The impact of state financial incentives on market deployment of solar technology

Author: Sarzynski, A.; Larrieu, J.; Shrimali, G.

Description: Many states have adopted financial incentives to encourage market deployment of solar energy technology. This paper employs a cross-sectional time-series approach to evaluate the extent to which state solar financial incentives systematically encouraged market deployment of solar photovoltaic (PV) technology from 1997 to 2009. The results demonstrate that states offering cash incentives such as rebates and grants experienced more extensive and rapid deployment of grid-tied PV technology than states without cash incentives over the study period. The analysis also finds that the presence of state renewable energy portfolio standards and specific solar carve-out provisions within them heavily influenced the market deployment of grid-tied solar PV technology through 2009.

Subject headings: Policy impact; Solar technology; Financial incentives; United States; Solar energy

Publication year: 2012

Journal or book title: Energy Policy

Volume: 46

Pages: 550-557

Find the full text : https://www.sciencedirect.com/science/article/pii/S0301421512003321

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Type: Journal Article

Serial number: 846