Update 8/11/11: While maximizing solar in DC shifts $267 million in electricity payments from the utility to local solar panels, the cumulative electricity cost savings over 25 years amounts to $1.6 billion for ratepayers by shifting to solar power. For many years the citizens of Washington, DC, struggled for the basic right to elect their own … Read More
From the ability to reduce peak demand on the transmission and distribution system, hedge against fuel price increases, or enhance grid and environmental security, solar power has a monetary value as much as ten times higher than its energy value. The cost of residential-scale distributed solar PV is around 23 cents per kilowatt-hour (kWh) in a … Read More
Yesterday we discussed the spread of solar carports in California, highlighting the Milpitas School District’s 14 distributed solar PV arrays. According to a news story, the district anticipates savings of $12 million over 25 years from the projects, which were financed by a power purchase agreement with Chevron Energy Solutions. But would the district have been … Read More
