Showing posts with label Baker Administration. Show all posts
Showing posts with label Baker Administration. Show all posts

July 15, 2015

Baker Seeks to Curb Solar Speculators. Administration Tinkers with Auction Rules for Subsidies in Massachusetts

The Baker administration, which favors keeping a cap in place on one solar subsidy program, is now tinkering with another solar price support.

State officials say they plan to change the way a key solar subsidy is auctioned to curb price speculation by hedge funds and Wall Street firms. Judith Judson, the commissioner of the state Department of Energy Resources, estimates the changes in auction rules will save electricity ratepayers at least $20 million a year.