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• US state-level public benefit funds are limited and cannot meet the demand for incentives. (2004 demand = $150M; Incentives available = $90M) • Clean energy funds are at risk as states manage their budget deficits. • In most states and countries, incentives are scheduled to decline in value over the next decade. Solar costs are also expected to decline, once the present-day manufacturing and materials constraints are removed. The match between declining costs and declining incentives will have to be carefully managed. • Prudent business planning includes developing innovative, utility-driven strategies. • Regulators nationwide encourage utilities to include solar in energy resource portfolios. • Electric SUN strategy: maximize solar economic value from the utility’s economic perspective. Use solar as supply resource, not only as a retail energy service. |