Showing posts with label Economic Impact Solar. Show all posts
Showing posts with label Economic Impact Solar. Show all posts

Home Panel Solar Politics








After recently reading a New York Times article, we started thinking about home panel solar politics. You see, although solar power is gaining popularity as a renewable energy solution for home, it will never become mainstream without the backing from the federal government.
A poll by the Nuclear Power Industry revealed that the number one choice for generating power was not from nuclear, coal or natural gas, but from solar energy. However, at the time the poll was taken solar only provided for about 0.01 percent of America's power supply. Solar power is popular, but there's not enough investment!

In Washington, where the energy policies are signed, solar power lobbyists generally work with small budgets in the tens of thousands of dollars. Now when you compare it to the tens of millions of dollars that nuclear, coal, gas and oil lobbyists have available, you can only guess which energy policies gain approval by our beloved politicians.

Solar Energy Costs and Economic Impact






According to a global price survey, solar energy prices have declined an average of 4% per year for the past 10 to 15 years. There is a progressive increase in conversion efficiencies of cells, and manufacturing economies of scale are the underlying drivers of this price decrease. The Solarbuzz Global Price survey clearly indicates that prices have consistently declined for over the last two years.

A detailed analysis of the worldwide photovoltaic market is present in on the the leading industry reports, the Market Buzz 2009. A residential solar energy system typically costs about $8-10 per Watt in 2009. When government incentive programs exist, and coupled with with lower prices secured through volume purchases, installed costs for solar panels can become as low as $3-4 watt - or some 10-12 cents per kilowatt hour can be achieved. Without incentive programs, solar energy costs range between 22-40 cents/kWh for very large PV systems.