The California Solar Initiative is ending. What has it left behind? /

The California Solar Initiative is ending. What has it left behind? / Severin Borenstein, Energy Economics Exchange, Energy Institute at Haas, 17/06/2013

http://energyathaas.wordpress.com/2013/06/17/the-california-solar-initiative-is-ending-what-has-it-left-behind

Nearly all the money has been spent, and the California Solar Initiative is winding down.  The direct CSI subsidy for installing PV panels on your house, which started at $2.50 per watt (of installed peak capacity) is now just $0.20 per watt.  As of last week, the program has spent about $1.68 billion on rebates for 111,271 completed solar PV installations of about 1.2 GW in rated solar PV capacity.  That works out to an average rebate of $1.40 per watt of capacity…

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