DC is Given a Very Good Solar Power Rating
✉️ Want to forward this article? Click here.
A new set of rankings for solar power-friendliness across the country gives DC a very good rating.
The rankings, from Solar Power Rocks, looked at twelve different criteria in order to come with the rankings and Washington, DC was given an overall grade of B. The average payback period for a 5 kilowatt system in the city is six years, and the internal rate of return is about 17 percent.
story continues below
loading...story continues above
“Washington, DC gets the first ‘B’ grade, yet continues to rise in our rankings thanks to a great rebate program and a screamin’ Solar Renewable Energy Certificates SREC market,” the rankings noted. “With a sales tax exemption, DC would get a solid “A” grade, but an investment in solar in the District is already a great bet. However, in just two short years the value of SRECs will drop by 30 percent, increasing payback time and reducing the internal rate of return.”
To view the full set of rankings, click here.
See other articles related to: dc solar panels, solar panel, solar panels, solar power
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/dc_gets_a_b_rating_in_solar_power_rankings/10950.
Most Popular... This Week • Last 30 Days • Ever
Forest Hills Connection is reporting that the owner of the Days Inn along Connecticut... read »
On Monday, the listing price for the 30,000 square foot home that was originally buil... read »
The eight-bedroom estate built by Banks Development along Chain Bridge Road will be l... read »
The 67-room luxury hotel will be located at 3000 M Street NW, the site of the old Lat... read »
DC's Historic Preservation Review Board looks poised to approve changes for one of th... read »
- A Plan For More Development In Van Ness?
- The Price For Dan Snyder's Former Potomac Home Drops By $5 Million
- DC Home At Site Of Former Cafritz Mansion Set To List For $23.5 Million
- Jose Andres Group Partners On New Georgetown Hotel
- HPO Recommends Approval For Changes To 280-Unit Building At DC's Reservoir District
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro