WASHINGTON, D.C. - Following is a statement by Sean Gallagher, vice president of state affairs for the Solar Energy Industries Association (SEIA), in response to the energy bill the Connecticut Senate passed this week:
Cutting costs has been the key to solar’s rapid expansion this decade. The lion’s share of cost reductions in the solar industry has come from reductions in module prices. The $4 per watt you’d have paid in 2006 for modules alone gets you the entire residential solar system installed today.
Showing strength in all market sectors, Connecticut ranked 16th in the nation in installed solar capacity last year, according to the recently-released U.S. Solar Market Insight 2014 Year in Review.
Learn about the newly launched Connecticut Property Assessed Clean Energy (C-PACE) program in Connecticut, and how the program will lead to more solar deployment in Connecticut while saving costs for consumers, protecting the environment, and creating jobs. The program allows the State’s newly formed “Green Bank”, the Clean Energy Finance and Investment Authority (CEFIA) to offer property assessed clean energy financing and program services to municipalities and commercial property owners throughout Connecticut. This unique program will serve as a model for other states to follow.