Wednesday, April 6, 2011
I was talking to my dad who lives in Hawaii and he told me that he got a letter from his electric company (HELCO). The letter announces that Hawaii is going to join the ranks of the other Countries, States, and companies that offer Feed-In-Tariffs (FIT). At $.218 per kWh of electricity generated, we are now left to ask ourselves whats up California? Well I guess I shouldn't ask all of California exclusively because there are plenty of States that haven't offered or mandated FIT's. I think that we will see it eventually, but for now I guess we will have to rely on the California State Initiative which is currently offering a $.35/watt installed and the 30% tax rebate offered by Uncle Sam.