The impact of state financial incentives on market deployment of solar technology

Andrea Sarzynski, Jeremy Larrieu and Gireesh Shrimali

Energy Policy, 2012, vol. 46, issue C, 550-557

Abstract: Many states have adopted financial incentives to encourage market deployment of solar energy technology. This paper employs a cross-sectional time-series approach to evaluate the extent to which state solar financial incentives systematically encouraged market deployment of solar photovoltaic (PV) technology from 1997 to 2009. The results demonstrate that states offering cash incentives such as rebates and grants experienced more extensive and rapid deployment of grid-tied PV technology than states without cash incentives over the study period. The analysis also finds that the presence of state renewable energy portfolio standards and specific solar carve-out provisions within them heavily influenced the market deployment of grid-tied solar PV technology through 2009.

Keywords: Policy impact; Solar technology; Financial incentives (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (71)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:46:y:2012:i:c:p:550-557

DOI: 10.1016/j.enpol.2012.04.032

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