California Basking in Record Amount of Electricity from Solar
The modern era of solar electricity got under way in 1954 as Bell Laboratory scientists unveiled a "solar battery" made from silicon that was used to power a toy Ferris wheel and a radio. In recent years, solar has boomed as costs have declined and government policies have favored a renewable energy source that can help combat climate change.
California's solar energy generation hit a record earlier this year, accounting for 6 percent of energy from the California Independent System Operator, which manages the bulk of the state's flow of electricity. Last year's growth in solar capacity was greater than all earlier years combined. The state backs solar through financial incentives and a law that requires utilities derive 33 percent of their energy from renewable energy sources by 2020.
Good news for responsible energy generation.
California's solar energy generation hit a record earlier this year, accounting for 6 percent of energy from the California Independent System Operator, which manages the bulk of the state's flow of electricity. Last year's growth in solar capacity was greater than all earlier years combined. The state backs solar through financial incentives and a law that requires utilities derive 33 percent of their energy from renewable energy sources by 2020.
Good news for responsible energy generation.
Batteries will be cheaper when Elon finishes the GigaFactory - but that's no reason to wait for solar - just for the batteries. Like a big battery. .. payback in 4-7, leaving you with more than 20 years of profit. Unless you plan on moving in the next 4-7, in which case things get a bit murky. I think the general population does not yet appropriately value panels on the roof of the house they're buying. Next point... So this is the bottom line: you would rather pay your electric company to continue business as usual instead of lowering your energy costs and (if you care) carbon footprint by getting panels installed for free on your roof.
Seriously. WTF?