This sounds like a good idea: Better world: Generate a feed-in frenzy. The government guarantees a higher rate paid back for any electricity put onto the grid from renewable energy production at home. Not only is this an incentive to install solar (for example) at home, it’s potentially an incentive to install more capacity than you need to make money off the extra and help pay down the initial investment.
The government spending in this case would be in comparison to the fixed rebates we have now. The article indicates the feed-in tariff is more effective.
I firmly believe that solar panels on our roofs are the direction we need, and will, go. There are so many advantages. Energy production becomes decentralized and therefore less prone to failure. Reduction of energy loss during transmission.
We’re also seeing drastic drops in the price of panels. I hope to be ready for a solar installation in about 5 years and prices should have come down a lot more by then.