DISCOVER THE INCENTIVES IN YOUR AREA

INTRO TO ENERGY POLICIES

Why Energy Policies Are Important

The energy policy in your area can dramatically affect how much renewable energy such as solar panels cost. Furthermore, these policies are the government’s primary tool in driving change in existing energy markets.

Policies can range from incentives such as “the government will cover $20,000 of this solar energy installation” to hard rules such as “we will no longer issue new permits for coal power plants”.

Types of Energy Policies

In general, there are three types of policy tools that governments can utilize to promote renewable energy.

Renewable energy subsidies aim to reduce the cost of these renewables for companies and consumers.

Two common forms of subsidies are feed-in-tariff (FIT) programs, and government tax incentives.

Taxation policies aim to promote renewable energy by raising the cost of using fossil fuels.

Two common forms of taxation policies are carbon taxes, and cap and trade programs.

Direct regulation policies are the harshest form of energy policy. These polices can outright ban certain energy sources such as coal, or mandate that certain renewable sources must be included in the energy mix.

Two common forms of direct regulation policies are phasing out coal power, and renewable fuel standards.

EXAMPLES OF SUBSIDIES

Renewable energy subsidies aim to reduce the cost of these renewables for companies and consumers.

FEED-IN-TARIFF (FIT)

Renewable Energy Policies - Feed-in-tariff

TAX INCENTIVES

Renewable energy policy tax incentives

EXAMPLES OF TAXATION POLICIES

Taxation policies aim to promote renewable energy by raising the cost of using fossil fuels.

CARBON TAX

Renewable Energy Policy Carbon Tax

CAP AND TRADE

cap and trade rewnewable energy policy

EXAMPLES OF DIRECT REGULATION POLICIES

Direct regulation policies can outright ban certain energy sources such as coal, or mandate that certain renewable sources must be included in the energy mix.

PHASING OUT COAL POWER

Renewable Energy Policies

RENEWABLE FUEL STANDARDS

Renewable Energy Policies - Renewable Fuel Polices

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