Skip to main content

Colorado's solar industry continues to gather steam

Discontinued subsidies prove only part of the equation

Tuesday, Dec 18 2012

Share
Solar in the News

Aspen Business Journal

The solar industry continues to gather steam in Colorado, even as many subsidies have been changed or reduced.

Colorado was one of only five states to increase its third quarter photovoltaic (PV) solar portfolio more than 5 megawatts in the third quarter of this year, compared to last year’s third quarter, according to a report from the Solar Energy Industries Association (SEIA) and GTM Research released on Dec. 11. Overall, the U.S. solar PV market grew by 684 megawatts in the third quarter of 2012, 44 percent more than in the third quarter of 2011.

Neal Lurie, the Executive Director of the Colorado chapter of SEIA, attributed much of that growth mostly to reduced installation costs. Most of the growth appears to be coming from larger or third-party installations, especially after the changes to the Xcel Solar*Rewards program last year eliminated up-front rebates for residential solar PV installation.

Related News

Thursday, Mar 07, 2024

Leading the Charge: The Top 5 Solar States of 2023

Solar is coming off a landmark, record-shattering year in 2023. To celebrate this momentous year, SEIA is counting down the top five solar states of 2023 — all of which are positioning themselves as national leaders in America’s energy economy.

Read More
Tuesday, Mar 05, 2024

Solar Industry Statement on CPUC Community Solar Decision

SACRAMENTO, Calif. — This week the California Public Utilities Commission (CPUC) issued a proposed decision that rejects a plan to bolster the state’s community solar market and instead approves a utility-backed alternative. Following is a statement from Stephanie Doyle, California State Affairs Director for the Solar Energy Industries Association (SEIA): 

Read More
Thursday, Feb 15, 2024

California Lawmaker Introduces Bill to Repeal NEM 3.0 and Support the Rooftop Solar Market

Yesterday, Assemblymember Connolly introduced AB 2619, a bill that would direct the California Public Utilities Commission (CPUC) to amend its net metering program for solar customers in California. Following is a statement from Stephanie Doyle, California state affairs director at the Solar Energy Industries Association (SEIA) on this development.

Read More