A Review of Emerging State Finance Tools to Advance Solar Generation

This guide explores several of the most promising financing mechanisms that can be integrated into renewable portfolio standard (RPS) programs: solar-specific provisions, feed-in tariffs, and market-based auctions. These mechanisms, if designed smartly, can allow states to build solar market with programs that are economically efficient, reward solar system performance, drive cost reductions, allow for program continuity, advance market transformation, and avoid rebate dependency.