Monday, March 15, 2010

Sunshine State solar energy funds burnt out

March 14, 8:28 PMOrlando Headlines ExaminerDavid Steiner
One of Florida’s most promising green energy markets may be on the verge of collapse. The state fund for subsidizing solar energy has run out, and statewide, solar energy companies are laying workers off. Currently, there are 149 licensed solar contractors in the sunshine state.The debate pushes on as legislators weigh the benefits of preparing for a green economy against the ongoing budget cuts to critical parts of our infrastructure such as schools, police, fire-rescue and highway departments. The 14.4 million dollar solar energy subsidy fund is in danger of not be renewed this year. It had been paying up to $20,000 for the installation of a residential system and up to $100,000 for business applications. As it stands, almost 8,000 people are waiting for their rebates, which will not materialize until the fund is replenished. continue to read full article: http://www.examiner.com/x-38254-Orlando-Headlines-Examiner~y2010m3d14-Sunshine-state-solar-energy-funds-burn-out

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