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Is Your Utility Ready? New Report Says Local Solar Could Power 10% of Country in 10 Years John Farrell, Senior Researcher

Is Your Utility Ready for a Solar Rooftop Revolution?

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Page 1: Is Your Utility Ready for a Solar Rooftop Revolution?

Is Your Utility Ready?New Report Says Local Solar Could Power 10% of Country in 10 Years

John Farrell, Senior Researcher

Page 2: Is Your Utility Ready for a Solar Rooftop Revolution?

10¢

15¢

20¢

25¢

30¢

2000 2005 2010 2015 2020 2025

...And the Price is Dropping Rapidly

Grid electricity

Solar electricity

0

1,250

2,500

3,750

5,000

1995 2000 2005 2010

Solar Power is Growing Incredibly Fast

installedmegawatts

We Need to Get Ready for a

Solar Rooftop Revolution

Page 3: Is Your Utility Ready for a Solar Rooftop Revolution?

solar power supplies just 0.1% of our electricity

2012

4,400 MW

Right now...

Page 4: Is Your Utility Ready for a Solar Rooftop Revolution?

If the trend continues...unsubsidized solar power could supply 10% of our electricity, at lower prices.

2022

300,000 MW

(Within 10 years)

Page 5: Is Your Utility Ready for a Solar Rooftop Revolution?

Solar Could Power Millions of Homes and Businesses

2012 2017 2022

38 million

21 million

3 million

...at a lower price than electricity from the utility

LOW PRICE

GUARANTEE

(Within 10 years)

Page 6: Is Your Utility Ready for a Solar Rooftop Revolution?

In a decade,solar becomes competitive in

almost every state

Page 7: Is Your Utility Ready for a Solar Rooftop Revolution?

Distributed Solar Potential at Parity with Utility Prices(megawatts of residential and commercial solar)

2012

56

500

1,200

3,500

Percent of Sales

1-5%5-10%10% or more

Page 8: Is Your Utility Ready for a Solar Rooftop Revolution?

Distributed Solar Potential at Parity with Utility Prices(megawatts of residential and commercial solar)

8500

590

750

30,000

16,000

7200

11,000

1800

990

360012,000

780

7000

8200

5100

11,000

190026,0002400

7300

5100

360

26001100

1200

800

14004800

1800

32,000

5000

580

970

2300

4100

4400

2900

7200

6800

2800

7100

11,000

11,000

550010,000

12,000

20

1140700

4000

Percent of Sales

1-5%5-10%10% or more

2022

Page 9: Is Your Utility Ready for a Solar Rooftop Revolution?

Year Residential Commercial2012 14,800 5,5002013 20,500 13,2002014 33,200 23,1002015 52,400 27,3002016 75,000 33,0002017 107,000 41,0002018 130,000 53,7002019 152,000 63,7002020 175,000 80,8002021 182,000 106,0002022 190,000 122,000

U.S.Solar Parity Potential

Megawatts

Installed today:4,000 MW

Page 10: Is Your Utility Ready for a Solar Rooftop Revolution?

Year Residential Commercial

10% of U.S. electricity sales

10% of U.S. electricity sales

10% of U.S. electricity sales

2022 190,000 122,000

Solar Parity Potential

Megawatts

Installed today:0.1% of electricity sales

Page 11: Is Your Utility Ready for a Solar Rooftop Revolution?

www.ilsr.org/roofop-revolution/

How will we get there?