HB 57 — Good News for Fans of Solar in Georgia
Many of you know that HB57 is working its way through the Georgia Legislature right now, and that there appears to be broad support from all sides of the aisle (including Georgia Power, the state’s largest electric utility).
HB57 would allow power-purchase agreements, an arrangement in which “a third-party developer owns, operates, and maintains the photovoltaic (PV) solar energy system, and a host customer agrees to site the system on its roof or elsewhere on its property and purchases the system’s electric output from the solar services provider for a predetermined period.” (http://www.epa.gov/greenpower/buygp/solarpower.htm).
High up-front costs for purchasing solar equipment keeps many residential customers and small business owners out of the solar energy market. HB57 would provide a viable financing option by allowing parties to “lease” the solar equipment and pay back the provider by buying electricity generated via the solar panels on their own roofs.
HB57 would give people more choices, and who doesn’t like choices?
For more information, visit the following:
If you’d like to sound off about the future of solar energy in Georgia, contact your representatives here: