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Rooftop Solar Cost Competitive with the Grid in Much of the U.S.

Creative Commons, Mike Baker

December 1, 2014
Scientific American
Can solar power compete with fossil fuels?

Deutsche Bank says that solar electricity in the US is on track to be as cheap or cheaper than average electricity-bill prices in all but three states by 2016—assuming that the federal government maintains the 30% solar investment tax credit it currently offers homeowners on installation and equipment costs.

But even if the credit is reduced to 10%, solar power would still achieve price parity with conventional electricity in some 36 states by 2016.

Canada does not have a solar tax credit.