Second quarter data from the Energy Information Administration and the Solar Energy Industries Association came out this week and distributed solar continues its surging growth. Over 650 megawatts (MW) of new distributed solar capacity was grid connected between April and June, 10% of new power plant capacity.
Even more impressive than the steady growth each quarter is the portion of overall power plant capacity coming from solar each year. From January to June 2015, distributed solar accounted for 18% of new power plant capacity and solar as a whole represented nearly one-third. This continues the pattern of a growing share of new power capacity coming from customer rooftops!
The growth in distributed solar continues to expand the opportunity for electric customers to own a slice of their energy future, an economic windfall that could cumulatively shift as much as $48 billion from electric utilities to their customers in the next 10 years.