Hello, wonderful readers! Have you ever heard of distributed solar power? It’s a term that has been creating significant waves in the world of solar energy. Today, we’re going to use New York as a case study to explore the power of distributed solar; why it’s important and how solar companies are coming up with innovative ways to increase the appeal and practicality of getting a solar array for your home.
For a bit of background, distributed solar power encompasses rooftop and community solar installations. Interestingly, of New York’s whopping 5.8 GW of solar capacity, a whopping 93% can be attributed to this category. And with NY’s commitment to produce 70% of its power from renewables by 2030, solar companies are making high-impact policy interventions to realize a distributed solar goal of 20 GW by 2035.
Here’s a sweet piece of news: New York is actually ahead of schedule striving towards the mission of deploying 10 gigawatts of rooftop and community solar by 2030. The distributed solar industry in my home state is well underway to help New York bridge the gap, creating an additional 10 GW of solar capacity. The projected benefit? A dazzling $50 billion in customer savings over 25 years.
So, just imagine the implication of this for New Yorkers willing to install solar panels for their homes. Think about the potential electricity bill savings for communities that decide to subscribe to a communal solar project.
Solar companies are propelling distributed solar plus storage because they can result in lower costs compared to relying solely on large-scale renewables and transmission buildout. Imagine saving a projected $28 billion just by balancing the scales. Kind of sounds like perfect sense, doesn’t it?
Of course, accelerating distributed solar deployment is not without its challenges. It requires innovative local permitting, flexible and faster interconnection, smart electric rate design, and supporting policies for virtual power plant programs. Continual improvements in community solar programs and residential solar tax credits are also needed.
In sum, going for a solar array for your home isn’t just a smart move for individual savings and sustainable living. It’s also a crucial step in achieving broader environmental and economic goals.
This is why I’m more than excited about the future of solar. As solar companies double their efforts and communities come together in shared responsibility, the prospect of a cleaner, brighter, and renewable future becomes more and more attainable.
Thanks for reading today’s post, and remember – every ray of sunshine can power up our world. Stay tuned for more updates on the constantly evolving solar industry landscape!
Original Articlehttps://pv-magazine-usa.com/2024/07/24/a-path-to-20-gw-of-distributed-solar-in-new-york/
