Want proof that distributed solar is rapidly growing? Look no further than these two charts, showing how solar provided over a quarter of new power plant capacity in 2013 (6% from residential solar alone!) and 43% in the first half of … Read More
The coming of solar grid parity offers an opportunity for millions of Americans to go solar affordably. But it also means a potential transformation, a democratization of an electricity system long dominated by centrally-controlled utilities and centralized ownership and production … Read More
With the cost of solar continuing to fall rapidly (50% in the past five years) and electricity prices rising steadily, if slowly, the approach of solar grid parity is near. The following chart illustrates the trajectory of solar cost and … Read More
Minneapolis, MN —Within a decade, more than 35 million buildings may be generating their own solar electricity (without subsidies) at prices lower than their utility offers, sufficient to power almost 10% of the country.
That’s the powerful headline from the Institute for Local Self-Reliance’s latest report, Commercial Rooftop Revolution. Despite the opportunity, utilities, regulators, and policy markers are largely unprepared for the surge of local solar power.
Read the report, view the interactive map, and more
Although only 0.1% of electricity is generated by solar power in 2012; within a decade, 300,000 MW of unsubsidized solar power will be at parity with retail electricity prices in most of the United States and more than 35 million buildings may be generating their own solar electricity sufficient to power almost 10% of the country.… Read More
A new government investigation of Solarcity on the eve of its initial public offering (IPO) may explain how solar leasing is fleecing federal taxpayers and making U.S. residential solar more expensive than in other countries. The Treasury Department inspector general … Read More
Earlier this week, Lawrence Berkeley Labs released a marvelous comparison of residential PV costs in Germany and the United States, finally putting some detail to an enormous gulf in costs (nearly $3.00 per Watt). The following chart (from page 35 … Read More
Update 12/21/12: Corrected chart. Overhead and Sales Tax had been switched in the German data column. I often get flak when I publish research on the cost trajectory for solar (e.g. my Rooftop Revolution report estimates 100 million Americans reaching … Read More