Reply #1: Solar PV in Japan owes its recent rapid growth to strong policies promoting its adoption. [View All]

[Kolesar]

For example, the government covers up to 35 percent of a home PV system’s installation costs. A requirement that utilities pay homeowners a premium for electricity fed back into the grid by renewable energy systems -- known as a feed-in tariff or FIT -- makes residential PV even more attractive. Begun in mid-2009, Japan’s FIT rate for PV is about twice what a resident would normally pay for a kilowatt-hour of electricity. Moreover, with technology improvements and further installations under the national PV 2030+ initiative, the government aims to make solar PV among the cheapest electricity options available.


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