Engineering

Financial Incentives for Photovoltaics

Financial Incentives for Photovoltaics

Financial incentives for photovoltaics are incentives provided to electricity consumers to install and operate solar-electric generating systems, also often known as photovoltaics. A government may possibly offer incentives in order to encourage the PV industry to own economies of scale was required to compete where the price of PV-generated electricity is above the charge from the existing grid. Such policies are implemented in promoting national or territorial vitality independence, high tech employment creation and reduction of carbon dioxide emissions which cause global warming.