Sunnydisposition:Fallingpricesfuelsolarboom
ThomasContent,MilwaukeeJournalSentinel
Published10:03p.m.ETNov.7,2016|Updated2:28p.m.ETNov.9,2016
Solarpowerappearstobeonthevergeofsomethingbig.
Recordsarebeingsetatthenationalandlocallevelswhenitcomestoaddingsolarpanels,andnewtechnologyannouncementshavefolksturningtheirheadsaboutturningtothesuntopowertheirhomes.
Buoyedbya63%dropinpricesoverjustthepastfiveyears,solarinstallationsarebeingbuiltataneye-poppingpace.
Considerthesemilestonesannouncedoverjustthepasttwoweeks:
•Thenumberofparticipantsinagroup-buyingsolarprogramhastripledsincethissummer,withatotalof52homesandbusinessesinMilwaukeeandShorewoodaddingsolarpanels.Thatmarksthelargestgroupbuyeverofthiskindinthestate.Theprogramprovidesdiscountsbybundlingsolarinstallations.
•DairylandPowerCooperativeunveiledaseriesofnewsolarprojectsthatarepushingitssolardeploymentinsideWisconsintonearly20megawatts.Asaresultofthatandotherprojects,morepanelswillbeaddedbetweenJulyofthisyearandtheendof2017thanwereinstalledstatewidepriortothatstretch.
•AnewforecastbytheU.S.EnergyDepartmentsaystheamountofsolarenergyproducednationwideispoisedtotriplebetween2014and2019.
•Nationally,solarinstallationsjumped45%inthefirsthalfofthisyearcomparedwiththesameperiodin2015.
•Cutting-edgetechnologycouldgivesolarpoweranevenbigger'wow'factor.ElonMusk,knownfordevelopingelectric-poweredTeslacarsandpushingforcommercialspacetravel,seesthepotentialforsolar-poweredrooftiles,suchasthosemadebyhiscompanySolarCity,thatresembleconventionalshingles.
'Ireallythinkit'sgoingtogettothepointwhereifyougetanormalroofit'ssortofodd,'Musk,founder/CEOofTesla,saidduringaninterviewlastweekonCNBC.'It'sgoingtobe:Ofcourseyougetasolarroofbecauseitlooksbetter,itlastslonger,it'sgotbetterinsulatingvalue,anditcostslesswhenyoufactorintheelectricityitgenerates.'
Wisconsinhasseenstopsandstartstoitssolardevelopment,asutilitiesreducedwhattheywouldpayforthepowerhomeswithsolarpanelsgenerateandasfundingofincentivesfromtheFocusonEnergyprogramhasbeenuneven.
Theprogramranoutofmoneyforincentives,butregulatorsrecentlyrenewedfundingthatwillenablehundredsmorehomesacrossthestatetoaddsolarpanelsinthenexttwoyears,accordingtoRenewWisconsin,anonprofitgroupthatsupportsrenewableenergydevelopment.
'Ifyou'velookedatsolarforyourhomeorbusinessinthepast,nowisagreattimetogetanewassessment,'saidTylerHuebner,executivedirectorofRenew.'Costscontinuetofall,FocusonEnergy'sprogramswillbefundedin2017,andelectricrateshavecontinuedtoriseoverthepastdecade.'
ThomasContent,MilwaukeeJournalSentinel
Published10:03p.m.ETNov.7,2016|Updated2:28p.m.ETNov.9,2016
Solarpowerappearstobeonthevergeofsomethingbig.
Recordsarebeingsetatthenationalandlocallevelswhenitcomestoaddingsolarpanels,andnewtechnologyannouncementshavefolksturningtheirheadsaboutturningtothesuntopowertheirhomes.
Buoyedbya63%dropinpricesoverjustthepastfiveyears,solarinstallationsarebeingbuiltataneye-poppingpace.
Considerthesemilestonesannouncedoverjustthepasttwoweeks:
•Thenumberofparticipantsinagroup-buyingsolarprogramhastripledsincethissummer,withatotalof52homesandbusinessesinMilwaukeeandShorewoodaddingsolarpanels.Thatmarksthelargestgroupbuyeverofthiskindinthestate.Theprogramprovidesdiscountsbybundlingsolarinstallations.
•DairylandPowerCooperativeunveiledaseriesofnewsolarprojectsthatarepushingitssolardeploymentinsideWisconsintonearly20megawatts.Asaresultofthatandotherprojects,morepanelswillbeaddedbetweenJulyofthisyearandtheendof2017thanwereinstalledstatewidepriortothatstretch.
•AnewforecastbytheU.S.EnergyDepartmentsaystheamountofsolarenergyproducednationwideispoisedtotriplebetween2014and2019.
•Nationally,solarinstallationsjumped45%inthefirsthalfofthisyearcomparedwiththesameperiodin2015.
•Cutting-edgetechnologycouldgivesolarpoweranevenbigger'wow'factor.ElonMusk,knownfordevelopingelectric-poweredTeslacarsandpushingforcommercialspacetravel,seesthepotentialforsolar-poweredrooftiles,suchasthosemadebyhiscompanySolarCity,thatresembleconventionalshingles.
'Ireallythinkit'sgoingtogettothepointwhereifyougetanormalroofit'ssortofodd,'Musk,founder/CEOofTesla,saidduringaninterviewlastweekonCNBC.'It'sgoingtobe:Ofcourseyougetasolarroofbecauseitlooksbetter,itlastslonger,it'sgotbetterinsulatingvalue,anditcostslesswhenyoufactorintheelectricityitgenerates.'
Wisconsinhasseenstopsandstartstoitssolardevelopment,asutilitiesreducedwhattheywouldpayforthepowerhomeswithsolarpanelsgenerateandasfundingofincentivesfromtheFocusonEnergyprogramhasbeenuneven.
Theprogramranoutofmoneyforincentives,butregulatorsrecentlyrenewedfundingthatwillenablehundredsmorehomesacrossthestatetoaddsolarpanelsinthenexttwoyears,accordingtoRenewWisconsin,anonprofitgroupthatsupportsrenewableenergydevelopment.
'Ifyou'velookedatsolarforyourhomeorbusinessinthepast,nowisagreattimetogetanewassessment,'saidTylerHuebner,executivedirectorofRenew.'Costscontinuetofall,FocusonEnergy'sprogramswillbefundedin2017,andelectricrateshavecontinuedtoriseoverthepastdecade.'
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