UCLA Devises New Energy Policy
J.R. DeShazo, the director of the Luskin Center for Innovation, in conjunction with other UCLA colleagues, has come up with a new energy policy for LA. Included is a "feed-in tariff," that encourages residents to install solar systems. Already in place in Germany, Europe, Vermont and Florida, the system allows those that do to sell excess energy back at above market level.
To accomplish this, rates would be 2.7 cents more/kwh with 0.7 cents going to a lockbox that funds energy efficiency and the solar power feed-in. Mayor Antonio Villaraigosa claims that 8,000 new jobs would be generated over the next 10 years once the program is initiated.
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Posted by Sheila Franklin at March 22, 2010 8:50 AM