WhatFinger

Even if solar achieves a break-even cost with conventional sources, grid parity is only part of what is needed for an alternative source to be a true contributor on the grid

Why “Grid Parity” is a Meaningless Concept


A recent report proclaimed that solar power will reach “grid parity” in most of the United States by 2016. Referencing a Deutsche Bank report, Bloomberg announced that if the investment tax credit (ITC) of 30 percent is extended beyond 2016, solar energy in 47 states would achieve price parity with electricity from conventional sources in 2016.
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