New Report Shows Residential Solar in Colorado Up 30%
The Solar Market Insight Report found that as of Q3 2014 more than 20,000 Colorado homes have "gone solar," along with more than 1,500 Colorado businesses.
WASHINGTON, DC - Demonstrating continued support for clean, renewable energy, residential solar installations in Colorado in Q3 were up more than 30 percent over the same period last year, according to the new quarterly report from GTM Research and the Solar Energy Industries Association (SEIA).
More Headlines
- JA Solar Delivers 1GW DeepBlue 4.0 Pro Modules for Landmark Desert PV Project in Inner Mongolia
- Electric Vehicle Battery Market is Experiencing Robust Growth
- EDF Renewables North America and Power Sustainable Close Financing for Desert Quartzite Solar and Storage Project
- BLUETTI Apex 300 Pre-Launch: Next-Gen Versatile Energy with Exclusive Access Open Now
- Enertech Global and Dandelion Energy Partner in one of the Largest Deployments of Residential Geothermal Heating and Cooling in U.S. History
The Solar Market Insight Report found that as of Q3 2014 more than 20,000 Colorado homes have "gone solar," along with more than 1,500 Colorado businesses.
"Time and time again, Coloradans have demonstrated their commitment to clean, renewable solar energy and exercised their right to choose their energy source," said Rhone Resch, president and CEO of SEIA. "In the past year, the cost of solar in Colorado has fallen 17 percent – largely due to smart and effective public policies, such as the solar Investment Tax Credit (ITC), Net Energy Metering (NEM) and Renewable Portfolio Standards (RPS)."
In 2013, $233 million was invested in Colorado to install solar on homes and businesses, and there are more than 327 solar companies at work throughout the value chain in the state, employing 3,600 Coloradoans. The 376 MW of solar energy currently installed in Colorado ranks the state 8th in the country in installed solar capacity. There is enough solar energy installed in the state to power 68,600 homes.
Nationwide, the solar industry employs 143,000 Americans and pumps nearly $20 billion a year into the U.S. economy. But solar also benefits the environment.
"The 17,500 megawatts of solar energy currently installed across the United States can generate enough pollution-free electricity to displace 20 billion pounds of coal or 2.2 billion gallons of gasoline," Resch added. "That's the equivalent of removing 4.3 million passenger cars from our roads and highways. Every 3 minutes of every single day, the U.S. solar industry is helping to fight the battle against damaging carbon emissions by flipping the switch on another completed solar project."
Featured Product
Vecoplan - Planning and implementation of complete processing plants in refuse derived fuel production
In order to reduce the costs involved in the energy-intensive production of cement, many manufacturers are turning to refuse-derived fuels (RDF), considerably reducing the proportion of expensive primary fuels they would normally use. Solid fuels are being increasingly used - these might be used tyres, waste wood or mixtures of plastics, paper, composite materials and textiles. Vecoplan provides operators of cement plants with proven and robust components for conveying the material and separating iron and impurities, efficient receiving stations, storage systems and, of course, efficient shredders for an output in various qualities.
