Solar Energy Law
In today’s market place, renewable energy and energy efficiency best practices intersect with government policies, regulations and legislation, which form a significant part of the renewable energy business. Incentives such as Feed-In tariff laws, investment or production tax credits, renewable portfolio standards (RPS), and auction mechanisms provide financial certainty and economic support for each project and/or transaction.
In recent years, most governments and business sectors have increasingly supported renewable energy, noting substantial new opportunities, and that it produces positive environmental impacts, contributes to energy independence, and now generates significantly more job creation than the fossil fuels sectors in the United States. To encourage the continued expansion of renewables, governments and utilities offer energy incentive programs to help offset energy costs, as well as tax and financial incentives to make renewable energy more accessible and cost-effective.