Solar energy in certain areas of the United States has reached a milestone known as “grid parity.” Grid parity occurs as utility electricity costs continue to rise and at some point become more expensive than solar energy.
Typical Number of Year to Pay Off Solar
Guaranteed Minimum Lifespan of Our Solar in Years
Possible Monthly Electric Bill Decrease
A 2013 Deutsche Bank report said, “We see solar becoming mainstream as it passes cost competitiveness with traditional forms of generation.” The Deutsche Bank analysts wrote that ten states in the Southwest and Northeast, where electricity costs are highest, are currently at grid parity. They cited Arizona, California, Connecticut, Hawaii, Nevada, New Hampshire, New Jersey, New Mexico, New York, and Vermont as being at grid parity, with utility costs to exceed solar cost in more states soon. According to a 2013 note by Citi Research, Germany, Spain, Portugal, and Australia have reached grid parity as well.
The Deutsche Bank report mentioned that 50 gigawatts of coal-fired generation capacity will be removed in coming years due to pollution and emission laws. Some new power stations may be built to guarantee supply, but this would force the price of regulated electricity even higher, making solar even more competitive.
In 2013 and 2014, the majority of new electrical capacity added in the U.S. was from solar energy. So, if you live in the Southwest or Northeast, solar isn’t just competitive—the competition is over and solar has won.
Property owners may now put their own energy generation system in place. A system that will pay for itself within a few years and then keep on making clean, quiet solar energy for a very long time.
The biggest solar decision our customers face is deciding when they want to quit over-paying for their power.
This is SunUp Solar’s standard disclaimer about the need for a careful evaluation of each unique property to determine if and how to best adapt solar to that property. Like any other kind of property improvement, solar requires an inspection by a professional to take site conditions into account. In the case of solar, these include roof size, pitch and orientation, shading issues, the status of the property’s electrical system and the property’s electrical billing history. This is routine for us and it is absolutely necessary to provide an accurate proposal for property owners. We use satellite photos, such as Google Earth, to get a general idea of your property’s situation. Unlike some companies, we will not provide a firm quote until one of our Energy Consultants has visited the property, done the proper analysis, and discussed the project thoroughly with the property owners. We stand behind our work and must have customers that are pleased with every aspect of their solar project.