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USA: Extended Tax Credits for Weak Solar Thermal Market

Submitted by Baerbel Epp on February 24, 2016
CalseiaAgainst all odds, the solar heating tax credits in the USA were extended again by 5 years. On 18 December 2015, the Consolidated Appropriations Act was signed, including an extension of the so-called federal Investment Tax Credits up to 2021. Originally, the tax incentives were expected to end on 31 December 2016 after an eleven-year period since 2005, with one previous extension in 2008. They allow both residential and commercial investors of solar PV and solar thermal systems to deduct 30 % of the investment costs at the next tax declaration.
Photo: Calseia.org

Arizona: Steep Drop in Solar Water Heater Demand

Submitted by Baerbel Epp on July 28, 2015

In 2006, Arizona's utility regulators at the Corporation Commission approved the Renewable Energy Standard and Tariff (REST) stipulating that all utilities are to generate 15 % of their energy by renewable sources by 2025. This gave a push to solar water heating, because the utilities subsidised solar water heaters whenever they offset electric water heaters. In 2011, US-based consultancy GTM Research placed Arizona at the pole position – before Hawaii – in the ranking of the states with the highest number of installed solar water heaters (see chart). But then PV became more popular and led to a drastically reduced demand for solar thermal systems. In 2016, the state’s largest utility, Arizona Public Service (APS), will even let the incentives for solar thermal run out, as their renewable target has already been reached.
Source: GTM Research

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