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Solar Power Grows 400 Percent in Only 4 Years

RATE THIS! +10
Posted in Business on 28th Apr, 2014 12:22 AM by AlexMuller

Driven by an explosion in photovoltaics, the U.S. solar sector has emerged "from a relatively small contributor to the nation's total electric capacity into a one of comparative significance." Solar Power has Grown 400 Percent in Only 4 Years, the Energy Information Administration reported this week in its latest Electricity Monthly Update.

 
Since 2010, EIA said, U.S. solar capacity increased 418 percent from 2,326 megawatts, accounting for 0.2 percent of total U.S. electric generation, to today's 12,057 MW, or 1.13 percent of U.S. generation.
 
More than half of that additional capacity, 5,251 MW, has been installed by home and business owners participating in utility net metering programs that allow owners of solar systems to sell excess capacity back to their local utility at retail rates, according to EIA.
 
California has the largest net metered solar capacity, with 38 percent of the U.S. total, but Eastern states such as Massachusetts and New Jersey also have significant amounts of net metered solar energy, the agency said.
 
Utility-scale PV applications, defined as systems with 1 MW or more of capacity, have also expanded significantly and currently account for 5,564 MW, according to EIA. Such systems generally are designed to generate power for wholesale markets.

Tags: solarsolar energyrenewable energyclean energyphotovoltaic

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Comments

Author: Guest
Posted: 2014-06-23
+0
The only way to get anywhere close to a fair eittsame is to actually call up a solar installer in your area, and get a free quote. The price depends vastly on your energy usage, and your location. Two houses can be neighbors, and one can use 20 times as much electricity.Solar hot water costs $4-6k, after which you may get some rebates or credits.Solar electricity costs $6k and up, after which you may get rebates or credits. A typical system, if there is such a thing, is several times that size, and it is not unheard of to have a system 20 times that large. Reply


 

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