Subscribe to our free daily newsletters
  Solar Energy News  

Subscribe to our free daily newsletters

Solar power getting cheaper in the United States
by Daniel J. Graeber
Washington (UPI) May 19, 2016

disclaimer: image is for illustration purposes only

The cost of installing solar energy in the United States is down more than 50 percent since the start of a federal support program, the Energy Department said.

The federal government is supporting solar development through its SunShot initiative, which aims to make the renewable technology competitive. The program aims to move solar power capacity from less than 1 percent of the national electricity supply to 14 percent by 2020.

In a progress review, the Energy Department said it was about 70 percent on its way to reaching its goals. Solar power accounts for about 1 percent of the total electricity consumed in the United States, but represented 30 percent of the new power generation brought online last year.

Energy Secretary Ernest Moniz said that, under the program, solar power is becoming an integral part of the nation's grid.

"The U.S. has over 10 times more solar installed today compared to 2011 when the SunShot Initiative was first launched, and the overall costs of solar have dropped by 65 percent," he said in a statement.

Among the challenges identified in a study series, the Energy Department said integrating solar power into the grid is complex because, in order to maintain an effective market balance, utility system operators would need to favor one source of supply over the other. That could reduce the value and competitiveness of solar power.

For homeowners, meanwhile, federal studies find the technology may still be out of reach. The costs for consumers, however, could go down by up to 60 percent if the industry adopted finance methods that were similar to buying an expensive appliance or installing a new roof.

One of the main challenges outlined in an April report from the Energy Department is how to incorporate small-scale projects like rooftop solar panels into the grid.

Nevertheless, an April report from the International Energy Agency found new electricity generated from solar power saw its largest growth rate in the Americas than in other major economic regions.

Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once

credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly

paypal only


Related Links
All About Solar Energy at

Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks DiggDigg RedditReddit GoogleGoogle

Previous Report
New technique could make large, flexible solar panels more feasible
University Park PA (SPX) May 19, 2016
A new, high-pressure technique may allow the production of huge sheets of thin-film silicon semiconductors at low temperatures in simple reactors at a fraction of the size and cost of current technology. A paper describing the research by scientists at Penn State University publishes on May 13, 2016, in the journal Advanced Materials. "We have developed a new, high-pressure, plasma-free ap ... read more

Alkol Biotech sells large batch of sugarcane bagasse for 2G ethanol testing

Industry Weighs in on Green Aviation Tech

Berkeley Lab scientists brew jet fuel in 1-pot recipe

UNT researchers discover potential new paths for plant-based bioproducts

Robots get creative to cut through clutter

Hybrid hydrostatic transmission enables robots with human-like grace and precision

Artificial intelligence replaces physicists

China's Midea makes takeover offer for German robotics firm

Argonne coating shows surprising potential to improve reliability in wind power

SeaPlanner is Awarded Contract for Rampion Offshore Wind Farm

British share of renewables setting records

DNV GL-led project gives green light for wind-powered oil recovery

Ex-Googlers rev up plan for self-driving trucks

Waze squeezes into Uber's lane with carpool feature

Tesla raising cash to fund accelerated production

Innovative traffic interchanges help drivers avoid crashes, save lives

Technique improves the efficacy of fuel cells

Enhancing lab-on-a-chip peristalsis with electro-osmosis

Researchers integrate diamond/boron layers for high-power devices

Speedy ion conduction clears road for advanced energy devices

Delay to NuGen nuclear power plant in England

Hollande renews support for EDF nuclear project in Britain

Rosatom Ready to Start on Iran's New Nuclear Reactors

AREVA awarded decontamination contract for Grafenrheinfeld Power Plant

Changing the world, 1 fridge at a time

Could off-grid electricity systems accelerate energy access

EU court overturns carbon market free quotas

Global leaders agree to set price on carbon pollution

US must step-up forest pest prevention

Californian sudden oak death epidemic 'unstoppable'

Amazon rainforest responds quickly to extreme climate events

Old-growth forests may provide buffer against rising temperatures

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement