What are some examples of government schemes & regulations promoting solar uptake?

It has also rolled out several ambitious schemes and regulations to help encourage solar uptake. One example of this is the Top Runner Programme. This is a government scheme that is designed to improve the efficiency of solar panels in the country. It works by setting standards for panel efficiency.

What are solar interconnection standards & policies?

Solar Interconnection Standards & Policies - Systems that connect to the electric grid are often affected by state and local interconnection standards. Understanding Electricity Market Frameworks & Policies - Understand market structures and how they may impact your project development.

What is a solar power purchase agreement (PPA)?

Homeowners and businesses engaged in solar power purchase agreements (PPAs) hosting third-party owned solar systems in states with SREC markets are able to reduce their costs of electricity by forgoing contractual ownership of SRECs associated with their systems’ output and enabling the system owner to sell the SRECs into the state SREC market.

Do solar panels pay for themselves?

Although, as panels and equipment are much cheaper these days, systems will pay for themselves much more quickly. This scheme is different from the USA’s NEM and UK’s SEG as it pays participants for all energy produced, even if they use that electricity themselves.