In which states is solar a cost-competitive technology?

States with the greatest solar resources, such as Texas, California, Arizona, Hawaii and New Mexico, are the states in which solar PV is the most cost competitive. While those states make sense from a solar resource perspective, solar PV is also cost competitive in other places, including Massachusetts, New Jersey, New York, Pennsylvania and Connecticut. And although the solar resource is lower in the Northeast region of the country, those states typically have high costs of power from traditional providers. And there are lucrative financial incentives available through state legislation.

Category: Financials

Authored By: Omnispear Developers

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