Landmark Solar Milestone
Million Solar Strong
May 3, 2016 (Solar Energy Industries Association)
“The adoption of solar energy in America has reached a new height of 1 million installations nationwide…[It] is the product of American innovation and ingenuity…[and] the result of consumers, policy leaders, advocates and an industry of over 200,000 workers…A combination of factors have allowed solar to scale from just 1,000 installations in 2001 to over a million today...Installation costs have dropped by more than 70% over the past decade, led by more efficient panels that are 66% cheaper than just 5 years ago…[Also crucial was the] predictability of the long-term 30% federal investment tax credit enacted in 2008 and extended in 2015 through 2021…[In addition, state] policies like net-metering and renewable portfolio standards provided stable policy environments that allowed solar to break into markets and thrive…” click here for more
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