If you’re considering whether going solar is a worthwhile financial move for your home, there are essentially two factors that you should look at: 1) the costs associated with solar power, and 2) the rates you pay for electricity from your utility. Going solar makes economic sense when solar electricity costs less than grid electricity.
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The electric grid brings power to every corner of the U.S., but the electricity flowing through the wires doesn’t come from the same sources everywhere. Depending on where you live, the electricity that makes its way to your property comes from different mixes of generating capacity, from fossil fuels like coal and natural gas to renewables like hydroelectric power, biomass, solar, and wind power.
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In this week’s Solar News Roundup, renewables account for all new generating capacity in April, and Massachusetts gets two new community solar + storage projects.
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In this week’s Solar News roundup, renewable energy is set to outproduce coal for the first time in April and May, and Tesla begins offering solar panel installations below market averages.
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