FERC Clarification Ruling clears path for state-level FITs
FERC has now provided a clear legal roadmap to apply worldwide best practices to state-level FIT design.
On October 21, the Federal Energy Regulatory Commission (FERC) issued an order on Feed-In Tariff (FIT) pricing that clears the path for state-level Feed-In Tariffs. The order validates the FIT Coalition’s longstanding position on FIT pricing and clears one of the last remaining roadblocks to enacting true, comprehensive FIT programs in the US. Make no mistake, this FERC ruling is a huge win for clean energy: FERC has now provided a clear legal roadmap to apply worldwide best practices to state-level FIT design.
To read the FIT Coalition press release on the announcement that explains how this bold FERC order works, click here. Greentech Media also has an excellent story on the issue. After reviewing the press release and news story, if you have further questions on the FERC ruling, please send an email to Info@FITCoalition.com and a team member will be in touch.