There are currently 11 state buy-down programs for renewable energy technologies, all of which have been initiated within the past several years. Nearly all of these programs are funded by public benefits funds and administered by the state’s energy office, third-party fund administrator, or individual utilities. All of the buy-down programs fund PV installations, with several states targeting PV exclusively. About half of the programs also support wind technology development. A few programs include solar thermal systems or fuel cells as eligible technologies. Nearly all of the buy-down programs are available to residents and businesses. In addition to.
