LBNL_PV_Pricing_Final_Dec 2014.pdfInstallations of solar photovoltaic (PV) systems have expand
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Continuing its strong growth, the United States installed 1,354 megawatts (MW)[i] of solar photovoltaics (PV) in Q3 2014, up 41 percent over the same period last year. The numbers come from the latest edition of GTM Research and the Solar Energy Industries Association's (SEIA) U.S. Solar Market Insight Report, released today. According to the report, Q3 was the nation's second largest quarter ever for PV installations and brings the country's cumulative solar PV capacity to 16.1 gigawatts (GW), with another 1.4 GW of concentrating solar power (CSP) capacity.
Utilizing a unique dataset from the residential PV market in Texas, the authors construct a financial model based in part on an NREL model that calculates the expected lifecycle costs and revenues of PV system ownership for the residential buying
Several states are currently addressing the issue of net metering program caps, which limit the total amount of net metered generating capacity that can be installed in a state or utility service territory.