Japanese Solar Panel Owners Sold $1.2 Billion Worth of Surplus potential Back to Grid Last Year

January 27, 2012 · Print This Article

Japanese home and business owners with solar ability installations sold 2,150 GWh of electricity back to their potential utilities last year, a huge 50 percent increase by the amount sold back to the grid in 2010.  The sellers collectively made a nice $1.2 billion off their surplus electricity.

The Japanese government has a feed-in-tariff scheme that requires the utilities to purchase the additional capability which was small beans compared to the

average 884,000 GWh of electricity that those utilities sell to customers per year.

The government is set to introduce even more subsidies for domestic renewable energy potential developers. The new scheme will include electricity from solar, wind, small hydroelectric, biomass and geothermal plants, but only solar panel owners with systems of 10 kW or less will still be able to sell their excess potential.

via Reuters


[Source] Cynthia


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