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Solar Bait: How States Attract Solar Investments From Large Corporations, Jed J. Cohen, Levan Elbakidze, Randall Jackson
Solar Bait: How States Attract Solar Investments From Large Corporations, Jed J. Cohen, Levan Elbakidze, Randall Jackson
The Nature Conservancy
Past literature in solar adoption has focused primarily on households without significant attention to the potential of commercial properties as sites for solar generation. Herein we examine firms’ decisions to install solar panels on their properties using state-level data. We are interested in the effects of state-level characteristics, including policies and regulations, on firm decisions regarding solar investments. We find that state characteristics that influence the return-on-investment from solar installations, most notably solar intensity, are important for commercial adoption decisions. Further results suggest that certain state-level policies, in particular solar carve-outs in renewable portfolio standards, financing programs and tax breaks, …
Solar Bait: How U.S. States Attract Solar Investments From Large Corporations, Jed J. Cohen, Levan Elbakidze, Randall Jackson
Solar Bait: How U.S. States Attract Solar Investments From Large Corporations, Jed J. Cohen, Levan Elbakidze, Randall Jackson
Regional Research Institute Working Papers
Past solar adoption literature has focused primarily on households without significant attention to the potential of commercial properties as sites for solar generation. We examine firms’ decisions to install solar panels on their properties using state and firm level data from the U.S. We are interested in the effects of state level characteristics, including policies and regulations, on firm decisions regarding solar investments. We find that state characteristics that influence the return-on-investment from solar installations, most notably solar intensity, are important for commercial adoption decisions. Further, the results suggest that certain state level policies, including solar carve-outs in renewable portfolio …