22 Apr '12, 9pm

US Solar Market exploding and will be largest market in the world within five years

US Solar Market Will Explode within Five Years April 20, 2012 NEW YORK , April 20, 2012 /PRNewswire/— Within the next five years solar energy in a large portion of the US will be cheaper than power from the grid. Costs of solar panels and installation keep moving down, while the transportation costs of electricity move up. When solar power reaches the ‘holy grail’ of grid parity the solar market in the US will boost, and a sleeping giant will awake, experts predict. “The awakening of the US solar market will be driven by grid parity within each region. Federal incentives provide a good foundation for the expansion of the solar industry but state-level incentives are still needed to truly make solar energy competitive in each regional market. Over the next five years we believe that solar power will reach grid parity in a large portion of the US market, thus opening up the ...

Full article: http://www.greentechmedia.com/industry/read/us-solar-mark...

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