New Report Shows Value of Solar in Massachusetts
Wednesday, April 15, 2015
"Solar generation is a valuable local energy resource that provides significant benefits to rate payers," said Jamie Howland, Director of Acadia Climate and Energy Analysis (CLEAN) Center.
According to the report, the value of solar to the electric grid and its rate payers range from 22 to 28 cents/kWh, "with additional societal values of 6.7 cents/kWh."
"Societal benefits should be used when assessing the overall costs and benefits of solar PV and determining additional incentives," said Leslie Malone, Acadia Center Senior Analyst and an author of the report.
These social advantages include environmental benefits, clean energy, and "avoiding generation and related emissions from conventional power plants."
"Having a better understanding of the value of solar PV and its components will help the task force and policy makers recommend and advance policies that help to encourage deployment of this clean energy resource," said Mark LeBel, Staff Attorney with Acadia Center and the organization's Massachusetts lead on solar policy.
The report provides information for the Net Metering and Solar Task Force in Massachusetts, which will conclude its work at the end of April.
To view the report, click here: VALUE OF DISTRIBUTED GENERATION -SOLAR PV IN MA
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