Residential Solar May Reach Grid Parity in California in 2015

Clean Energy Authority

California is the nation’s largest solar market in the nation, thanks to its incentives and rebates, which include a 33 percent renewable energy standard and the Million Solar Roofs programs.

And with a number of the largest solar projects in the world planned to start supplying utilities with power beginning to come online (at least partially) this year, it’s no wonder that the market has reduced prices to near grid parity levels. But now some are saying the cost of residential solar could reach grid parity by as early as mid-2014.