One of the big puzzles about the Green Energy Market Securitization program is why it excludes loans for solar water heaters. These certainly offer the biggest bang for the buck to any customer wanting lower utility bills. And the cost is a fraction of what it would take to install a solar photovoltaic system.
But solar water heaters, though accounting for roughly a third of an average household’s energy consumption, are absent from the list of technologies approved for GEMS loans.
This question was raised by Life of the Land when it intervened in the Public Utilities Commission . . .
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