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France Puts Renewable Energy Plans On Hold

December 11th, 2010 Posted in News

Many residents and solar energy companies in France were disappointed to learn that a mandatory halt on installations was put in place. Although the announcement definitely was bad news for those looking to have their homes outfitted with solar panels, the new regulations put in place can actually save them money. French officials have been closely examining the steep rise of solar megawatt usage from 2009 to 2010, and regulators simply cannot see how the industry will survive if it continues at the same pace. As of now, solar installation companies will have to stop work on residences and private run businesses. Members of the solar energy industry have argued with officials, and demanded that the mandatory halt be cut in half. They contend that large amounts of money will be lost and workers will be without work if the extreme measure lasts for four months.

As more and more countries jump on the solar energy bandwagon, France shows that too much of a good thing can be bad, even if it is good for the environment. While everyone wants to cut their energy bill, utility companies will not be able to stay in business if they end up paying consumers for the renewable energy that is sold back to them instead of selling electricity. Perhaps it is time for utility companies to look into solar lease programs that will enable them to research the merits of switch over to a completely solar powered energy grid. For whatever reason, utility companies that use coal, gas and oil fueled power grids have been resistant to the idea of using solar energy instead. There may be strict contracts and other details that the public at large is not privy to, but as residences continue to turn to solar energy, it will be an uphill company for utility companies.

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