Tag: PV

Why Solar Is Likely To Power The Home Of The Future | The Verge

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Right now in America, there are about 2 million homes with solar panels. Considering there are about 90 million single-family homes, that doesn’t seem like a lot. But consider this: we’re now on track to start adding a million new solar-powered systems each year. It’s taken a while to get here, but solar is increasingly becoming a popular option to power the Home of the Future. The number of homes with solar “will tick up pretty quickly,” says Justin Baca, vice president of markets and research for Solar Energies Industries…

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Rooftop Solar Could Save Utilities $100 To $120 Per Installed Kilowatt | Ars Technica

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When you install rooftop solar panels, the electricity you create cuts into the amount of electricity the utility must provide to meet your needs. Add up the reduced demand of all the homes with solar panels, and you’ve got a pretty sizable amount of electricity that’s no longer needed. Lower wholesale prices “should ultimately reduce consumers’ costs through lower retail rates,” the researchers write (although whether and how those savings get passed on to retail customers is not discussed in the paper). The paper is location-specific and draws on historical…

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