reserves.