Largest-ever study quantifies the value of rooftop photovoltaics on homes that sold across eight states and 12 years
Berkeley, CA— A multi-institutional research team of scientists led by the U.S. Department of Energy’s Lawrence Berkley Laboratory (Berkeley Lab), in partnership with Sandia National Laboratories, universities, and appraisers found that home buyers consistently have been willing to pay more for homes with host-owned solar photovoltaic (PV) energy systems —averaging about $4 per watt of PV...Read More
Berkeley, CA — Differences in local market conditions and policies, and other factors, particularly the size of the system, can lead to wide disparities in what consumers across the United States pay to install solar energy systems on their homes or small businesses, according to a recent study published by the Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab). This translates into thousands of dollars difference in the price of comparable solar energy systems around the U.S....Read More
Solar Energy prices see double-digit declines in 2013
Posted October 21, 2014
An article in Commodities Now features findings from the Photovoltaic (PV) Pricing Trends: Historical, Recent, and Near-Term Projections (2014 Edition) report. The report was jointly written by authors from Nartional Renewable Energy Laboratoy (NREL) and Lawrence Berkeley National Laboratory (LBNL).
To see the full article, click here.
To see the full report, click here.Read More
Andrew Satchwell, lead author of LBNL's Financial Impacts of Net-Metered PV on Utilities and Ratepayers: A Scoping Study of Two Prototypical U.S. Utilities report, was recently interviewed by Dave Becker of Nevada's NPR affiliate. To listen to the recording, click here.
To see the report and a summary briefing, click here.
A webinar of key findings from the report will be conducted on Thursday, October 9th at 10:00 am Pacific Time. Register for the webinar here.Read More
Posted on September 23, 2014
It's an accepted fact that the cost of solar has been continuously declining for the past several years. Many people, however, only have a vague understanding of this and do not necessarily know the exact costs and how much they have declined.
A new study from the Department of Energy’s Lawrence Berkeley National Laboratory, details just how much costs have declined up through 2013, as well as the first half of 2014. By looking at data from 1998-2013, and initial data...Read More
California is About to Give SolarCity a Helping Hand
By Reuben Brewer
Posted on September 10, 2014
According to the California Assemblyman Al Muratsuchi it can take 65 days to install solar panels, "of which 64 of those days are spent wading through the local bureaucracy to get the necessary permits and approvals." That's why he sponsored a bill that will streamline the process and make installing solar on homeowners' rooftops quicker and more affordable.
Reducing costsSolarCity, the country's largest...Read More
Alt Energy Rises...Again
By Bill Tucker
Posted on September 16, 2014
Tucker writes: "wind is very quietly reminding us that it is a friend with some nice benefits.
While fracking has dominated the conversation, wind energy is getting cheaper and we are increasingly relying on wind as a source of power. The Lawrence Berkeley National Laboratory published a study last month showing that since 2007, wind power has accounted for a third of country’s new electrical capacity. The report makes the bold...Read More
On September 18th, the White House announced executive actions and commitments to combat climate change. President Obama's announcement highlighted the release of the three new studies by the U.S. Department of Energy and Lawrence Berkeley National Laboratory.
To see the official White House announcement, click here.
The announcement was also covered by USA Today and Breaking Energy.
To see the USA Today article, click here. To see the Breaking Energy article, click here.Read More
Federal report shows how solar panels may hit utilities’ profits
David R. Baker
Published: Friday, September 26, 2014
For years, utility executives have watched the rapid spread of rooftop solar power with trepidation, seeing a potential threat to their profits.
A new federally funded report suggests that it’s not an idle fear.
Rooftop, photovoltaic, or PV, solar could cut utility earnings by as much as 15 percent, according to the report from Lawrence Berkeley National Laboratory. It could also...Read More
Impacts to utility shareholder earnings and return on equity can vary greatly, and can be mitigated through a range of measures
Berkeley, CA—A new report prepared by analysts from the U.S. Department of Energy's Lawrence Berkeley National Laboratory (Berkeley Lab) examines the potential impacts of customer-sited solar photovoltaics (PV) on electric utility profitability and rates. The report, entitled Financial Impacts of Net-Metered PV on Utilities and Ratepayers: A Scoping Study of Two...Read More