By Frank Andorka, Senior Correspondent
By Frank Andorka, Senior Correspondent
Opposition to President Donald J. Trump's policies seem to be falling away at an increasingly rapid pace - one more obstacle to his nuclear and coal bailout has gone by the wayside.
Federal Energy Regulatory Commissioner Robert Powelson, who had steadfastly opposed the plans to prop up failing nuclear and coal plants unexpectedly announced that he will retire from FERC effective in mid-August. Powelson will be leaving to take over as the president and CEO of the National Association of Water Companies.
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Losing a staunch ally in the fight over the bailout at this stage does not bode well for the future of the opposition and makes it ever more likely that that plan, currently being hatched in secret at the Department of Energy under Secretary Rick Perry, will come to fruition - and that means a significant obstacle for solar's continued growth.
As we've discussed here before, the idea of bailing out failing coal and nuclear plants when viable renewable replacements exist is the height of folly. Studies have shown that instead of lowering electricity costs for average Americans, the bailout plan will in fact raise prices. And in the light of such dire news for their constituents? Crickets from the alleged defenders of the common people.
In fact, Perry recently said that he was willing to put his mythical "energy security" concerns - his argument about the need for "baseload power" is so full of holes it might as well be Swiss cheese - above the financial stability of most Americans. It's mind-boggling that people who spent a decade decrying bank and automobile bailouts as "picking winners and losers" (something they suggest should be decided instead by a 300-year old invisible hand) are now about to spend billions in taxpayer money to rescue energy sources whose time has long passed - and to whom viable alternatives already exist.
Losing Powelson to the water companies deals an enormous blow to the side of reason in the coal and nuclear bailout debate. Here's hoping the other opponents remain steadfast in opposing this enormous waste of taxpayer money.
By Frank Andorka, Senior Correspondent
By Frank Andorka, Senior Correspondent
As the solar industry has continued to grow, it's easy to forget that Burlington, Vermont, was the first city in the United States to go 100% solar. The Green Mountain State has quietly grown its solar industry somewhat below the radar, but there are signs that it's beginning to mature as a market.
One such indication is that Vermont-based Suncommon, a residential solar installer, just recently received a credit facility to fund its expansion into the Hudson Valley from Citizens Bank. Earlier this year, Suncommon acquired New York-based Hudson Solar and plans to use the money to expand its operations into New York state.
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Vermont has a long history of environmentally friendly activism and passion, and the growth of its solar industry - and the expansion of its companies into other states - prove that the environmentalist heart of the state continues to beat strongly. But it is also indicative of two other important trends.
First, it proves the solar industry is bicoastal. While everyone focuses on states like California, Arizona, New Mexico and the like, a strong, vibrant and healthy solar industry is taking root in the Northeast, too. Secondly, no matter what coast the solar revolution is happening on, it's the smaller states like Vermont where the most interest should be focused. States like California, New York, Arizona and Massachusetts are already well into the solar revolution and are, naturally, setting the curve.
But it's in states like Vermont and Wyoming, where the state's first major solar installation is about to happen in the real hear of U.S. coal country, where the revolution is the most remarkable. As those markets begin to mature and money starts to flow into those states, that's when we'll know the solar revolution has finally taken hold and won't be shaken. Suncommon's ability to get funding for its expansion is one more positive sign that we are rapidly moving toward that day.
I hope you have a great weekend. I am headed back to the East Coast for a week and will be back in San Francisco for Intersolar. Are you coming?
Protecting Consumers. SEIA is out with a revised consumer protections document meant to give homeowners information and questions to use during a home buying process. It would make sense for ‘good’ contractors that use quality products and stand behind their work to attach the document to their proposals with their answers to the list of questions. If you provide the homeowner with the document with answers, they are likely to use the document with your competitors that may not hold themselves to the same standards.
Time For Power Companies To Go Private. When you look at the IPP marketplace in the US it’s no longer surprising to me that the most innovative (for large corporations) are the foreign IPPs with largely European shareholders. Companies like NRG and Sempra have faced activist investors that push for a quarterly focus on traditional power and monetization of any renewable facilities. That being said, the global IPPs may be too big to make the real innovative change that can be game changing. One of the activist influenced IPPs should consider going public and going the other way. Instead of quarterly focus, they can partner with long term yield investors to create the future we think possible.
