In a move expected to spur solar heating and cooling (SHC) deployment across the state, the Massachusetts Legislature has approved SB 2214 and sent it to Governor Deval Patrick for his signature. This important legislation will allow renewable thermal technologies, including SHC, to be eligible for alternative energy credits under the Massachusetts Alternative Portfolio Standard (APS).
"This legislation will help to reduce energy costs for Massachusetts consumers as well as for utilities, spur local economic development and reduce greenhouse gas emissions. It's a win all the way around," said Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA). "Most importantly, in a state where home heating costs are exorbitant, businesses and homes which install these energy efficient technologies can reduce their energy costs."
SB 2214 gives authority to the Massachusetts Department of Energy Resources to recognize the different capital and operating costs of renewable and thermal technologies, like solar, and to award credits in a way that will stimulate the deployment of these energy efficient technologies.
It's estimated that space heating and cooling and water heating account for roughly 54 percent of total building energy use in Massachusetts. Additionally, more than $1.5 billion is spent each year on fuel oil for residential heating in Massachusetts.
A study completed for the state found that "depending on the rate of market growth, the renewable thermal industry is expected to create between 1,600 and 5,900 jobs in Massachusetts and the New England region by 2020."
Today, solar is the fastest growing source of renewable energy in America, generating enough clean, reliable electricity to power more than 3 million American homes, while employing nearly 143,000 Americans.
Celebrating its 40th anniversary in 2014, the Solar Energy Industries Association® is the national trade association of the U.S. solar energy industry. Through advocacy and education, SEIA® is building a strong solar industry to power America. As the voice of the industry, SEIA works with its 1,000 member companies to champion the use of clean, affordable solar in America by expanding markets, removing market barriers, strengthening the industry and educating the public on the benefits of solar energy. Visit SEIA online at www.seia.org.
Ken Johnson, SEIA Vice President of Communications, email@example.com(202) 556-2885
Samantha Page, SEIA Press Officer and Communications Manager, firstname.lastname@example.org (202) 556-2886
This document was issued by SEIA - Solar Energy Industries Association and was initially posted at www.seia.org. It was distributed, unedited and unaltered, by noodls on 2014-08-01 21:07:01. The original document issuer is solely responsible for the accuracy of the information contained therein.