Grid Parity is Like an Object in the Mirror
That is to say: ‘closer than it appears.’
Incentives for the residential California solar market are down to $0.35/W (down from $4.50), or about 4% of the average reported cost of a system.
June set a new record for the largest amount of new installations since the program began.
Grid parity–when solar can generate electricity at the same price as or lower than retail rates– is not something way off in the future. It’s more or less now.
Play around with the stats here.
Vote Solar is a non-profit grassroots organization working to fight climate change and foster economic opportunity by bringing solar energy into the mainstream.
photo: Wikimedia Commons.
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