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Incentive pass-through in the California Solar Initiative – An analysis based on third-party contracts

Many utilities and states have implemented incentives for residential solar to reduce the high upfront cost. There
is a growing body of literature evaluating the extent of this corresponding price reduction, termed ‘incentive
pass-through’, typically finding nearly complete path-through for host-owned systems. However, few studies
hitherto had the data to reliably estimate path-through for third-party owned systems, which comprise most of
new installations over this period. This study evaluates incentive pass-through for third-party owned systems in
California between 2010 and 2014. The estimation results show path-through rate is around 62%, suggesting
that unlike host-owned systems, a portion of the incentive reduced the contract price of the system and the rest
of the incentive was retained by the installer. This study has important implications for future subsidy program
design in the presence of different ownership types in the market.

Ketersediaan
EJ20113My LibraryTersedia
Informasi Detil
Judul Seri
-
No. Panggil
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Penerbit
Elsevier Ltd. : .,
Deskripsi Fisik
8 p.
Bahasa
English
ISBN/ISSN
-
Klasifikasi
NONE
Tipe Isi
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Tipe Media
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Tipe Pembawa
online resource
Edisi
Energy Policy 121 (2018) 534–541
Subyek
-
Info Detil Spesifik
Ejurnal
Pernyataan Tanggungjawab
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