Supreme Court Impact On Environment. What does it mean for the environmental policies when Justice Kennedy retires and is replaced this summer. An interesting, albeit sometimes small, issue that could result in a change of view on the current policies and rules. Aside from this retirement, Commission Powelson of FERC is retiring after just a year. He may be the swing vote on the coal and nuclear emergency bailout issue. More on this to come.
Divesting Political Campaign Funds. Politics continue to play a role in the energy space, which should come to no surprise to any of you. After the NY-14 primary upset and a primary of his own, Governor Cuomo is signing the No Fossil Fuel Money Pledge. If you recall, the Democratic primary in Virginia put the donations of the utility at issue but without the result of the eventual nominee to stop taking the money. It seems like the issue is evolving and we will end up with all candidates taking the position of not taking money from oil, gas, and utilities.
Presented by ENGIE. ENGIE (formerly SoCore Energy) is a market leader in commercial, industrial, and distributed solar and storage portfolio development with installations across some 25 states. ENGIE offers commercial and industrial companies, electric cooperatives, and communities solar and storage solutions that provide energy cost savings, increased resiliency and carbon reduction opportunities.
Have a great day!
News
1 SolarWakeup:
SEIA Updates Residential Guide To Solar, Emphasizing Consumer Protection (As It Should)
2 Bloomberg:
Sempra to Sell Assets—Just Not All That Elliott Asked For
3 SolarWakeup:
Open Energy Creates Competition With Its Commercial Financing Exchange
4 Think Progress:
Here’s what environmental law experts think about Justice Kennedy’s retirement
5 Huffington Post:
Andrew Cuomo Walks Back Statement Saying He’ll Stop Taking Fossil Fuel Money
6 PV-Tech:
Time for Indian corporates to go renewable, says World Business Council for Sustainable Development
7 Renewable Energy World:
Arizona Public Service Issues RFP to Retrofit Solar Plants with Battery Storage
8 Utility Dive:
Assuring grid reliability in California — a view from Commissioner Randolph
Opinions:
9 Renew Economy:
Why your rooftop solar is best argument against extending coal
Have a great day!
Yann
By Frank Andorka, Senior Correspondent
By Frank Andorka, Senior Correspondent
It's easy to talk consumer protection, but it's another thing to actually do something about it. The Solar Energy Industries Association (SEIA) has taken it upon itself to be the most vocal advocate for consumer protection in the solar industry - and now they've got a residential consumer guide to match the rhetoric.
The national solar organization has updated its SEIA Residential Consumer Guide to Solar Power to reflect a focus on creating a positive buying experience for residential solar consumers with a one-stop guide to the ins and outs of purchasing residential solar, including what red flags should send residential consumers running for the hills.
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Any solar consumer can download the guide from SEIA's website and includes the basics of solar energy and ownership options available to them - but goes one step further to include key questions consumers should ask solar installers before signing a contract. The guide is a result of a joint effort of the leading companies across the solar industry and goes hand in hand with SEIA’s existing Solar Business Code by which all SEIA members abide.
“The residential solar market is expanding into new states at a rapid pace, and because of that it’s critical that potential solar customers have the tools they need to fully understand solar transactions,” said Tom Kimbis, SEIA’s executive vice president. “By demystifying the buying decision solar can find its way onto millions of new American homes.”
But the guide doesn't just stop with questions to ask about the system as it will serve the homeowner - it also includes questions about what consumers need to know before they sell the home with solar modules on it. It also addresses solar + storage, which is a new consideration for most solar consumers. SEIA's decision to lead on the solar + storage issue shows how closely they are monitoring the market and trying to protect consumers throughout the solar-purchasing process.
“My company has been involved with solar installations since 1980,” said Ed Murray, president of Aztec Solar, based in Rancho Cordova, Calif. “The new SEIA consumer protection guide shows the strong commitment of our industry as solar has become a mainstream energy choice for Americans.”
Other industries I've worked in talk about consumer protection - the solar industry is the first I've seen try to do something to marginalize the bad actors before they have a chance to give the industry a black eye - an effort for which they should be applauded.