As policymakers across the U.S. continue to refine their methods of valuing solar energy development, several strategies have bubbled to the top. Some policies emphasize a market approach that, in theory, benefits both utilities and solar system owners (e.g. New York’s Value of Distributed Energy Resources (VDER) Tariff). While a market approach is advantageous because it incentivizes solar development based on the benefits that solar systems bring to a specific area of the electrical grid, this strategy may result in less predictable project economics. Other policies, such as Feed-In Tariffs, incentivize solar development by making project returns as predictable as possible, but conversely may over-incentivize solar development in less valuable areas of the electrical grid.
EnterSolar’s Technical Director, Edgar Lim, went to Washington D.C. for the Northeastern States Federal Lobby Day that took place on September 28, 2017. With his expertise in solar project development and equipment procurement, he joined the Solar Energy Industries Association (SEIA) in educating U.S. Senators and Representatives about the impact of the solar industry on energy, jobs, trade issues, taxes and the economy.