30 Jul '12, 7pm

Hawaii Drives Past Solar Power Cost Barrier, Surprised by Additional Roadblocks

Solar has crossed a major threshold in Hawaii. The state’s homes and businesses can cut their electric bills with unsubsidized solar power, but are also discovering that cheap solar is not a panacea. As the tide of solar costs has receded, a number of unexpected barriers have emerged . An island state reliant on imported oil for 83% of its electricity generation, Hawaii is fertile ground for solar power. The recent combination of rising oil prices and falling solar prices created a dramatic shift toward people generating their own electricity. With solar economics virtually unmatched in the U.S., Hawaii’s situation begs this question: when unsubsidized solar competes favorably with grid electricity, can anything stand in its way? Unfortunately, yes. Hawaii residents and businesses have unearthed the complexities of shifting from an electricity system where everyone is a co...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2012/07...

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