Is Your Utility Ready?New Report Says Local Solar Could Power 10% of Country in 10 Years
John Farrell, Senior Researcher
0¢
5¢
10¢
15¢
20¢
25¢
30¢
2000 2005 2010 2015 2020 2025
...And the Price is Dropping Rapidly
Grid electricity
Solar electricity
0
1,250
2,500
3,750
5,000
1995 2000 2005 2010
Solar Power is Growing Incredibly Fast
installedmegawatts
We Need to Get Ready for a
Solar Rooftop Revolution
solar power supplies just 0.1% of our electricity
2012
4,400 MW
Right now...
If the trend continues...unsubsidized solar power could supply 10% of our electricity, at lower prices.
2022
300,000 MW
(Within 10 years)
Solar Could Power Millions of Homes and Businesses
2012 2017 2022
38 million
21 million
3 million
...at a lower price than electricity from the utility
LOW PRICE
GUARANTEE
(Within 10 years)
In a decade,solar becomes competitive in
almost every state
Distributed Solar Potential at Parity with Utility Prices(megawatts of residential and commercial solar)
2012
56
500
1,200
3,500
Percent of Sales
1-5%5-10%10% or more
Distributed Solar Potential at Parity with Utility Prices(megawatts of residential and commercial solar)
8500
590
750
30,000
16,000
7200
11,000
1800
990
360012,000
780
7000
8200
5100
11,000
190026,0002400
7300
5100
360
26001100
1200
800
14004800
1800
32,000
5000
580
970
2300
4100
4400
2900
7200
6800
2800
7100
11,000
11,000
550010,000
12,000
20
1140700
4000
Percent of Sales
1-5%5-10%10% or more
2022
Year Residential Commercial2012 14,800 5,5002013 20,500 13,2002014 33,200 23,1002015 52,400 27,3002016 75,000 33,0002017 107,000 41,0002018 130,000 53,7002019 152,000 63,7002020 175,000 80,8002021 182,000 106,0002022 190,000 122,000
U.S.Solar Parity Potential
Megawatts
Installed today:4,000 MW
Year Residential Commercial
10% of U.S. electricity sales
10% of U.S. electricity sales
10% of U.S. electricity sales
2022 190,000 122,000
Solar Parity Potential
Megawatts
Installed today:0.1% of electricity sales
www.ilsr.org/roofop-revolution/
How will we get there?