Physical Sciences and Mathematics Commons^™

The Long-Term Effect Of State Renewable Energy Incentive Programs, Fred Bower

Journal of Environmental and Resource Economics at Colby

Abstract: Renewable energy is praised for its environmental benefits and long run energy savings, however, for the average consumer, the up-front cost of this infrastructure deters investment. On the Federal and state level, incentive programs have been implemented to break down these initial barriers and give easier access to renewable energy. Studies have shown that these incentive programs have been successful at the consumer level (Crago, 2014). What policy makers and government officials should maybe be more concerned with though, is the long-term effect of these programs. This paper will analyze the long-term effect of renewable energy incentive programs beyond …