25 Sep '13, 10am

How an old concept can kickstart new US solar

How an old concept can kickstart new US solar

Clean energy advocates almost universally revere Germany, myself included. Oft-heard declarations include: "Did you know solar energy costs half as much in Germany as it does in the U.S.?" Well, I'm going to talk about Germany again, but this time the tagline is quite different. Germany may only install 3.9 gigawatts of solar in 2013 , down from 7.5 GW last year. That means the U.S. finally might install more solar in a single year than Germany. This decrease is largely attributable to a fundamental shift in the value proposition of solar in Germany. Understanding this dynamic provides perspective on perhaps the most contentious renewable energy topic in the U.S. today: net energy metering (NEM). With net metering, electric utilities provide credit to customers with solar PV systems for the full retail value of the electricity they produce. If a customer produces as much e...

Full article: http://www.greenbiz.com/blog/2013/09/25/old-concept-kicks...

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