California Basking in Record Amount of Electricity from Solar

by
in science on (#2SKB)
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.

Re: Economics Still Not Quite There? (Score: 1)

by kwerle@pipedot.org on 2014-10-09 02:53 (#2T6C)

Probably a dead horse, but I wanted to mention that SolarCity has just announced a financing program whereby you own the panels and they will [fully] finance 'em. That way you own the panels for as little as $0 down - as much as you own anything with a mortgage.

Mostly this takes care of the transfer issue if you sell your house. I think there are also states that have issues with third parties owning parts of a home.

Again, not a lawyer, rep, etc.

http://www.solarcity.com/residential/mypower-solar-loan
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