By the numbers, solar energy comes with a hefty price tag in comparison to other sources. But energy experts claim that the overall value to society offsets the initial high production cost.
On a residential scale, the cost of solar energy is approximately 23 cents per kilowatt-hour (kWh). This number far exceeds the 4 cents per kWh from "wholesale" electricity grid.
However, John Farrell of Renewable Energy World magazine argues that "solar power has a monetary value as much as ten times higher than its energy value."
"State renewable energy policies often require utilities to purchase the environmental value of solar in the form of renewable energy credits (RECs). However, the grid value of solar [...] often goes unrewarded. This value should be captured in the price utilities are willing to pay for solar, but more often the price a utility pays is either the wholesale price [...] or the avoided cost [...]. Neither of these prices reflect the value of distributed solar in reducing peak demand, relieving stress on grid infrastructure or avoiding grid losses," he maintains.
FULL STORY: Value of Solar Power Far Exceeds the Electricity
California's Canal Solar Projects Aim to Conserve Resources and Expand Clean Energy
California’s Project Nexus has begun generating electricity from solar panels installed over irrigation canals, with researchers and state agencies exploring statewide expansion to conserve water and boost clean energy production.
Renewable Energy Overtakes Coal for First Time
Solar and wind power generated close to a third of U.S. electricity supplies in 2024.
California Leads in Solar Rooftops
A combination of state and local incentives and building code mandates has helped California far outpace other states in residential rooftop solar permits.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.
Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.
Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.
MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.
Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Caltrans
City of Fort Worth
Mpact (founded as Rail~Volution)
City of Camden Redevelopment Agency
City of Astoria
City of Portland
City of Laramie