Super you might want to do a little research. The solar industry really began in the US after several states adopted portfolio standards. These are requirements by the government for utilities to produce a certain percentage of power from renewable sources. California, Nevada, etc. did as well.
Here is the first rule in North Carolina
North Carolina's Clean Energy and Energy Efficiency Portfolio Standard (CEPS), originally established as a Renewable Energy and Energy Efficiency Portfolio Standard (REPS) by Senate Bill 3 in August 2007, requires all investor-owned utilities in the state to supply 12.5% of 2020 retail electricity sales (in North Carolina) from eligible energy resources by 2021. Municipal utilities and electric cooperatives must meet a target of 10% renewables by 2018 and are subject to slightly different rules. In February 2008, the North Carolina Utilities Commission (NCUC) issued an order adopting final rules to implement the CEPS.
Since NC has little wind resources, except offshore, this meant solar. Until recently all the solar projects in North Carolina were privately owned and the power company purchased the power with a power purchase agreement. Duke is now developing some projects directly. These power purchase agreement allowed the owner to obtain project financing. Generally a bank or insurance company would provide the financing for the tax credits. Previously the state provided a 35% tax credit (expired now) to go with the 30% federal. The amount of state tax credit on a 10 or 15 million project required a heck of a state tax liability to make it work, which is why only very big corp. were involved. The builder would retain the OM cost for the revenues. This is how we got so many solar farms in North Carolina. The utilities did not want this at first but are now going along as that can pass the cost along to their customers.
This was our project in Nevada utilizing solar thermal energy. PV has gotten so cheap these type projects are hard to make work now
Just like NC this started from portfolio standards in Nevada, then an RFP process, then a power purchase agreement, then financing/joint venture. Many states have dropped portfolio standards now and gone to other incentives. If you every wonder why NC was one of the leading solar producing states, this is why. It was required by law for a long time.
I am a finance guy and couldn't tell you anything much about installation of panels. Calm down. I understand you are playing the cards you were given and that is fine if you are happy with your decision. As a political board i wanted to address that broader issue of roof top solar and net metering. Both of which are silly.
Net Metering is like taking your left over tomatoes from the back yard and going to the farmers market and making the farmer with a truck load of tomatoes buy them and the same price they are selling. Net metering is either required by law. or the utility commission. I seriously doubt any utility wants them outside a little coop. And the economic don't really matter when you can shift the cost to someone else who has to choice buy to pay.
Edit a lot of roof top solar in California is designed to keep the frig and freezer running when there are/or were black outs
Try being civil
Edit regarding workers, many construction companies us this program for labor.
They generally stay 9 months and have to return home for 3. Then they come back for another 9 to the same contractor for the same work.
• The top five H-2B visa issuance countries in FY 2022 Mexico – 67.8 % Jamaica – 10.3 % Guatemala – 5.0 % Honduras – 3.6 % El Salvador 3.4
Renewable portfolio standards in the United States - Wikipedia
en.wikipedia.org
Here is the first rule in North Carolina
North Carolina's Clean Energy and Energy Efficiency Portfolio Standard (CEPS), originally established as a Renewable Energy and Energy Efficiency Portfolio Standard (REPS) by Senate Bill 3 in August 2007, requires all investor-owned utilities in the state to supply 12.5% of 2020 retail electricity sales (in North Carolina) from eligible energy resources by 2021. Municipal utilities and electric cooperatives must meet a target of 10% renewables by 2018 and are subject to slightly different rules. In February 2008, the North Carolina Utilities Commission (NCUC) issued an order adopting final rules to implement the CEPS.
Since NC has little wind resources, except offshore, this meant solar. Until recently all the solar projects in North Carolina were privately owned and the power company purchased the power with a power purchase agreement. Duke is now developing some projects directly. These power purchase agreement allowed the owner to obtain project financing. Generally a bank or insurance company would provide the financing for the tax credits. Previously the state provided a 35% tax credit (expired now) to go with the 30% federal. The amount of state tax credit on a 10 or 15 million project required a heck of a state tax liability to make it work, which is why only very big corp. were involved. The builder would retain the OM cost for the revenues. This is how we got so many solar farms in North Carolina. The utilities did not want this at first but are now going along as that can pass the cost along to their customers.
This was our project in Nevada utilizing solar thermal energy. PV has gotten so cheap these type projects are hard to make work now
Nevada Solar One - Wikipedia
en.wikipedia.org
Just like NC this started from portfolio standards in Nevada, then an RFP process, then a power purchase agreement, then financing/joint venture. Many states have dropped portfolio standards now and gone to other incentives. If you every wonder why NC was one of the leading solar producing states, this is why. It was required by law for a long time.
I am a finance guy and couldn't tell you anything much about installation of panels. Calm down. I understand you are playing the cards you were given and that is fine if you are happy with your decision. As a political board i wanted to address that broader issue of roof top solar and net metering. Both of which are silly.
Net Metering is like taking your left over tomatoes from the back yard and going to the farmers market and making the farmer with a truck load of tomatoes buy them and the same price they are selling. Net metering is either required by law. or the utility commission. I seriously doubt any utility wants them outside a little coop. And the economic don't really matter when you can shift the cost to someone else who has to choice buy to pay.
Edit a lot of roof top solar in California is designed to keep the frig and freezer running when there are/or were black outs
Try being civil
Edit regarding workers, many construction companies us this program for labor.
H-2B & Green Card Immigration for Construction Workers | Jeelani Law Firm
Jeelani Law Firm helps US clients hire foreign construction workers through H-2B Temporary Worker Visas and EB-3 Visas (Green Card).
www.jeelani-law.com
They generally stay 9 months and have to return home for 3. Then they come back for another 9 to the same contractor for the same work.
• The top five H-2B visa issuance countries in FY 2022 Mexico – 67.8 % Jamaica – 10.3 % Guatemala – 5.0 % Honduras – 3.6 % El Salvador 3.4
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