Abstract
AbstractIn the United States, the City of Gainesville in Florida was the pioneer in the implementation of a long-term feed-in-tariff model to purchase solar electricity generated by privately owned systems located in the public utility’s service territory, accelerating the investments in renewable energy. Based on the German model, the city implemented the feed-in-tariff program using 20-year agreements with suppliers. This program is funded by the electricity ratepayers through an increment in the electricity bill. A flat purchase rate is calculated using solar electric system costs and varies based on the type and size of installation. This cost-based purchase rate ensures a safe return margin to investors and is reduced annually for new contracts as market installation costs go down to promote the technology development in the region and encourage investors to act. Gainesville adopted this renewable energy policy in 2009 to diversify its generation portfolio, respond to community demands and meet carbo...
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