State
This state installed the most residential solar systems in 2023.
What is California?
This electric utility is the largest Investor-Owned Utility in the United States by number of customers.
What is Pacific Gas & Electric?
This federal incentive provides 30% of solar system and battery costs in the form of a tax credit.
What is the Investment Tax Credit?
Financing option wherein the financier retains ownership of the solar system.
What is Third-Party Ownership or Lease/PPA?
This state’s changes to net metering policy has resulted in 17,000, or 22%, of solar-related jobs lost in the state.
What is California?
This state has the highest number of solar installations per capita.
What is Hawaii?
This electric utility is the largest Investor-Owned Utility in the United States by kWh of electricity sold.
What is Florida Power & Light?
This is the year in which the Investment Tax Credit is currently beginning to sunset.
What is 2032?
The excess energy produced by a solar system sent to the grid.
What is Net Excess Generation?
This western state most recently adopted Net Billing and reduced export rates for distributed solar generation.
What is Idaho?
This southwestern state offers a 10% tax credit towards the equipment, materials, and labor costs of a residential solar energy system, up to a maximum of $6,000.
What is New Mexico?
This electric utility has the highest PTO approval percentage at the 90-day gate, at 100% (Based on Dividend data).
What is Oncor?
These incentives allow customers to sell proof of generated solar energy in the form of credits, based on state policy and pricing.
What are Solar Renewable Energy Credits or SRECs?
A regional or local municipality which enforces building and electric codes.
What is Authority Having Jurisdiction or AHJ?
This Pacific Northwest utility just announced it would be hiking residential electric rates by 18%.
What is Portland General Electric?
This state saw the highest percentage of new residential installations owned by a third-party (TPO) in Q3 2023.
What is New Jersey?
This large western utility offers the nation’s lowest residential retail rate for electricity as of December 2023, at just 10.8 cents/kWh.
What is Rocky Mountain Power?
This is the alternative export rate used by utilities operating on a Net-Billing structure, in comparison to the Retail Rate under Net-Metering.
What is Avoided Cost Rate or Wholesale Rate?
Laws that require a certain percentage of a state’s electricity consumption to be generated by renewable resources.
What is Renewable Portfolio Standard or RPS?
These 3 states saw over 100% YOY residential solar install growth in Q3 2023 due to sharply increased electric utility rates.
What are Connecticut, Illinois, and New Hampshire.
This state underwent its fifth consecutive reduction in its Resource Compensation Proxy (RCP) after the state government approved another 10% cut to solar homeowner’s excess generation export rates in 2023.
What is Arizona?
These 4 massive utilities operate as Transmission & Distribution Utilities in their own, deregulated energy grid, partnering with Retail Electric Providers to offer electric service to their regional customers.
What are Oncor, CenterPoint, AEP Texas, Texas-New Mexico Power?
All monetary solar incentives ultimately aim to reduce this projection of cost benefit when adopting solar.
What is Payback Period?
This law passed in 1978 as part of the National Energy Act promoted energy conservation and use of renewable energy, and created de-regulated energy markets.
What is the Public Utilities Regulatory Policies Act or PURPA?
These tariffs, first enacted in 2018, artificially raise the price of imported solar modules from oversea in an effort to spur domestic manufacturing.
What are Section 201 tariffs?