Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Regulatory Policy
B
Economic Incentive Policy
C
Environmental Policy
D
Energy Security Policy
Understanding the Answer
Let's break down why this is correct
Answer
This approach is a renewable‑energy incentive policy that targets demand‑side behavior. By giving tax credits and rebates, the government lowers the cost of installing solar panels, making the investment more attractive to homeowners. The goal is to increase the share of renewable electricity in the grid by encouraging households to adopt solar technology. For example, a homeowner who pays $5,000 for panels might receive a $1,500 rebate, effectively reducing the cost to $3,500.
Detailed Explanation
The policy gives money back or lowers taxes for people who install solar panels. Other options are incorrect because Regulatory Policy means the government tells people what they must or must not do; Environmental Policy usually involves laws to protect nature.
Key Concepts
Energy Policy Analysis
Economic Incentives
Renewable Energy Promotion
Topic
Energy Policy Analysis
Difficulty
medium level question
Cognitive Level
understand
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