SOLAR AND UTILITIES SHAPE EACH OTHER

SEPA Analysis Identifies Major Trends in Growth of U.S. Solar Generation Market; First Quarter of 2014 Shows 229 Percent Year-Over-Year Jump in Utility-Scale Installations

July 28, 2014 (Solar Electric Power Association)

“…[There was] a 49-percent growth in the utility-scale solar market in the United States from 2013 to 2014…[and total] accumulated solar capacity now stands at 10.7 gigawatts (GW) at more than 475,000 locations across the county [according to the seventh annual Utility Solar Trends report from the Solar Electric Power Association (SEPA)]…[It describes three important] market drivers…[1-Key] issues of customer compensation and rate design – that is, net metering, value of solar and customer fees – have come to the fore as utilities and, solar industry and consumer stakeholders seek fair and cost-effective paths toward increased levels of distributed solar adoption. Solutions will differ across states and utilities…[2-Utility] solar is now the industry’s largest market segment. But uncertainty has emerged…as utilities close in on meeting state-mandated renewable energy standards and developers anticipate the step-down of the federal investment tax credit coming in 2017…[3-Utilities] are in the early phases of developing new and innovative solar options…” click here for more

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