Good news for the City of Angels! Los Angeles city council recently approved a feed-in tariff program that allows the LA Department of Water and Power to buy renewable electricity from projects.
The program will start with a 10 megawatt pilot with a ultimate goal of 75MW by 2016. And the city is still conducting analysis to determine the rates- but reports suggest that it will likely reach about $0.18 per kilowatt-hour.
LA also offers rebates for solar electric system installations at homes and businesses, and the rebate program has been so popular the city has already executed the budget for this fiscal year.
Read more about this in Ucilia Wang's article Los Angeles Set to Launch a Feed-in Tariff Program
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