Solar-energy companies: LIPA cap hurts business
Photo credit: Newsday/Thomas A. Ferrara | Power lines are seen in Centereach. (Dec. 11, 2012)
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Large companies that install residential solar-energy systems say a new LIPA restriction limiting the amount individual contractors can apply for in solar system rebates each month will hobble a growing market.
LIPA a week ago announced a new $75,000 monthly cap on the amount individual contracting companies could apply for in LIPA rebates to offset the cost of systems.
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