The Los Angeles City Council approved a pilot program that marks the city's first foray into feed-in tariffs--a system popularized in Europe in which property owners can be compensated for solar power they feed into the grid. The LA system will start modestly, shooting for "60 property owners who join the pilot project so that they can buy the solar power the properties generate." According to a report from the City Administrative Officer, the purchase price "should not exceed a projected average cost of $.18 per kilowatt hour (kWh)," and "The average annual cost for the 10 MW demonstration project will be $3 million." [KPCC/City Clerk]
Filed under:
Loading comments...