Opening ceremony keynotes speeches from Intersolar 2016 featuring Kevin de Leon of the California Senate, Bernadette del Chiarro of CALSEIA, Lynn Jurich CEO of Sunrun, Ali Zaidi from the OMB and others with a message that solar powered electrcity is mainstream, and more affordable than ever for more Americans. Lynn Jurich, Co-Founder and CEO of SunRun, a residential solar power installation and finance company said to not bet against America.
Sunrun CEO Lynn Jurich told Bloomberg News that the US solar energy market has never been stronger, despite low oil and fossil fuel prices. The cost of solar energy, and residential solar power systems have been declining, while consumers are demanding cleaner energy solutions for their homes. The combination of lower costs and higher consumer demand has been driving 100% year over year growth in solar adoption.
Sunrun Solar sent out a revised Consolidated Statement of Cash Flow for Q4 and Full year 2015 results. Solar Deployments grew by almost 200% and cost of product delivery declined by 17% according to the company's news release. Highlights include an 83% increase in Q4 deployments year over year, and 596 MW cumulative installed.
Whenever the discussion of solar cost, the focus is usually on the cost of equipment, like solar panels and inverters. But, according to a recently released report from California solar installation company SunRun, there's another factor that's adding up to 30 percent to the solar installation cost: permits. Solar installers across the country are becoming increasingly frustrated with different requirements, even between neighboring counties. So what's the deal with solar permitting?
Being featured on Good Morning America this morning, solar power has been put in a very pleasant spotlight. If any industry deserves its five minutes in the sun, it's solar, an we're always happy to hear that topics related to solar, other renewables, and energy efficiency are reaching a broad audience.
Colorado homeowners interested in solar power are eligible for good incentives from their utility company and the feds, but even so, the cost of solar can be prohibitive for many people. To provide another option, San Francisco-based SunRun, one of the country's few solar lease providers, is launching services in Colorado territory.