Texas Adds Solar Capacity To Provide Power To More Homes

Electricity costs are very high in Australia but there is a better option in solar panels on the Gold Coast to do away with electricity bills. Sunlight is abundant in the Gold Coast with 300 sunny days every year. On the average, a property will gain 4.2 hours of full sunlight and 12 sunlight hours every day of the year. Another place where there is abundant sunshine is Texas that is why it is one of America’s hottest solar markets.

In the 3rd quarter of the year, Texas added 227 megawatts of solar capacity enough to provide power to 44,000 homes. According to GTM Research and the Solar Energy Industries Association, this was more than what Texas added in 2015. Nationally, the US was able to add more than 22,000 megawatts of solar capacity during the 3rd quarter.

However, in spite of abundant sunshine and its large population, Texas only ranks 7th in installed solar capacity. Solar power accounts for less than 1% of the electricity being generated from utilities. There were several factors that slowed down growth of solar power. The industry expected a reduction after the record 2016 when companies struggled to be able to beat the tax incentive deadline that was later extended. Other factors include the potential for import tariff on solar cells and some rooftop solar companies leaving the less profitable markets.

A steady growth for solar power nationally is predicted by US Energy Information Administration with utility-solar scale providing 27 gigawatts of capacity by end of 2017, up from 2016’s 22 gigawatts. By the end of 2018, the amount of solar is predicted to increase to 30 gigawatts. On the other hand, there have been uncertainties in the solar market this year after 2 companies petitioned the federal government to impose tariffs one foreign-made solar cell and panels.

Solar is a growing energy source in Australia because of the reduction in electricity bills. Installations of solar panels on the Gold Coast significantly increase the value of the property when it is time to sell. Home buyers are attracted to solar roofs knowing that they can save on electricity bills.

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