With the cost of solar power plunging and retail electric prices rising, 100 million Americans in the nation’s largest cities will be able to “go solar” for a lower price than grid electricity in the next ten years. Seizing this opportunity requires rethinking electricity policy and planning even while solar produces less than 1% of the … Read More
Within ten years, 100 million Americans in the nation’s largest cities will be able to get cheaper electricity from rooftop solar than their utility provides. That’s just the opening salvo from a new report from the Institute for Local Self-Reliance. “Rooftop Revolution: Changing Everything with Cost-Effective Solar,” not only illustrates the enormous, emerging potential for local solar power, but also describes how the rules of the electricity system must change now for the electricity system to be ready for the decade’s energy democracy opportunity.… Read More
Grist, March 14, 2012 Get a load of this: Nearly 100 million Americans could install over 60,000 megawatts of solar at less than grid prices – without subsidies – by 2021. That’s from a new report by John Farrell at the Institute for Local Self-Reliance called “Rooftop Revolution: Changing Everything with Cost-Effective Local Solar.” It’s about … Read More
A new report released today by the Institute for Energy and Environmental Research shows that Minnesota can meet 100% of its electricity needs with in-state wind and solar power, and (with ample energy efficiency investments) at a comparable cost to its existing electricity supply. The notion that solar and wind energy cannot be the mainstay of … Read More
If you care about the future of the American renewable energy industry, you need to learn what the Internal Revenue Service (IRS) calls “passive activities.” Because these important rules mean that as long as the U.S. relies on the tax code to provide renewable energy incentives, renewable energy can only grow as fast as Wall Street … Read More
Update 3/9/12:Turns out I would be a lousy tax attorney and that the form of tax credit does not affect the passive loss rules. What if a small change in federal renewable energy policy could make community wind development easier? Last month, President Obama’s Treasury Department released proposed reforms to a number of business taxes including … Read More
Update 4/6/12: The increased cost of a home built to the 2012 code in Illinois will increase the home’s cost by $1500 (~$6 a month) but save $33 per month in energy costs. In energy policy, lawmakers often prefer carrots to sticks because it minimizes the opposition. But mandatory rules, like building energy codes, can save … Read More
In a New York Times SundayReview piece last week – Drawing the Line at Power Lines – Elisabeth Rosenthal suggested that our desire for clean energy will require significant tradeoffs: There are pipelines, trains, trucks and high-voltage transmission lines. None of them are pretty, and all have environmental drawbacks. But if you want to drive your … Read More
Update 3/27/12: added clarification to text and chart that prices include federal tax incentives If the cost of electricity were the only factor in energy discussions, we’d probably have a lot more coal and a lot less renewable energy. But the truth is that renewable energy can compete on cost and distributed renewable energy has a … Read More
