31 Jul '13, 4pm

New #solar energy index ranks yields on residential solar investment

New #solar energy index ranks yields on residential solar investment

Connecticut, New York and Massachusetts now outrank California, Arizona and New Mexico in the amount of money each ray of sunlight can generate for homeowners, according to a new analysis of rooftop solar from Geostellar , developers of a marketplace for connecting homeowners with installers of residential solar power systems. Geostellar says its new Geostellar Solar Index, which it plans to update quarterly, measures and compares the profitability of investments using solar radiation data, electricity rates and financial incentives for residential solar from governments and utilities. Ratings for each state plus Washington, D.C., are expressed as percentages representing the internal rate of return (IRR) - the percentage of an investment in a photovoltaic power system that can be expected annually over a 25-year operating life. Geostellar's ranking for the third quarter o...

Full article: http://www.solarindustrymag.com/e107_plugins/content/cont...

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