Skip to main content
USGS - science for a changing world

The impact of state tax credits and energy prices on adoption of solar energy systems

Dates

Year
1988

Citation

Durham, C.A., Colby, B.G., and Longstreth, M., 1988, The impact of state tax credits and energy prices on adoption of solar energy systems: Land Economics, v. 64, iss. 4, 9 p.

Summary

It is generally understood that the pattern of repeated expiration and short-term renewal of the federal production tax credit (PTC) causes a boom-bust cycle in wind power plant investment in the US. This on-off pattern is detrimental to the wind industry, since ramp-up and ramp-down costs are high, and players are deterred from making long-term investments. It is often assumed that the severe downturn in investment during "off" years implies that wind power is unviable without the PTC. This assumption turns out to be unsubstantiated: this paper demonstrates that it is not the absence of the PTC that causes the investment downturn during "off" years, but rather the uncertainty over its return. Specifically, it is the dynamic of power [...]

Contacts

Communities

  • Western Energy Citation Clearinghouse

Tags

Additional Information

Identifiers

Type Scheme Key
DOI WECC []

Citation Extension

journalLand Economics
parts
typePages
value9
typeVolume
value64
typeIssue
value4
citationTypeJournal Article

Item Actions

View Item as ...

Save Item as ...