Section 25 of the federal residential Investment Tax Credit drops to zero on Jan. 1, 2017 -- a short 13 months from now. Effectively, the after-incentive selling price to residential homeowners will go up by 30 percent. A typical 5-kilowatt system at $4 per watt will increase in price from $14,000 (with the 30 percent ITC) to $20,000. It doesn’t take a degree in economics to conclude that residential sales will plummet.
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SEIA is the solar energy industry’s go-to source for the latest coverage on solar power, including U.S. and international policy, research and polls, business and financing trends, and more. Our staff strives to support the media covering solar energy issues and guide our members on effective media outreach with clear statements, background materials, news and multimedia resources.
SEIA is committed to informing policymakers, the media, and the American public about the benefits of solar energy for today’s communities, our economy, and our country.
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Every week, The SEIA Solar Update includes top news stories covering the solar industry, major upcoming events, policy updates, and much more. This newsletter is open to SEIA Members and to the general public.
The Solar Energy Industries Association (SEIA) applauded the commitments made today at the White House National Community Solar Summit to increase access to solar energy for all Americans. Following this morning's announcement by White House officials and Department of Energy Deputy Secretary Elizabeth Sherwood-Randall, SEIA President and CEO Rhone Resch issued the following statement:
The Solar Energy Industries Association (SEIA), the national trade association for the U.S. solar energy industry, announced today that Mortenson Construction, one of the largest construction firms in the United States, has joined SEIA’s board. Senior Vice President, Jim Yowan, will serve as a director.
Continuing on its record-breaking trajectory, the United States solar industry surpassed 20 gigawatts (GW) of total operational solar photovoltaic (PV) capacity during the second quarter of this year. According to GTM Research and the Solar Energy Industries Association’s (SEIA) Q2 2015 U.S. Solar Market Insight Report, the U.S. installed 1,393 megawatts[i] of PV last quarter, showcasing both annual and quarterly growth.
In response to Gov. Rick Snyder's (R-Mich.) announcement today, pledging compliance with the Environmental Protection Agency’s Clean Power Plan, Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), released the following statement:
Solar industry leaders commended today's decision by the Colorado Public Utilities Commission (PUC) to leave the state's net metering policy unchanged, calling it a "fair outcome" for the state's consumers, utilities and solar industry.
President Announces New Policies to Remove Barriers to Clean Energy Drawing Strong Support from Solar Industry
In response to the President's planned remarks to expand markets for solar energy and energy efficiency in Las Vegas tonight at Sen. Harry Reid's Clean Energy Summit, Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA) released the following statement:
Boosted by its exploding popularity on Facebook, the Solar Energy Industries Association’s (SEIA) social media efforts have been recognized as some of the best in the nation, according to the 2015 Social Media Report published by Association TRENDS.
Following their collaboration on a 148.5 MW utility-scale solar project earlier this year, SunLink Corporation has been selected as the project partner for a 112.7 MW solar PV portfolio project under development in the southeastern United States by Blattner Energy, a power generation contractor and leading provider of renewable energy construction in North America.
SunPower said that it would be offering a new ‘Performance’ (P) Series module developed by Cogenra Solar, which it said it acquired earlier in 2015.
Alabama Power awarded Strata Solar the engineering, procurement, and construction contracts for the sites. Installation is expected to begin early next year.
An Arizona federal District Court overrode the Salt River Project (SRP) request to prevent SolarCity’s legal challenge to the public utility's new demand charge for solar owners, ruling the lawsuit could move forward. SolarCity is seeking an injunction against the costs imposed earlier this year that the solar company says has caused a 50-95% drop in the local solar market.
In a series of recent updates, Sunrun announced more evidence that it is expanding — and rapidly.
In a new report, the Department of Energy (DOE) has highlighted the success of the Loan Programs Office’s solar projects, saying that since it financed its first five utility-scale projects in 2011, 17 additional projects have come on line without the use of loan guarantees. The report coincides with today’s dedication ceremony of Desert Sunlight, a 550-megawatt (MW) solar project in Riverside County, California.
Recently, I met with several Senators and other legislators to discuss the solar industry. The vast majority of them do not know that there is strong bipartisan support for solar. In the run-up to 2017, it is vital that every legislator knows people of all political persuasions support solar.
Is there a correlation between oil prices and solar stocks? The answer is no, even though you’d never know that by looking at the stock market.
As expected, the U.S. International Trade Commission today upheld the imposition of tariffs against Chinese and Taiwanese solar products, as part of a 2014 investigation into allegations of unfair trade practices. While it was the news we expected, it was not the news we wanted.
With the 30 percent solar Investment Tax Credit (ITC) set to expire at the end of 2016, we need to dramatically step up our efforts to shine a bright light on the amazing success of solar energy in America. Next week, with the new Congress just sworn in, these efforts will begin in earnest.
People in Washington love to talk about an “all-of-the-above” national energy strategy. But usually that’s “code” or “political speak” for efforts to increase drilling around the United States. To its credit, the American Petroleum Institute (API) released a new, comprehensive report today, which gives us a look into how an “all-of-the-above” approach, including renewables, is working.
This post also appeared on Renewable Energy World. Click here to view
Any way you look at it, the sun continues to shine brightly on America’s solar energy industry.
Getting homeowners to go solar is difficult - to say the least. It's expensive and time-consuming, and it's hard to predict who will go solar and why. We've been working on reducing this cost and clearing up the mystery.
After more than five months of listening to both pros and cons, the Environmental Protection Agency (EPA) has finally closed the public comment period on its proposed plan to cut carbon emissions from power plants. Now it’s time for the EPA to make a good plan even better.
Under the leadership of Governor Deval Patrick, who leaves office in early January, Massachusetts has become a national leader in the deployment of solar energy.