Georgia Governor Signs Solar Finance Bill Into Law

Posted by SI Staff on May 12, 2015 No Comments
Categories : Policy Watch

Gov. Nathan Deal, R-Georgia, has signed into law legislation that clears the way for homeowners and building owners to install rooftop photovoltaic power systems.

The Solar Power Free Market Financing Act (H.B.57) formally enables a range of financing and power purchase arrangements to promote the installation of PV generation systems, including third-party ownership. The law covers residential systems of 10 kW or less and commercial systems that do not exceed 125% of the host's annual peak demand.

The legislation also restricts the ability of utilities and electric service providers to prevent or otherwise interfere with the installation, subject to applicable codes, safety standards and interconnection requirements.

Calling the Solar Power Free Market Financing Act ‘an important victory for property rights supporters, as well as solar advocates,’ the Solar Electric Industries Association welcomed Gov. Deal's action.

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