Annual report ranks the 50 states by factors that predict strong growth in the home solar industry
PORTLAND, Ore., Jan. 22, 2020 /PRNewswire/ —¬†Solar Power Rocks (SPR), a comprehensive source of information for homeowners about state and national solar policy, incentives, and financial estimates, has released its 2020 State Solar Power Rankings Report.
The Report assesses the 50 states and Washington D.C.¬†based on factors likely to result in robust growth in the residential solar industry. SPR staff grade the states on 10 factors, including new criteria for annual insolation and low-income or community solar programs. For 2020, an updated weighting mechanism places greater importance on strong net metering policy. Net metering allows solar owners to earn credit for excess solar electricity their panels produce when the sun is shining, which they use to offset their needs at night.
“Access to full retail rates for net metering is strongly correlated to thriving home solar markets. We’re closely following the impact of enhanced programs in some of the top states we identified in 2020,” said Dan Hahn, SPR’s founder. “Net metering battles between well-connected utility companies, state legislative bodies and state public utility commissions threaten to erode the potential for us all to participate in a clean energy future.”
For 2020, the top 5 solar states are Massachusetts, New York, New Jersey, Rhode Island, and Maryland. Located at https://www.solarpowerrocks.com/state-solar-power-rankings/, the Report is an interactive data visualization that allows users to compare states side-by-side and learn about the criteria used in the ranking process. SPR staff also calculates example return-on-investment numbers for the average¬†home¬†solar installation in each state. The calculations are based on household electricity usage data from the U.S. Energy Information Administration, and solar production and cost data from the National Renewable Energy Laboratory, installers,¬†and industry sources.
2020¬†marks the 13th¬†anniversary of the SPR State Solar Power Rankings Report, and a continued¬†dedication to provide legislators, homeowners, and installers an unbiased, rigorous and free resource to help them see the impact of solar in their state.
Since 2007, Solar Power Rocks has been¬†dedicated to solar financial education and advocacy for stronger federal and state-level policies, which are instrumental in¬†paving the way to a more sustainable¬†clean energy future for us all.
SOURCE Solar Power RocksSource: https://finance.yahoo.com/news/solar-power-rocks-reveals-best-120000815.html