Saturday, October 3, 2009

New bill on solar panels and alternative energy generation

Something caught my attention in the press this week, as good for the "man on the street" as well as for adventurours entrepreneurs: the announcement of coming regulation on alternative energy generation. 

If sanctioned, the new law will require that six months after its enactment any new sporting, health or hotel facility include solar panels for water-heating needs. 

Two years after sanctioning, the new regulation would require that industrial or agro-industrial facilities also use solar panels for water heating, and 3 years after it would cover all new swimming pools will have to be heated with solar panels only, with the exception of other renewable sources of energy.


Now the good part for the "man on the street": AT LAST, the bill would introduce tax exemptions, including import duty exemptions, for locally manufactured solar panels and for the parts/components involved in their manufacturing, and the same exemptions to imported panels that "do not compete with locally made panels" however that may be determined.

I know that in many developed countries alternative energy generation is subsidized at various levels by government entities, but here subsidies didn't exist until 5 minutes ago, the monopoly government-run energy and power utilities were ANTI alternative energy generation (it slowly chips away at their monopoly, that's how they see it) and it took much strong-arming from higher levels of the goverment to force them to ALLOW a private company or individual to even start generating for their own consumption. 


Not too long ago (could still be the case), the prices paid to large industrial generators who sell their surplus energy to UTE were BELOW the price paid by the same utility to import the natural gas required to make electricity. Government would force them to call a tender to award X number of watts to alternative generators, UTE would boicot the tender by disqualifying half the bidders. Etc.So finally things appear to be changing, thanks in great part to that big drought last year.

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