Economic Benefits

Solar Power Cost, Benefit, and Deployment Capacity Shifts

Solar Power Cost, Benefit, and Deployment Capacity Shifts

A New Opportunity for California Cities and Counties. Property owners in most of northern California now recapture their on-site solar investments in as little as 5-6 years and continue to save money for another 20 years. Their communities benefit as well to the extent local governments act to capture reliability, resilience and equity benefits a thriving local solar industry makes possible. California counties and cities with mature local solar deployment capacity are seeing sustained double digit annual on-site solar expansion. It is as if an exceptionally talented and productive player just began playing for the local team – a player with the ability to lower energy costs, increase energy resilience and enable more equitable access to locally produced zero carbon electricity.

Valuing Local Renewable Energy Benefits

Valuing Local Renewable Energy Benefits

Property owner investments in on-site solar energy deliver significant environmental, economic and resilience benefits to cities and counties. Modest and ever-shrinking differences between unit (per kWh) costs of utility solar electricity supply and unit costs of on-site solar electricity systems point to a growing, beneficial long term role for local systems.