Analysis of Solar Energy Program Spending and State Allocation Trends
This analysis delves into the spending patterns of state energy programs on solar initiatives, particularly under the American Recovery and Reinvestment Act. It explores the amount of funding invested in solar projects, identifies the top states allocating funds to solar energy, and assesses the availability of stimulus-funded programs to support solar initiatives. The study categorizes funding allocation levels and presents key findings on solar loans, grants, and rebates. Additionally, it highlights the top states in solar spending over a two-month period.
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Solar in the Stimulus: An Analysis of State Energy Program Spending American Solar Energy Society: Sizing Up State Programs May 20, 2010 Ty Gorman N.C. Solar Center / DSIRE
DSIRE Overview Created in 1995 by the NC Solar Center Funded by U.S. DOE (EERE), administered by NREL ~2,392 RE & EE financial incentives & regulatory policies Federal, State, Local, Utility ~ 250,000 unique visitors/month www.dsireusa.org
Introduction Impetus for this research Questions: 1) How much money is being invested in solar* under the stimulus-funded State Energy Program (SEP)? 2) Which states have allocated the most money to solar under the stimulus-funded SEP? 3) How much stimulus-funded SEP is still available to possibly fund solar? *Solar includes: PV and Solar Thermal (usually for water heating with a few space heating projects)
Methodology Reviewed SEP ARRA Plans Excluded EECBG, WAP, Treasury Grants, EPA funds, regular SEP funding Contacts at SEOs Reviewed SEO and other State Websites (Governors press releases) Recorded and categorized the $ amounts
Categorizing the $$$ Degree of Certainty Explicitly Allocated and Planned for Solar RE Funding (solar funding possible) EE Funding (solar funding possible) SEP Funding Unavailable for Solar
RESULTS American Recovery and Reinvestment Act SEP: $3.1 B STILL POSSIBLY AVAILABLE: $1.14 B SOLAR: Loans: $575 M RE Grants: $146 M EE Grants: $423 M $310 M Solar Grants: $246 M Solar Rebates: $64 M
Top 10 States March 8, 2010 Top 10 States May 14, 2010 States TN NY FL VA MA MD PA PR GA OH Solar $ $ 61.5 M $ 29.7 M $ 24.4 M $14.4 M $12.2 M $ 9.75 M $ 9.6 M $ 7.8 M $ 7.78 M $ 7.6 M States TN TX NY FL PA MA VA MD PR GA Solar $ $ 61.5 M $ 46.8 M $ 44.3 M $24.4 M $19.7 M $ 18.5 M $ 14.4 M $ 9.75 M $ 7.8 M $ 7.78 M Time lapse = 2 months 4 Top Ten States with Changes
MAY 14, 2010 Top 10 States TN TX NY FL PA MA VA MD PR GA Solar Spending $ 61.5 M $ 46.8 M $ 44.3 M $24.4 M $19.7 M $ 18.5 M $ 14.4 M $ 9.75 M $ 7.8 M $ 7.78 M
Solar Rebates by State 16 14 Renewable Energy Rebate Funding (in Millions) 12 $ in Millions 10 8 Allocated and Planned Solar Rebates (in Millions) 6 4 Energy Efficiency Rebate Funding (in Millions) Total: $88.4 M 2 0 DC GA VA VT PR MD MN ME CT CO DE AR UT FL MA USVI 13 states + PR, DC, USVI offer rebates STATE
Solar Grants by Sector $0.2 Residential Grants $26 M Commercial Grants $59.7 M Public Sector Grants $160.1 M Multiple Sector Grants Total: $246 M
Grants by Sector RE Grants ($145.6 M total) EE Grants ($423 M total) Residential EE EFFICIENCY RESIDENTIAL GRANT Commercial Sector EE Grants $16.8 M $8 M $21.3 M Residential EE Residential RE Residential Sector RE Grants Commercial EE $68 M Commercial RE Commercial Sector RE Grants $107 M Public EE Public Sector EE Grants $51.2 M Public Sector RE Grants Public RE $21.3 M $239 M Other Sector EE Grants Other Sector RE Grants Other RE
Loan Funding Funding for Loan Program(s), in Millions $160 $140 $120 $100 $80 $60 $40 $10 $3.5 $7 $20 $- ME IA MD MT CO AK NJ NV NH WA NC PA VT TX KY PR MI CA IN AL WI AR UT OR USVI FL NE OH Possibly Solar, Payback Has to Meet Criteria Solar Specific
Contacts Ty Gorman Amanda Zidek-Vanega N.C. Solar Center / DSIRE www.DSIREusa.org amanda_vanega@ncsu.edu N.C. Solar Center / DSIRE www.myDSIREusa.org trgorman@ncsu.edu