Solar Water Heaters Absent from List Of Technologies Approved for GEMS Loans

posted in: 2015, March 2015 | 0

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.

Why?

This question was raised by Life of the Land when it intervened in the Public Utilities Commission . . .

Please sign in to access password-protected articles.

If you do not subscribe and would like to, if you would like to renew your subscription, or if you want to purchase a 2-day pass, please click here.

If you are a current subscriber, but do not yet have an account, please contact us and we will set one up for you.